22: Insights from a Serial Entrepreneur, with Derek Streat, Founder, CEO, and Chairman, DexCare
Meet Derek Streat:
Derek Streat is the CEO of DexCare. He is also the current co-founder and Chairman of the Board at Improving Renal Outcomes Collaborative. Previously, he was the co-founder, CEO, and chairman of the Board at C-SATS, Medify, and AdReady. He was also involved in the early founding of Classmates. He received a Bachelor’s degree in Finance and Information Management Systems from the University of Iowa.
Derek Streat is a technology entrepreneur on his sixth venture-backed start up.
- Advise for Entrepreneurs. To be a successful healthcare entrepreneur, you need to check yourself at the door and leverage the help of experts. The statistical chance of you being 100% right is low, you need the help of others. (5:37)
- Innovation Challenges Unique to Healthcare. Health systems requires founders to walk a fine line. You can’t promise too much and fail on delivery, but if you lack a far-reaching vision that aligns with the health system, you won’t land the partnership in the first place. (18:49)
- Let Vision Drive You. Never lose sight of the opportunity to do something that really matters. There will always be roadblocks, healthcare is uniquely challenging for entrepreneurs, but once you get over the hump you will have done what most other people don’t have the fortitude to do. (23:50)
This episode is hosted by Aaron Martin. He is a member of the Advisory Council for Day Zero and is the Executive Vice President and Chief Digital Officer for Providence, and Managing General Partner of PV.