Summary
In this episode, Steph Pliha interviews Chris Wood, the CEO of Reveal DX, a company focused on early intervention for lung nodules. They discuss the origins of Reveal DX and its goal of catching lung cancer as early as possible. Chris explains how their technology, based on AI and machine learning, can triage and identify high-risk nodules, helping radiologists make informed decisions. They also touch on the challenges of the medical imaging AI industry and the importance of improving patient care and reducing unnecessary procedures. In this conversation, Chris, the CEO of a medical imaging AI company, discusses the future of AI in radiology and the next big thing in the industry. He also shares advice for CEOs and founders of med tech startups and emphasizes the importance of understanding the customer's customer. Chris recommends several books on leadership and business, including 'Nudge' and 'Thinking Fast and Slow'. He also highlights the importance of fostering a culture of innovation and reinvention.
Keywords
medtech, innovation, lung cancer, early intervention, AI, machine learning, radiology, patient care, AI in radiology, medical imaging, lung cancer, med tech startups, leadership, business books, culture of innovation
Key Takeaways
Reveal DX is focused on early intervention for lung nodules to catch lung cancer as early as possible.
Their technology uses AI and machine learning to triage and identify high-risk nodules, helping radiologists make informed decisions.
The goal is to improve patient care by reducing unnecessary procedures and complications.
The medical imaging AI industry has faced challenges, but Reveal DX aims to provide a unique and valuable solution. The next big thing in medical imaging AI is the development of real useful applications that add value and improve patient outcomes.
Understanding the customer's customer is crucial for success in the med tech industry.
Leadership requires empathy, curiosity, and the ability to put oneself in the shoes of others.
Recommended books for business and leadership include 'Nudge', 'Thinking Fast and Slow', 'Startup Boards', 'The Hard Thing About Hard Things', and 'No Rules Rules'.
Fostering a culture of innovation and reinvention is essential to stay ahead in a rapidly changing industry.
Sound Bites
"We can take nodules that have single-digit percentage, likelihood of malignancy, and bring it to double-digit, maybe 20% likelihood."
"Our product belongs in the hands of the radiologist initially when they find the nodule."
"In these screening cohorts, we can identify 40% of the malignant nodules without an interval scan."
"If you watch Netflix, right? You know, when you finish one episode, it starts the next one."
"We're now sort of in this trough of disillusionment phase of the Gardner hype cycle."
"AI will become more and more a part of radiology, but it's certainly not going to replace radiologists anytime soon."
Connect and Engage:
Stay connected with Chris Wood and Steph Pliha to keep abreast of the latest in medical technology and leadership insights. Follow their journey and engage with them to deepen your understanding of the impact of AI in healthcare.
• 🔗 Follow Chris Wood on LinkedIn
• 🔗 Visit their website, www.reveal-dx.com
• 🔗 Connect with Steph Pliha on LinkedIn
• 🔗 Explore more episodes at Leadr. Podcast
If you found value in this discussion, don’t forget to like, subscribe, and comment on this episode. Share it with peers who are passionate about healthcare innovation, and join us again on Leadr. Podcast for more insightful conversations that inspire and inform.
This podcast is brought to you by Tribe Agency, your go-to-experts in all things branding, marketing, and consulting for MedTech startups. For more information, visit www.tribeagency.org.
57 mins