HLTH: Dr. David Stein on Revolutionizing Blood Testing: Accessibility and Affordability for All
Improving health outcomes should be accessible to all, and convenience and affordability are key to unlocking that.
In this episode, Dr. David Stein, CEO at Babson Diagnostics, details how the BetterWay Blood Testing service offers routine and specialty testing through at convenient locations like local pharmacies and community events, eliminating the need for traditional venipuncture. This service addresses the crucial issues of access, affordability, and equity by providing testing for uninsured and underinsured individuals and those with needle phobias. Dr. Stein emphasizes their focus on diverse communities, affordable self-pay options, and extended hours. He also explains that their goal is to make proactive health monitoring more convenient for all, thereby reducing barriers and empowering individuals with vital health information, leading to better patient advocacy and clinical outcomes.
Tune in and learn how its making better health accessible for all!
About David Stein:
David Stein is the former global head of strategy and president of molecular diagnostics for Siemens Healthineers. His previous roles include CEO of Siemens' point of care business, head of strategy for the Diagnostics division, and global vice president of engineering within the Diagnostics division. Working alongside Eric Olson, he was instrumental in incubating Babson Diagnostics in the company’s earliest days. David is also the Board Chairman of PixCell Medical, Israel.
Dr. Stein earned his Ph.D. in Engineering from Johns Hopkins University.
Things You’ll Learn:
BetterWay Blood allows for routine and specialty testing. It is available at convenient locations like pharmacies and community events, which is ideal for people who are afraid of needles or are busy.
The service is designed to be affordable, addressing a major barrier for those without insurance or who are underinsured, allowing broader access to vital health information and empowering them with better clinical outcomes.
The company actively seeks to partner with local businesses, community groups, and healthcare providers, offering diverse locations and extended hours to serve a wide range of people and impact diverse communities.
Blood testing is very personal, and many have stories, good or bad, and a significant percentage don’t get their doctor-ordered blood testing done unless they have a trigger event.
Partnering with clinicians is a fundamental human right.
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