Also in this playlist...
This transcript is automatically generated
Cutting through the health care clutter that's the idea behind the new website called PS dot com.
Which offers health plans based on your medical history all kinds of actually help information.
So could putting information into the hands of the consumer online.
Have more of an impact on health care than a villain Washington -- -- they work together Adam Bosworth is the CEO.
Founder of -- and he joins me now get up first on Fox Business interview hi Adam thank you for being here.
Good afternoon Lou thanks for inviting me so so -- -- and a lot of Microsoft you also worked at Google and you struck out on Iran to do this -- passion do you have for.
Sort of offering important medical information online and how will -- us work.
Well I have a lot of passion for months obviously one of the biggest problems we have -- spending two and a half trillion dollars a year on health care.
Many people are suffering -- don't need to.
And we -- works is very simple matter of the best health experts the people you'd really like to -- Could give you the same kind of personalized interpretation.
How are you doing.
What things should you be worrying about and for those things what are the things you need to do.
And the same step wise companionship and not once a year or once every six months but every day or every week the best health experts to put together the advice you need.
Understand your health.
And to stay healthy that's the idea behind -- You used the word interpreting so is this the type of situation where I could hop on line to -- just got from my doctor or some lab results and he -- she is not available -- I can then get online and get this interpreted for myself and just become a little bit more knowledgeable about the situation.
Or even a lot more knowledgeable we have a great partnership with -- Quest Diagnostics which is the primary.
Place you would get your laps from.
If you walk in there they will work with -- -- and -- -- to get your data indicate yes.
And the moment you do you'll both get all of your laps interpret -- how are you doing are you good in the green you have issues in the yellow or even real trouble on the red.
And for every -- we'll show you were chart over time and we'll show you so what are the things you need to do to do better.
Okay now let me quickly say that this is not online yet you've got a beta version when does it become totally active.
Well it's totally active now -- just means we're in the process of offering it for free while we learn from our customers what we're doing well what we're not.
Did you go to -- -- -- com right now.
You can sign up and if you walk and any questions.
Lab in the country to get your blood -- you can sign up for -- is right then and there.
OK you know my dad was the surgeon and used to say to me when I Coleman said I had sort of have a sore throat not as bad headache can you say Liz I hate diagnosing.
Over the telephone.
How reliable -- the information when you're plugging things in on line.
-- -- And -- -- about sort of helping you walk through the standard stuff you should know when you're not the doctor's office of the kids care planned attacks that there's a judgment or diagnosis required.
You'll just tell -- to -- -- dark there.
And explain why -- not a good time is here doctor.
Do you do you think that this would work as as part of the health care the universal health care puzzle and do you believe in president Obama's plan do you think it's guided properly.
Well I think universal health care is only got one we heard -- how to reduce costs and rolling and reduce costs of people start to understand better.
How to take charge of their help them manage their health.
And they're only gonna do that if they get the information they need both understand are they healthy or not.
And then if they have that aha moment where they realize there really are some things they need to do better so they don't end up with a stroke or heart disease or type two diabetes.
Then they do the things they need to do so I think that we're going to insure everybody we have to also help everyone learn how to better manage their health and take responsibility.
And that's what -- -- is here -- there.
Well you've got some venture capital money and here you've got the mission partners in the Apple's ventures guys -- some -- here.
How much more do you need you always take more watch duke.
I'm you know I only take money when -- -- right now we're very well funded and really -- -- learning -- for the next few months we're here to learn from our customers do the best job possible.
Every two weeks we improve the -- kids and every two weeks we expect to be rolling out stuff based on what we're hearing.
From our customers and having more marquis -- care plans for more more great experts and only -- we've done that I think -- we look at okay.
What are the funding requirements and how much of the money has already gonna come around.
Really quickly as we finish up why the -- -- yes what's the significance of that.
I'll when I was running and starting Google health every health company in America came to me and they all have the same names health -- diagnosis you camera -- -- yeah.
And I learned a long time ago it's better to give a company -- comic -- -- is this astonishing beautiful parent that lives in the snow colonial -- combination of of tropical bird.
In snow and pine trees.
And I learned it's better -- apple showed us with a computer have a clear -- that people can remember.
And a name that just -- and every other health company we're watching you thank you very much -- for coming out first on Fox Business.
Thank you so much for inviting me.
Of course Adam Bosworth is the key -- CEO who knew there was apparent that lived in the snow.
We have about closing bell -- he ends at.
Filter by section