Redpoint

On this week’s Vital Signs, Nikhil Krishnan and I sat down with Bryony Winn, President at Carelon Health. Carelon Health is the diversified services business within Elevance Health, serving 1 in 3 Americans through advanced primary care, behavioral health, specialty enablement, and whole health solutions. We discuss what's top of mind for payers today, making value-based care work, creating effective provider partnerships, and more. Some highlights: ⚡ What startups stand out to her Bryony outlines 4 things that she pays attention to with startups: 1) Founders with clinical/scientific expertise who are using that to drive results. 2) Solutions that can practically plug in to existing operations. 3) Founders who are honest about their competitors. 4) Founders who show humility and understand there’s a lot to learn from the payers they partner with. ⚡ Succeeding in Value Based Care Bryony is a firm believer that downside risk is crucial to VBC. Elevance’s approach to VBC has 3 components: contract, collaborate, and connect. Beyond the details around attribution and benchmarks, they think a lot about better sharing of lessons learned on best practices as well as connecting the dots on trends that are out of providers’ control. Lastly, Bryony emphasizes that focus yields results – players for whom VBC is only a small part of their business won’t appropriately focus on it. ⚡ What’s happening with commercial payers Bryony makes 5 key points: 1) It’s a shame that employers have had to become experts on healthcare. 2) The day of point solutions is now over, and integration is the new name of the game. 3) Employers are excited about value-based care, but they don’t want to be responsible for the specific details of it. 4) Employers work to support their employee base, so many of their worries are fundamentally human worries, such as mental health, caring for aging parents, and caring for young children. 5) While much innovation has been driven by commercial in the past, there’s currently a pivot where more innovation is starting in Medicaid and expanding from there. ⚡ Payor focus areas and provider collaboration Bryony explains how payers want to be both better business and clinical partners to providers. She highlights how bi-directional data sharing with providers results in greater alignment in care decisions and thus fewer denials and overturns. On the clinical side, payers have a more longitudinal and broader view of patients’ social needs as a result of their large datasets, which should complement the proximal view of patients that individual clinicians have. Lots of great learnings from the payer perspective in this one! Listen to our full episode below: Spotify: https://spoti.fi/4gT4oN7 Apple: https://apple.co/3YgcpnV

On this week’s Vital Signs, Nikhil Krishnan and I sat down with Bryony Winn, President at Carelon Health. Carelon Health is the diversified services business within Elevance Health, serving 1 in 3 Americans through advanced primary care, behavioral health, specialty enablement, and whole health solutions. We discuss what's top of mind for payers today, making value-based care work, creating effective provider partnerships, and more. Some highlights: ⚡ What startups stand out to her Bryony outlines 4 things that she pays attention to with startups: 1) Founders with clinical/scientific expertise who are using that to drive results. 2) Solutions that can practically plug in to existing operations. 3) Founders who are honest about their competitors. 4) Founders who show humility and understand there’s a lot to learn from the payers they partner with. ⚡ Succeeding in Value Based Care Bryony is a firm believer that downside risk is crucial to VBC. Elevance’s approach to VBC has 3 components: contract, collaborate, and connect. Beyond the details around attribution and benchmarks, they think a lot about better sharing of lessons learned on best practices as well as connecting the dots on trends that are out of providers’ control. Lastly, Bryony emphasizes that focus yields results – players for whom VBC is only a small part of their business won’t appropriately focus on it. ⚡ What’s happening with commercial payers Bryony makes 5 key points: 1) It’s a shame that employers have had to become experts on healthcare. 2) The day of point solutions is now over, and integration is the new name of the game. 3) Employers are excited about value-based care, but they don’t want to be responsible for the specific details of it. 4) Employers work to support their employee base, so many of their worries are fundamentally human worries, such as mental health, caring for aging parents, and caring for young children. 5) While much innovation has been driven by commercial in the past, there’s currently a pivot where more innovation is starting in Medicaid and expanding from there. ⚡ Payor focus areas and provider collaboration Bryony explains how payers want to be both better business and clinical partners to providers. She highlights how bi-directional data sharing with providers results in greater alignment in care decisions and thus fewer denials and overturns. On the clinical side, payers have a more longitudinal and broader view of patients’ social needs as a result of their large datasets, which should complement the proximal view of patients that individual clinicians have. Lots of great learnings from the payer perspective in this one! Listen to our full episode below: Spotify: https://spoti.fi/4gT4oN7 Apple: https://apple.co/3YgcpnV

A fascinating take from Stanford Professor Percy Liang on how using AI to create a digital twin of society can enable us to predict policy and run other social experiments.

Excited to see Comun featured in Business Insider’s list of the most promising fintech startups 💸 As Andres Santos and Abiel Gutierrez continue to expand Latinos' financial foundations in the US, Redpoint investors Meera Clark and Annie Kadavy could not be more thrilled to support them in this audacious mission 💪🏽 And PS -- they're hiring 😉 https://lnkd.in/gWQaPpvK

In our latest Unsupervised Learning, Patrick Chase and I talked with Percy Liang, Stanford professor and co-founder of Together AI. Percy is driving some of the most critical advances in AI research. We explored o1 and the evolution of AI to autonomous agents capable of long-term problem solving, why interpretability is hard, and the future of AI safety in complex, real-world systems. Here are some of my favorite parts of our chat: 🎮 Building "The Sims" of AI Percy discussed creating a digital twin of our world (with two of his students) where AI agents interact with each other autonomously, mimicking social dynamics. “It’s like building a digital society—agents can announce they’re running for mayor or spread information through conversations, much like real-world social interactions.” This allows for fascinating possibilities, studying everything from social behavior to policy experiments. For example, researchers could implement a Covid-style masking policy in order to learn how the virtual society and its “residents” would adapt. ⚖️ Regulate AI -- Downstream Percy says we need a balanced, proactive approach to AI regulation, emphasizing transparency and disclosure over heavy-handed restrictions. “We need regulation that helps us understand the risks and benefits, but focusing too much on upstream control could be ineffective or overly blunt. Instead, we should empower downstream decision-makers with clearer insights, like providing 'nutrition labels' for AI models.” This kind of regulation would allow for more informed and adaptable oversight. 📊 How to Evolve Evals Percy thinks traditional AI benchmarks are becoming insufficient. “As models claim they can do anything, we need evaluations that reflect their real-world capabilities, including how they handle diverse, open-ended tasks.” He pointed to innovative methods, such as using language models themselves to generate new test scenarios, as key to tracking progress and ensuring AI models are both accurate and reliable in increasingly complex environments. 🔍 Interperability Needs a Solve As AI models grow more complex, interperability becomes increasingly difficult yet critical, especially in regulated industries. “We’re moving further away from understanding why a model makes certain decisions,” Percy says, “especially without access to the model’s weights or training data.” It was a ton of fun hearing from one of AI’s leading thinkers and I hope you'll enjoy listening to our conversation:   YouTube: https://lnkd.in/gANgXC8K Spotify: https://spoti.fi/3zyvSa1 Apple: https://apple.co/3zMboKS

Thank you Nasdaq for featuring us on your Times Square billboard today! To succeed in building the future, we must not only succeed at moving the technology forward, we must create a company with a powerful enough economic engine to fund the endeavor. We so appreciate all the support received throughout the day from our investors, early customers, and the whole community. Thank you Nasdaq and Redpoint for highlighting this milestone 🎉

Huge congrats to poolside on their $500M Series B to build the world’s most capable AI for software development. Thrilled to be part of the journey with Jason Warner, Eiso Kant, and the poolside team! https://lnkd.in/e8GDKBw5

OpenAI announced the Realtime API today. While access rolls out to all devs, try the API using our key: https://lnkd.in/gj7zDKNV

Atli Thorkelsson, Head of Talent at Redpoint Ventures, weighs in on the latest hiring trends with BI https://lnkd.in/gAqMtVFq

Big congrats to the 9count team for acquiring Lex! A huge win for both teams - excited to see how this expands communities and empowers LGBTQ+ social spaces online. https://lnkd.in/gu4eRUtY