Larry Heaton

We are proud to partner with JumpStart Ventures and JumpStart Inc. by being a gold sponsor of #OhioVCFest on September 17-18. Project Medtech will be hosting a workshop on September 17 at 3:00 pm!! This interactive workshop takes you beyond theory, diving headfirst into the real-life scenarios and challenges faced by HealthTech startups in their quest for funding. Experienced panelists will share firsthand stories and lessons learned, illuminating the diverse paths to success in this complex landscape. Discover how to navigate unexpected hurdles, adapt your strategies, and secure the capital you need to thrive. There's no one-size-fits-all solution, and this workshop will equip you with the insights and tools to chart your own unique course to investment success. Connect with leading investors, institutions, corporations and entrepreneurs from across the country through curated 1:1 meetings and networking sessions. We look forward to supporting and growing the region’s startup community and witnessing the latest innovation in tech. Secure your spot today: ohiovcfest.com #medicaldevices #startup #medtech #projectmedtech #innovation #medicaldevice #podcast #strategy

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In Dayton next week? Check out how #8tree empowers maintainers to shrink TaT and accelerate warfighter readiness amid the Great Power Competition. Real-time. Real fast. If you blink, you might miss the magic of aviation maintenance. #dentmapping #dentCHECK #WarfighterReadiness #GPC #TurnAroundTime

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Build a culture of serving people and the profits follow. Milton Friedman (1912-2006), an American economist, once argued that the business of business is profits. Herb Kelleher (1931–2019), the long-time CEO and co-founder of Southwest Airlines, believed that the business of business is people. We agree with Kelleher! Sciton is in the #PPLE business; we just happen to build lasers. #Sciton #Mindset #Hustle #ServeOthers #BecauseResultsMatter

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Private equity dollars have grown in the healthcare system over the years but some recent studies have highlighted potentially adverse effects. A study published in JAMA in December 2023 found that PE-owned hospitals are 25.4% more likely to report patient complications. So what's the solution here? I think we have to promote far greater oversight and accountability in order to strike a balance that allows for attracting investment and enhancing patient outcomes simultaneously. #Healthcare #PrivateEquity #HealthcareInnovation

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Great chart by Axial. Not surprised small healthcare deals are unattractive. Revenue cycle and payors are a challenge for anyone without deep industry experience

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🌱 Key Insights from the 2024 Private Directors Association® Directors Association PRISM Conference 🌱 Last week, I had the privilege of attending and speaking at the PDA PRISM national conference in Chicago. I came away with some powerful insights for board members, executives, and leaders across all sectors. 🎥 Watch the full video below (a bit longer than I was planning), but only scratching the surface of the many insights gained and lessons learned at the conference. Basically, you are getting the highlights from two full days in 10+ minutes, a time and attention bargain. 🔐 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆: It’s not just a tech issue anymore – it’s a leadership issue. Boards and CEOs must be proactive and ensure they are doing all they can to mitigate risks, prepare to respond to cyber incidents, and ensure that their cyber insurance policies are up-to-date and compliant. 🤖 𝗔𝗜 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻: About 1 in 3 CEOs are already investing in AI. Boards need to move beyond discussions and take action, integrating AI into both business and governance processes. 💼 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗖𝘂𝗹𝘁𝘂𝗿𝗲: Engagement levels are at an all-time low, despite culture being a top priority for CEOs. Could it be a generational disconnect or a lack of leadership tools? Boards must prioritize trust and transparency to boost engagement. ⚠️ 𝗥𝗶𝘀𝗸 & 𝗠&𝗔: It’s not enough to have a risk registry; boards need to understand and actively mitigate risks. Cultural integration is the make-or-break factor in most M&A deals. 🌍 Diversity & Inclusion: We’re moving toward Diversity, Merit, and Inclusion (DMI), focusing on cognitive and experiential diversity. Boards that embrace diverse perspectives perform better. 💡 𝗘𝗦𝗢𝗣𝘀: Employee Stock Ownership Plans drive higher engagement and long-term success, but a small minority of companies embrace this model. It’s time to explore this option as an exit strategy for legacy building and sustainability. 🎯 𝗕𝗼𝗮𝗿𝗱 𝗥𝗲𝗮𝗱𝗶𝗻𝗲𝘀𝘀: Clarity is key for aspiring board members. Define your value proposition, refine your board resume, bio, and LinkedIn profile, and actively network to find the right opportunities. #Leadership #Governance #BoardLeadership #ESOP #AI #Cybersecurity #DMI #WorkforceEngagement #Culture #MergersAndAcquisitions #RiskManagement #Prism2024 #BoardReadiness

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Empirical evidence shows that a company's longevity and scale don't necessarily reflect its capability. Remember these headlines from HME News: “INVACARE’S EXIT FROM RESPIRATORY MARKET IS ‘DEVASTATING” ‘22 “PROVIDERS FEEL SQUEEZED IN WAKE OF PHILIPS EXIT” ‘23 Innovation is fueled by competition, so challenge the status quo. Chart your own course in business! #findyourrhythm #hmenews

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🌍 A World on the Brink: Why we need to Rethink Fertility Solutions Now The recent Foreign Affairs article by Nicholas Eberstadt, “The Age of Depopulation” has been weighing heavily on my mind. As someone deeply immersed in women’s health, I can’t help but feel the urgency of this crisis. Birth rates are plummeting worldwide, and with them, the future of our economies, communities, and cultures is at risk. The reasons for this decline are complex—economic pressures, shifting societal norms, and, most critically, a lack of accessible and reliable #fertilitysupport. The main reason can sound: "What women wants". The tools available today, like urine ovulation sticks, are outdated, inconvenient, and frankly, not designed for the real challenges people face. We need solutions that fit into the fast-paced, tech-driven world we live in. Solutions that are accurate, accessible, and empowering. This is why we created #Ovul. It’s not just a product; it’s a mission. With a simple 5-second saliva test powered by #AI, we’re transforming how women understand their fertility. No messy strips. No ambiguity. Just clarity and confidence, wherever you are in the world. But it’s about more than convenience. It’s about #hope. Hope for couples struggling to conceive. Hope for women who want to understand their bodies better. Hope for nations grappling with the economic and social repercussions of declining populations. We envision a future where #fertility isn’t a barrier, but an opportunity—where women everywhere have the tools they need to make informed, empowered choices about their reproductive health. This isn’t just about technology. It’s about #humanity. And we believe Ovul can be part of the solution to one of the most pressing challenges of our time. What do you think? How can we come together to tackle this global issue? PM me for any questions.

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New post on mydamnac.com : Hot and Bothered It seems like every day, there is another news story about another temperature record being broken. Here are five points to put the string of records into perspective: :https://buff.ly/3SUPpaP #heatwave #extremeheat

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Just 25% of women with an incontinence diagnosis seek care. Our Leva Cares study is helping to understand why. But equally important, we're connecting more women with Leva. Check out what we're hearing. #femalevoices #livingleakfree #awareness

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Today is Deviled Egg Day. Simply put, deviled eggs are hard boiled, cut in half, and filled with - well, that part’s up to you! Whether you use mustard or ground mustard, prefer chives or bacon, or hold the paprika or add extra, National Deviled Egg Day is for making and munching on America’s favorite potluck treat. 500AD: An eggy original A collection of ancient Roman recipes included eggs seasoned with oil, wine, or broth — served with pepper and laser, a now-extinct plant. 61AD: Deviled eggs are literary In Petronius’ “Satyricon,” a banquet includes songbirds marinated in peppered egg yolk and stuffed into peasant eggs. 1786: "Deviled" made its debut This dish is officially dubbed “deviled eggs” because “deviled” foods are seasoned, fried, or boiled. 1940s: Add that mayo Mayonnaise is commonly accepted as the binder in deviled eggs.

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Digital biomarkers represent a paradigm shift in every aspect of healthcare – from drug development to direct patient care. Companies like Cumulus are working hard to disrupt the biopharma industry, notoriously known for slow adoption of new technologies. We can’t do this alone! That’s why we are thrilled to be joining key stakeholders across the industry in this critical DATAcc by DiMe project to advance the acceptance and utilization of digital endpoints. Excited to be alongside friends and partners on this journey to finally have the tools we need to quantify the ROI of including digital endpoints in clinical studies! #digitalbiomarkers #digitalendpoints #CNS #innovation

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You no longer need an office visit and prescription to monitor your blood sugar. The FDA cleared two OTC continuous glucose monitors made by Abbott. I love solutions like that that empower people to participate in their own health . OTC products do precisely this. We must reduce barriers to solutions that can help people take control over their well-being. Accessibility was a big driver in the creation of Thimble. Needle fear is often dismissed even though it affects most people. We believe everyone deserves access to solutions. That is why everything we create does not require a prescription. And yes— CGM’s do have needles within. So if you are looking to soothe the soreness, try our patches. They are OTC and HSA/FSA eligible. Soon, expect every CGM to come packaged with Thimble. Because easing the pain will allow you to keep using the CGM’s ;) #continuousglucosemonitor #bloodglucose #type2diabetes #medtech #innovation #stickwithcompassion https://lnkd.in/gqaPT7jp

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🚨 𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗳𝗲𝗹𝗹𝗼𝘄 𝗖𝗘𝗢𝘀, 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀, 𝗮𝗻𝗱 𝗕𝗼𝗮𝗿𝗱 𝗠𝗲𝗺𝗯𝗲𝗿𝘀 🚨 𝗔𝗿𝗲 𝘆𝗼𝘂𝗿 𝗯𝗼𝗮𝗿𝗱 𝗽𝗮𝗰𝗸𝘀 𝘀𝗲𝘁𝘁𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝘁𝗲𝗮𝗺 𝘂𝗽 𝗳𝗼𝗿 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝘀𝘂𝗰𝗰𝗲𝘀𝘀? 📊 According to some great collaborative research conducted by Board Intelligence Admin and the NACD (National Association of Corporate Directors) only 13% of board directors rate their board packs as "extremely effective". I’ve distilled best practices from my own experience and thought leaders like NACD, PwC, the Private Directors Association, and Board Intelligence into this 𝗕𝗲𝘀𝘁-𝗶𝗻-𝗖𝗹𝗮𝘀𝘀 𝗕𝗼𝗮𝗿𝗱 𝗣𝗮𝗰𝗸 𝗚𝘂𝗶𝗱𝗲. From cutting out unnecessary detail to delivering actionable insights, these recommendations and other insights in this research report (https://lnkd.in/grRCSTwj) hopefully help you transform your boardroom discussions and decision-making. 🎯 Curious how you can improve your governance and performance? Download the full guide and leave your thoughts in the comments! #BoardGovernance #CEOLeadership #Entrepreneurship #BoardEffectiveness

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December is a great time for physician-owned businesses to invest in driving efficiency, automating compliance, and reducing risk in their surgery centers.

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𝐓𝐰𝐨 𝐁𝐢𝐠 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐌𝐢𝐬𝐭𝐚𝐤𝐞𝐬 𝐘𝐨𝐮 𝐂𝐚𝐧 𝐀𝐯𝐨𝐢𝐝 When Geoffrey Moore's 𝑪𝒓𝒐𝒔𝒔𝒊𝒏𝒈 𝒕𝒉𝒆 𝑪𝒉𝒂𝒔𝒎 was first recommended to me, I remember thinking, “How does an IT-centric book apply to medical?” But it really does! The book highlights the gap between early adopters and the mainstream market. Many growth-stage MedTech companies I’ve worked with get stuck in that chasm—fantastic technology, devoted early adopters, but little expansion within or beyond those initial accounts. To cross that gap, you must find a mainstream niche with a serious pain point your solution addresses. Then, build out the services around your product so you’re solving the entire problem and focus on dominating that specific niche. It may seem counterintuitive, but the smaller the niche, the better because dominating the niche is key. Mainstream buyers will seek validation from peers like themselves, not the early adopters you have already convinced. Yes, KOLs can help, but they must be relatable to your mainstream target physicians. 𝐓𝐰𝐨 𝐦𝐢𝐬𝐭𝐚𝐤𝐞𝐬 𝐈 𝐬𝐞𝐞 𝐦𝐨𝐬𝐭 𝐨𝐟𝐭𝐞𝐧: 1. Overusing early adopters as references 2. Failing to identify and focus on a clear niche If your company or portfolio company is stuck in the chasm, reach out and let's discuss. #medtech #privateequity #venturecapital #healthcare