Digital Health Heavyweights
This conversational podcast brings you exclusive interviews with all the Heavyweights in Digital Health. Hosted by Norm Volsky, a top industry headhunter, whose team helped scale companies including Livongo, Hinge Health, Lyra, Virta, Progyny and many more. This series will bring listeners insights into the latest trends, technologies, and strategies driving the digital health revolution.
In each episode, Norm sits down with some of the most influential and innovative leaders in healthcare technology today from legendary founders who have built successful companies, venture capitalists who have led funding rounds, HR/Benefits leaders at forward thinking companies, Consultants and Brokers at the top benefits consulting firms, and other impactful visionaries challenging the status quo in healthcare. Listeners can learn from the industry greats who have created what we now know as health benefits, and who are changing the face of healthcare as we know it.
Whether you're a healthcare professional, a tech enthusiast, a start-up founder, benefits aficionado, jobseeker in Digital Health, or simply curious about the future of healthcare, Digital Health Heavyweights has something for you.
Digital Health Heavyweights
Episode 35: Rich Fahn, Senior VP, Corporate Benefits at NFP
In this episode of the Digital Health Heavyweights podcast, Norm Volsky interviews Rich Fahn, Senior VP at NFP, discussing the evolution of employee benefits, the impact of digital health solutions, and the importance of understanding demographics in managing healthcare costs. Rich shares his journey from starting his own brokerage to joining NFP, emphasizing the significance of culture and relationships in the industry. The conversation also touches on the challenges of innovation, the role of GLP-1s in healthcare, and the necessity of preventative care.
Takeaways
💡 Innovation in employee benefits has significantly changed over the years.
👥 Understanding demographics is crucial for managing healthcare costs.
🌐 The rise of digital health solutions has created a complex landscape.
🤝 Building trust with clients is essential in the benefits industry.
🩺 Preventative care can lead to long-term cost savings for employers.
🏢 The importance of culture in a company affects employee satisfaction.
💪 Surrounding yourself with a supportive team is invaluable.
📲 Engagement with digital health solutions is key to their success.
⏳ Employers must adapt to the aging workforce and its implications.
Chapters
01:33 Rich Fahn's Journey into Healthcare
05:36 Innovation in Employee Benefits and Cost Control
09:04 Building Excel Benefit Group
12:41 Challenges and Successes in the Benefits Industry
18:04 Impact of Digital Health Solutions
23:45 Navigating GLP-1s and Preventative Care
29:10 Joining NFP and the Importance of Culture
36:43 Strategies for Managing Aging Populations
39:31 Vendor Approaches to Brokers and Consultants
42:18 Consultant Mistakes and Client Relationships
45:14 Stress Management in High-Pressure Roles
47:32 Healthy Living and Nutrition Tips
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