Jim Tananbaum and the Need for Innovation in Healthcare

Jim Tananbaum has spent years working in the healthcare market, giving him insight into the business, culture, and an understanding of what does and doesn’t work. Through his firm Foresite Capital, Tananbaum has worked diligently to locate and nurture talent in the healthcare industry, making sure their businesses have a chance to compete in a competitive market and helping them meet their mission of providing quality options to patients in need.

With a background in investing, Jim Tananbaum comes to the healthcare world with a distinct perspective. As one of the founders behind GelTex Pharmaceuticals, Tananbaum focused on finding clients in need of medication. His business savvy in this market eventually led to a sale of the company for $1.6 billion. Having been tested in the business end of healthcare, Tananbaum went on to found Prospect Venture Partners, where he met with fledgling businesses in need of guidance and funding in order to succeed.

For Tananbaum, investing in healthcare ventures puts the onus on the investor to seek out talent. Many in the healthcare industry find it difficult to convey their business platform due to the scientific jargon that goes into making their healthcare product work, making it difficult to understand their business ambitions. Understanding this, Tananbaum works to remain abreast of advancements in medical research and can communicate with those working in their industry in a way that allows them to speak plainly.

While Tananbaum may know what to look for, he admits that it’s not always easy to find good investment opportunities in the field. According to Medium, investors rarely understand the development time needed for healthcare products, which makes questions about profitability difficult to analyze. This leaves many investors disinterested in the industry, so Tananbaum encourages those in the medical field to consider entrepreneurship. By turning to business, those with the knowledge of the field can have a better chance of getting medical advancements into production. And with so few medical experts willing to approach investors first, those who are enterprising have the opportunity to make their case before the competition.

About Jim Tananbaum:

Jim Tananbaum is an American investor and healthcare expert. Having graduated from the Massachusetts Institute of Technology and Harvard, Tananbaum went on to co-found GelTex Pharmaceuticals, a successful biomedical company that was sold off for $1.6 billion.

Tananbaum has spent time as an investor and founded his own venture capital firm, Foresite Capital. Here, Tananbaum seeks out talent in the healthcare field and invests those businesses with the most promise of success.

Read More: https://ideamensch.com/jim-tananbaum/

Health Nutritional Supplements With IDLife

IDLife is a well known company that sells organic nutritional supplements for both nutritional and weight management purposes achieving fitness goals for their clients. IDLife abbreviations stand for individually designed life. Logan Stout is the founder of IDLife and started it in 2004 with its headquarters in Frisco, Texas. IDLife gathers personal information based on prescription medications, eating, drinking behavior, hereditary and medical history of an individual.

After the company has collected the necessary information, an assessment is conducted. The assessment is supported by over 7,500 third party peer reviewed clinical surveys allowing the experts to choose the appropriate program to solve the client’s need.

IDLife products are scientifically supported, and FDA approved. All consumable products from the company are made with the highest rated ingredients in the market. Some of the top ten IDLife products include:
• ID Life meal replacement shake
• ID nutrition vitamin for general wellness
• Appetite chews
• ID Lifesleep strips
• ID energy drinks & chews
• ID hydrate for Pre & Post Workout
• ID lean for pre& post Workout

IDLife has grown partnering with prominent business owners such as Jen Widerstorm Troy Aikman among others to enhance their business. Their recent partnership was with Garmin Fitness Company which benefits clients as they can follow up using the IDwellness mobile app. IDLife products are rated high above industry standard, clinically researched, and they are based on the customer’s nutritional profile.

IDLife is a company that changes the way people think about their health. Despite different nutritionists, doctors, and scientists working on the ID Nutrition for more than 17 years, IDLife has only been working for two years, and it is successful in the nutrition industry. With its different approach in the health and wellness sector, IDLife has earned very many clients from Texas and also from other states.

Instead of buying expensive detrimental supplements, IDLife provides affordable, safe supplements. Many people have become health conscious and are using IDLife products which have significantly benefited them. IDLife is determined to offer highest quality nutrition products and programs to help the society have a healthy life.

InnovaCare Health Provides Quality Healthcare

InnovaCare Health is a provider for managed healthcare services in Northern America. Access to quality healthcare is provided by InnovaCare through two avenues: Medicare Advantage and Medicaid Programs as well as Provider Networks. InnovaCare Health continues to create models that are not only sustainable but also cost-effect and even integrated with technology that is advanced.

InnovaCare Health’s mission is to redefine healthcare management to be able to meet today’s environment of complex healthcare. They are focused on a patient-provider relationship. At InnovaCare, patients always come first and it is believed that when a strong patient-provider relationship is formed, this will lead to a healthier outcome and a better life quality. The end goal of all that is done at InnovaCare Health is quality care which helps to drive the innovative medical practices and the innovative networks. Contact details available at Manta.com

Richard Shinto is the CEO as well as the President of InnovaCare Health. Until 2012, when he joined InnovaCare, he was the CEO and the President of Aveta Inc. and before he got promoted, he was a member of their management team. He currently serves InnovaCare Health in Puerto Rico. Dr. Shinto has been working in managed care in clinical and operational healthcare settings for over twenty years. Before he became the CEO of Aveta, Dr. Shinto was the Chief Medical Officer of a company known as NAMM California and prior to this he was the Chief Operating Officer as well as the Chief Medical Officer for the Medical Pathways Management Company. Between 1996 and 1997, Richard Shinto was the Corporate Vice President for MedPartners in the Medical Management department. Once he left this position, he joined Cal Optima Health Plan in California as their Chief Medical Officer.

Dr. Shinto started his medical career as an internist and a pulmonologist. He started out practicing medicine in Souther California. Dr. Shinto is also the author of many different articles that focus on healthcare and clinical medicine. His past experience as well as his current experience in medicine has helped him be able to write these articles. Richard Shinto attended the University of California at Irvine. It was here where he received his Bachelors of Science. He then went on to receive his medical degree in New York from the State University of New York at Stony Brook. He also attended the University of Redlands where he received his Masters of Business Administration. Dr. Shinto’s past education experience greatly reflects through his career.

View the company profile at LinkedIn