Generational Health
You could almost read the title wrong. We know the term generational wealth, but what about generational health? Since I’m not a clinician, the health I reference is not clinical health itself, but the management of health - medical records.
My wife and I are Gen X, but more specifically we’re Xennials. We bridge the gap between the analog and digital worlds, with 1980s childhoods leading to digital adulthood. Trained in both static and dynamic IPs, typewriters and computers ranging from Commodore to Apple to Chromebook to PCs, we help the old make sense of the young, and the young understand that phones used to have cords and yelling “Pick me up at Johnny’s!” when calling collect was a thing.
It’s easier to explain the past to my kids than the present or future to my parents. One of my motivations for my last company was failure. I failed to teach my parents about Medicare and the respective supplement and advantage options. So, I had to build a company that changed healthcare to make it easier for them, and others like them. It worked. WaveHDC was a solution to a problem the industry didn’t know could be solved, it was a new category of tooling. Denial prevention, billing triage - whatever you want to call it - it fixed the COB issues that plague the industry.
One problem at a time, because it turns out, that wasn’t enough. Coordination of care for both parents with various health conditions has become a full time job - their full time jobs. This is my industry; I should be able to help, but their physicians span across four different EHRs on a slow day, and with my parents in the middle, they are not using portals. They use fax.
Here I am, a Xennial entrepreneur, apparently just responding to my calling. I’m leading a company that bridges the gaps between facsimile, email, phone calls, paper and portals. How could this be? EHRs are meaningfully useless to my lost parents, so my team will create a solution that every CEO, CFO and CISO can get behind. It’ll have financial benefit, increase patient satisfaction and be in the complete control of the organization. How is this possible if it’s an AI-based tool? Because AI doesn’t have to live in the cloud, we are going to put it right in the provider’s network, so it’s just there, doing it’s job silently in the background. Hence, Stealth-6.
This isn’t exciting, it’s not sexy; I don’t know that it’ll ever earn a press release. That’s ok, because every provider should have it anyway. It’s a utility tied to ROI (Request of Information), and it’s an important and dangerous little process that receives very little attention, until it’s too late. You want to secure patient records, comply with regulations and prevent obscure denials because payers request the same information over and over again, almost like a DOS (denial of service) attack? Steal-6 has your back.
My parents will keep faxing, and I intend to keep them alive for some time. They will burden their doctors, but since I can’t seem to help my parents too easily, I’m going to help the doctors help my parents. Stealth-6’s Wingman will triage all that’s required for the ROIs, and everyone else’s parents, doctors, attorneys, police departments, etc. who are straining your medical records teams - we’re here to help them too.
My wife and I appreciate the text reminders, portals with all the information we are looking for, but we know how to navigate. GenX will continue to fax, almost like sonar just looking for a response. That response might be a single page, it might be 300, but now, you don’t have to worry about non-compliance for turnaround time, Stealth-6 has your back. – Jordan Levitt, Stealth-6 investor