The Pulse by Wharton Digital Health - Nawal Roy, Founder and CEO of Holmusk, on advancing behavioral health with real-world evidence-based analytics and decision-making

Nawal Roy, Founder and CEO of Holmusk, on advancing behavioral health with real-world evidence-based analytics and decision-making

03/13/24 • 34 min

Our guest on this episode is Nawal Roy. Nawal Roy is the founder and CEO of Holmusk, a company that specializes in real-world evidence, AI-powered analytics, and digital solutions to solve the evidence gaps problem in mental health.

Last year, Holmusk raised a series B funding round of $45M, led by Veradigm, a leading provider of healthcare data and technology solutions. Powered by this investment, Holmusk’s NeuroBlu database recently reached a pivotal milestone of 4 million patient lives, becoming the largest NLP-enriched, de-identified real-world data platform designed for behavioral health and mental health research.

Nawal and I discussed:

Holmusk’s founding story, how Nawal connected his background and skill sets in finance to healthcare, and where he saw opportunities in building a “Bloomberg Terminal” for behavioral health
Holmusk’s flagship platform, Neuroblu, which organizes and analyzes a large volume of real-world data to provide insights for research, care improvement, and marketing purposes
Generative AI and natural language processing (NLP) and their the potential to revolutionize mental health care by enabling precision psychiatry, improving the standardization of treatment protocols, and bridging the evidence gap
Holmusk’s active partnerships with healthcare systems, pharma companies, and government organizations to expand its data set and drive meaningful change in the industry

Nawal and I discussed:

Holmusk’s founding story, how Nawal connected his background and skill sets in finance to healthcare, and where he saw opportunities in building a “Bloomberg Terminal” for behavioral health
Holmusk’s flagship platform, Neuroblu, which organizes and analyzes a large volume of real-world data to provide insights for research, care improvement, and marketing purposes
Generative AI and natural language processing (NLP) and their the potential to revolutionize mental health care by enabling precision psychiatry, improving the standardization of treatment protocols, and bridging the evidence gap
Holmusk’s active partnerships with healthcare systems, pharma companies, and government organizations to expand its data set and drive meaningful change in the industry

Previous Episode

Sam Holliday & Dr. Sameer Berry, Oshi Health, on revolutionizing GI Care through a high-touch, integrated model

Our guests this episode are Dr. Sameer Berry and Sam Holliday, co-founders and CMO and CEO of Oshi Health. Oshi Health is a virtual gastrointestinal care clinic increasing access to care for the one in four Americans with digestive disorders. In this episode, I spoke with Sameer and Sam about:

Oshi’s high-touch, integrated care model for GI patients
Purpose-built clinical workflows to improve outcomes and cost savings
Oshi's partnerships with independent GI practices and health plans
The future of virtual first specialty care

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Buck Poropatich, Head of Lyft Healthcare, on removing transportation as a barrier to improve access to healthcare

In this episode, I sat down with Buck Poropatich, Head of Lyft Healthcare. Lyft Healthcare launched in 2016 as part of Lyft's broader efforts to address transportation barriers in healthcare. Today, Lyft Healthcare partners with 9 of the 10 largest US health systems, non-emergency medical transportation brokers, and the top 10 payers to provide rides across the patient journey.

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Buck and I discussed:

Lyft Healthcare’s founding story after the company discovered a hidden product-market fit in the healthcare industry.
Creative partnerships with companies like Best Buy Health and Instacart Health that have enhanced Lyft Healthcare's services and expanded their reach in the healthcare space.
Lyft Healthcare’s alignment with the shift towards value-based care, as transportation plays a strategic role in improving care adherence, member satisfaction, and managing total cost of care.
Future expansion plans for Lyft Healthcare include expanding their Medicaid footprint, extending their Lyft Assisted product, and leveraging mobile app technology and data modeling to improve the member experience.