45 min
The Intersection of Virtual Reality and Behavioral Health with Shan Padda and Kameron Helmuth Beyond The Ordinary
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- Investing
According to the CDC, the percentage of drug overdose deaths has quintupled since 1999. Opioids offer temporary relief from chronic or acute pain, but the drug does not address the underlying causal agent of the pain. Is there a way to heal patients without narcotics?
Shan Padda, CEO of Harvard MedTech, has been passionate about relieving patients’ pain without using opioids since he studied neurobiology as a university student. Harvard MedTech’s Vx Therapy Program heals patients using virtual reality and helps 80% of patients suffering from chronic pain safely without any risk of addiction. Shan discusses why it’s important to maximize the patient experience, how to build successful relationships with prospective business partners, and why orthopedic surgeons support virtual reality therapy as a solution to chronic pain.
Shan chats with Tommy and Kameron Helmuth, Partner at Vestia Personal Wealth Advisors, about his transformation from a 16-year-old Harvard student to a five-time business owner, Shan’s disruption of the healthcare industry, and his quest to mitigate the country’s opioid epidemic.
Key Takeaways
[03:24] - How Shan became a serial entrepreneur.
[05:27] - Shan’s Harvard acceptance and college experience.
[08:15] - What prompted Shan to start his first company.
[11:06] - How Shan disrupted the home infusion therapy industry.
[14:30] - Shan’s quest to mitigate the country’s opioid epidemic.
[18:11] - How Harvard MedTech heals patients without narcotics.
[21:38] - Neuroplasticity in the brain and pain resistance.
[24:12] - Why orthopedic surgeons love Harvard MedTech’s Vx Therapy Program.
[27:26] - The physician’s experience using Harvard MedTech.
[32:58] - Shan’s entrepreneurial philosophy.
[34:40] - The insurance payer’s experience using Harvard MedTech.
[36:44] - How insurance companies proactively promote Harvard MedTech’s Vx Therapy Program.
[39:10] - Why Kameron is excited about Harvard MedTech’s product.
[40:56] - The best way to get in touch with Harvard MedTech.
Quotes
[09:44] - “My vision has always been, ‘how do we maximize the patient experience?’ Because if you have a better patient experience, the patient will get better faster. And that’s ultimately what healthcare is supposed to be about.” ~ Shan Padda
[20:31] - “When a patient has a VR headset with the right type of programming, they don’t feel their pain because their brain has automatically deprioritized it. The level of pain relief it provides is about a 50% analgesic benefit, which is the same exact benefit you would get from taking an opioid.” ~ Shan Padda
[32:58] - “My philosophy is when one is trying to create entrepreneurial constructs, you need to create an environment that adds the most value and creates the least amount of friction for whoever you're trying to partner with.” ~ Shan Padda
Links
Shan Padda on LinkedIn
Kameron Helmuth on LinkedIn
Harvard MedTech
Vx Therapy Program
Harvard University
Center for Disease Control and Prevention
Connect with our hosts
Mammoth
Tommy on LinkedIn
Subscribe and stay in touch
Apple Podcasts
Spotify
Google Podcasts
Learn more about Mammoth Scientific's Health & Tech Fund 1
When you move beyond the point of making sure your retirement goals are on track, your investment opportunities are wider than just publicly traded funds. Step into the world of investing in venture capital by learning more about Mammoth Scientific's Health & Tech Fund 1. Curated by some of the leading medical and fintech experts, Mammoth's Fund 1 is paving the way for health science and tech innovation. If you're interested in helping patient care, provider insight, and instrumentation go beyond possibility and into reality, check it out today at Mammoth.vc. Visit Mammoth.vc today!
According to the CDC, the percentage of drug overdose deaths has quintupled since 1999. Opioids offer temporary relief from chronic or acute pain, but the drug does not address the underlying causal agent of the pain. Is there a way to heal patients without narcotics?
Shan Padda, CEO of Harvard MedTech, has been passionate about relieving patients’ pain without using opioids since he studied neurobiology as a university student. Harvard MedTech’s Vx Therapy Program heals patients using virtual reality and helps 80% of patients suffering from chronic pain safely without any risk of addiction. Shan discusses why it’s important to maximize the patient experience, how to build successful relationships with prospective business partners, and why orthopedic surgeons support virtual reality therapy as a solution to chronic pain.
Shan chats with Tommy and Kameron Helmuth, Partner at Vestia Personal Wealth Advisors, about his transformation from a 16-year-old Harvard student to a five-time business owner, Shan’s disruption of the healthcare industry, and his quest to mitigate the country’s opioid epidemic.
Key Takeaways
[03:24] - How Shan became a serial entrepreneur.
[05:27] - Shan’s Harvard acceptance and college experience.
[08:15] - What prompted Shan to start his first company.
[11:06] - How Shan disrupted the home infusion therapy industry.
[14:30] - Shan’s quest to mitigate the country’s opioid epidemic.
[18:11] - How Harvard MedTech heals patients without narcotics.
[21:38] - Neuroplasticity in the brain and pain resistance.
[24:12] - Why orthopedic surgeons love Harvard MedTech’s Vx Therapy Program.
[27:26] - The physician’s experience using Harvard MedTech.
[32:58] - Shan’s entrepreneurial philosophy.
[34:40] - The insurance payer’s experience using Harvard MedTech.
[36:44] - How insurance companies proactively promote Harvard MedTech’s Vx Therapy Program.
[39:10] - Why Kameron is excited about Harvard MedTech’s product.
[40:56] - The best way to get in touch with Harvard MedTech.
Quotes
[09:44] - “My vision has always been, ‘how do we maximize the patient experience?’ Because if you have a better patient experience, the patient will get better faster. And that’s ultimately what healthcare is supposed to be about.” ~ Shan Padda
[20:31] - “When a patient has a VR headset with the right type of programming, they don’t feel their pain because their brain has automatically deprioritized it. The level of pain relief it provides is about a 50% analgesic benefit, which is the same exact benefit you would get from taking an opioid.” ~ Shan Padda
[32:58] - “My philosophy is when one is trying to create entrepreneurial constructs, you need to create an environment that adds the most value and creates the least amount of friction for whoever you're trying to partner with.” ~ Shan Padda
Links
Shan Padda on LinkedIn
Kameron Helmuth on LinkedIn
Harvard MedTech
Vx Therapy Program
Harvard University
Center for Disease Control and Prevention
Connect with our hosts
Mammoth
Tommy on LinkedIn
Subscribe and stay in touch
Apple Podcasts
Spotify
Google Podcasts
Learn more about Mammoth Scientific's Health & Tech Fund 1
When you move beyond the point of making sure your retirement goals are on track, your investment opportunities are wider than just publicly traded funds. Step into the world of investing in venture capital by learning more about Mammoth Scientific's Health & Tech Fund 1. Curated by some of the leading medical and fintech experts, Mammoth's Fund 1 is paving the way for health science and tech innovation. If you're interested in helping patient care, provider insight, and instrumentation go beyond possibility and into reality, check it out today at Mammoth.vc. Visit Mammoth.vc today!
45 min