Walk the Valley

Katalin Vikuk

The podcast that breaks barriers to healthcare innovation

  1. Sep 23

    EHR Integration: A Technical Challenge or a People Problem?

    Today, almost anyone can build a health app. Getting that app to communicate with the systems healthcare already uses is another matter entirely. In this episode, Katalin Vikuk speaks with Helena Holma, medical doctor, CEO and co-founder of Leyr, about the fragmented world of electronic health records and the hidden obstacles facing HealthTech companies trying to integrate with them. Helena explains why interoperability is not merely a technical challenge, why gatekeeping can be harder to overcome than the technology itself, and why Leyr is building a single integration layer connecting HealthTech products with multiple EHR systems. They also discuss the difficult journey from a PowerPoint presentation to a live customer, the importance of recognising which customers are genuinely committed, the dangers of providing unpaid consultancy, and why understanding healthcare’s financial incentives often comes down to one simple principle: follow the money. About Helena Holma Helena Holma is a medical doctor, specialist in internal medicine, and CEO and co-founder of Leyr. After working clinically for ten years at a large emergency hospital in Stockholm, she moved into HealthTech and experienced first-hand how difficult it was to connect new digital products with electronic health records. Leyr provides a unified API that allows HealthTech companies to connect their products with multiple EHRs, EMRs and patient-journal systems without building and maintaining every integration separately. Chapters 00:00 From medical doctor to HealthTech founder 02:11 Discovering the hidden complexity of healthcare 03:50 Who pays for EHR integration? 05:42 Leyr’s customers and use cases 06:51 Anyone can build a health app—but can it enter healthcare? 07:27 The fragmented EHR landscape 08:26 Building one API for multiple EHR systems 10:30 Leyr’s two-sided market challenge 11:45 Operating across Nordic healthcare markets 12:27 The European Health Data Space 13:19 From PowerPoint to the first live customer 14:37 Why integration is not merely a technical problem 16:25 Knowing when to cut your losses 16:54 Antler, bootstrapping and the need for funding 18:37 The shortage of soft funding for Swedish HealthTech 20:11 The most important number Helena tracks 20:40 Decisions that slowed Leyr down 21:21 The danger of unpaid consultancy 22:07 The founder mindset: trying one more time 23:19 The interoperability blind spot nobody discusses 24:25 Fundraising and Leyr’s global opportunity 25:43 Founder advice and following the money Resources mentioned Leyr: https://leyr.io/ Connect with Helena Holma: https://www.linkedin.com/in/helenaholma/ Antler: https://www.antler.co/ General Data Protection Regulation — official text: https://eur-lex.europa.eu/eli/reg/2016/679/oj/eng European Health Data Space — European Commission overview: https://health.ec.europa.eu/ehealth-digital-health-and-care/european-health-data-space-regulation-ehds_en About Walk the Valley Walk the Valley explores what happens between promising healthcare innovation and real-world adoption. Through candid conversations with founders, investors, experts and operators, we examine the regulatory, clinical and commercial obstacles that determine which innovations reach patients. Subscribe for more conversations from inside healthcare’s valley of death. Host: Katalin Vikuk Guest: Helena Holma Produced by: Walk the Valley Walk the Valley is a PsychWiser project. This conversation is intended for general information and reflects the speakers’ experiences and understanding at the time of recording. It does not constitute legal, regulatory or investment advice.

    EHR Integration: A Technical Challenge or a People Problem?
  2. Sep 10

    AI Act: Constraint or Competitive Advantage?

    What does it take to build a medical AI product when the technology is advancing faster than the regulatory framework around it? Katalin Vikuk speaks with Anette Wolff, QA/RA Manager at Medviso, about how the EU AI Act interacts with the MDR, the difference between closed and continuously learning algorithms, and why validation, documentation and regulatory maturity increasingly affect investment, procurement and hospital adoption. They also examine whether regulation disproportionately favours larger companies—and whether compliance can become a competitive advantage. AI Act: Constraint or Competitive Advantage? What does it take to build a medical AI product when the technology is advancing faster than the regulatory framework around it?In this episode, Katalin Vikuk speaks with Anette Wolff, QA/RA Manager at Medviso, about what the EU AI Act means in practice for medical-device companies. They explore the interaction between the AI Act and the Medical Device Regulation, the regulatory difference between closed and continuously learning algorithms, and why validation, data traceability, cybersecurity and documentation are becoming commercially important—not just compliance exercises. Anette explains why regulatory uncertainty affects startups differently from large incumbents, why clinicians may not be the main barrier to hospital adoption, and why involving regulatory expertise early can become a competitive advantage. About Anette Wolff Anette Wolff is QA/RA Manager at Medviso, a Swedish medical-technology company developing software for quantitative MR and CT image analysis and advanced medical 3D modelling. Her work spans regulatory strategy, quality management and compliance for AI-enabled medical-device software across international markets. Resources mentioned Medviso: https://medviso.com/ Connect with Anette Wolff: https://www.linkedin.com/in/anette-wolff-1843a94/ EU Artificial Intelligence Act — official text: https://eur-lex.europa.eu/eli/reg/2024/1689/oj EU Medical Device Regulation — official text: https://eur-lex.europa.eu/eli/reg/2017/745/oj ISO/IEC 42001 — AI management systems:https: //www.iso.org/standard/81230.html Reuters investigation mentioned in the episode: https://www.reuters.com/investigations/ai-enters-operating-room-reports-arise-botched-surgeries-misidentified-body-2026-02-09/ About Walk the Valley Walk the Valley explores what happens between promising healthcare innovation and real-world adoption. Through candid conversations with founders, investors, experts and operators, we examine the regulatory, clinical and commercial obstacles that determine which innovations reach patients. Subscribe for more conversations from inside healthcare’s valley of death. Host: Katalin Vikuk Guest: Anette Wolff Produced by: Walk the Valley This conversation was recorded in June 2026 and reflects the regulatory landscape and the speakers’ understanding at that time. It is intended for general information and does not constitute legal or regulatory advice.

    AI Act: Constraint or Competitive Advantage?
  3. 12/22/2025

    Martin Broch Pedersen and Nicolas Bouchet Health Thech Hub Copenhagen

    In this episode of Walk the Valley, we do something a little different. A round-table discussion with two guests who approach healthcare innovation from distinct but connected perspectives.We’re joined by Martin Broch Pedersen, Business Development Director at Health Tech Hub Copenhagen, who works closely with early-stage healthtech startups on regulation, reimbursement, and commercialisation through programmes like Health Tech Pathways. Martin focuses on building the support structures that help founders learn faster, adapt earlier, and survive the valley of death.We’re also joined by Nicolas Bouchet, Investment Manager at Health Tech Hub Copenhagen, who brings the investor lens. Nicolas explores how startups can turn attention into actual investment, what makes a company investable, and why strong business models matter more than visibility alone.Together, we unpack what it really takes to move from innovation to investment:* Why saving money long-term often means investing earlier* Why building product and market in parallel beats waiting for a “finished” product* What builds investor credibility, and why fitting into existing budget streams matters* Why knowing what you don’t know is one of a founder’s strongest assetsThis episode is for founders who want to understand the system they’re building in, and how working with it can be more powerful than trying to disrupt it. Links: https://healthtechhub.org/ http://healthtechhub.org/investor-survey-2025/

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The podcast that breaks barriers to healthcare innovation