In the eighth episode of Closing Time, founder Peter Park pitches his company, Alchemy. Co-founders Peter Park and Susie Crowe have spent the better part of their careers on health access for vulnerable populations, from communities in Appalachia to Kenya, and complex conditions for patients relying on LTSS waivers to patient assistance programs to access life-saving medications. Alchemy builds and operates in-house pharmacies for safety net providers. And then they go deeper. They enable safety net clinics to rapidly deploy and manage a best-in-class pharmacy for their populations, and extends impact beyond the four walls of the health center through patient-centered technology and clinical pharmacy interventions.
Guest investor Elana Berkowitz, Managing Partner at Springbank, and co-hosts Michael Esquivel and Halle Tecco, dive deep into gross margins for a tech-enabled services business vs. software company, the risks of building a business dependent on a federal program (340B Drug Pricing Program) and being in the “do things that don’t scale” phase.
Co-hosted by Halle Tecco and Michael Esquivel, Closing Time is a podcast where you, the listener, get to be a fly on the wall during a startup pitch meeting. Imagine being part of a room where passionate entrepreneurs are pitching their healthcare startups, the innovations that could very well shape the future of healthcare. This podcast allows you to do just that.