Seven years ago, I was honored to join the board of The Ronald McDonald House at Stanford. I had a front row seat to the incredible impact of pediatric hospitals, but I also noticed opportunities to improve patient outcomes. For example, despite the amazing care that health systems, doctors and nurses provide, it isn’t always easy to monitor and support pediatric patients who require continuous care due to chronic health conditions. In the US alone, there are an estimated 19 million children who need continuous care and the number of children affected by these conditions – especially diabetes – has risen by 12% since 2007. The associated costs of care for these conditions already totals $340B in annual spend.
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Introducing our first investment
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Seven years ago, I was honored to join the board of The Ronald McDonald House at Stanford. I had a front row seat to the incredible impact of pediatric hospitals, but I also noticed opportunities to improve patient outcomes. For example, despite the amazing care that health systems, doctors and nurses provide, it isn’t always easy to monitor and support pediatric patients who require continuous care due to chronic health conditions. In the US alone, there are an estimated 19 million children who need continuous care and the number of children affected by these conditions – especially diabetes – has risen by 12% since 2007. The associated costs of care for these conditions already totals $340B in annual spend.