Modern healthcare systems face increasing pressure to deliver exceptional patient experiences while managing operational efficiency. Traditional feedback mechanisms, such as post-visit surveys, often fail to capture real-time concerns and actionable insights. This gap has led to the exploration of innovative solutions that prioritize immediacy and simplicity, enabling healthcare providers to respond to patient needs as they arise rather than after the fact.
On today’s episode of In Network's Designing for Health podcast, Nordic Chief Medical Officer Craig Joseph, MD, talks with Steve Peltzman, CEO at FeedbackNow and Tim Woodward, Associate Vice President EVS at Montefiore Health System. They discuss the passion driving efforts to transform healthcare delivery and explore why conventional feedback methods fall short in capturing timely and accurate patient experiences. They also discuss immediate feedback mechanisms to improve responsiveness and patient care and how firsthand patient experiences inspired the adoption of real-time feedback tools in hospital settings.
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Want to learn more from Dr. Joseph? Order a copy of his book, Designing for Health.
Show Notes:
[00:00] Intros
[01:08] The limitations of traditional surveys
[02:16] Real-time feedback
[03:56] From patient experience to operational strategy
[09:00] Simplifying tech
[15:20] Making feedback systems accessible
[21:05] Data, AI, and the future of patient experience
[27:13] Steve and Tim’s favorite well-designed things
[29:54] Outros
Transcript:
Dr. Craig Joseph: Steve and Tim, welcome to the podcast. Hey Tim, why don't we start with you? Why don't you give us a little bit of a background of where you are now and how you got to this place?
Tim Woodward: Sure. So, my name is Tim Woodward, the AVP for the EVS department at the Montefiore Health System in the Bronx. And I've been in health care for over 35 years, and I've been working in the tri-state area since. I love health care. I want to transform health care. And that's my goal right now.
Dr. Craig Joseph: Sounds like you're well on your way. And also, after talking to you for a little bit, I'm not questioning your New York background. It seems self-evident to me. I was thinking maybe South Florida, but no, definitely, definitely in New York. Steve, why don't you tell us a little bit about yourself?
Steve Petlzman: My name is Steve Peltzman, and I am the CEO of FeedbackNow. We're a company that started out as a startup, got acquired, and spun out. What we do is put sensors in physical places such as hospitals, gather data, and then figure out how to operationalize them in real time. And we're in hospitals, airports, convenience stores, things like that.
Dr. Craig Joseph: So traditionally, if we wanted to know how services were going, we would do a survey, right? And there are some limitations there. And so, you know, tell us a little bit more about; you know what some of those limitations are. And how you think that you're moving beyond those.
Steve Petlzman: Yeah, sure. So, surveys are like you said, they're everywhere. You can't escape them. They are great at figuring out context from somebody, you know, 35, between 30- and 40-year-old male who just took a flight on Delta and had this experience and check, tick, tick, tick. And they're how companies operate today. Most companies look at that, you know, they get together every month or whatever, weekday, knows what it is. Go, oh, wow. Examine this and we figure out that we're all good at that and that we need to improve. Nothing wrong with that approach in and of itself, but its big limitation is that a people are very tired of surveys. They don't want to take them. Maybe they take them out of rage or, you know, because they had a bad experience or whatever, or they're incentivized to take them, in which case maybe you're not getting their best answers. But they also happen way after the fact. So after I've taken the flight, after I've stayed at the hotel, after I've left the hospital, they don't help me,
you know, when I'm in the hospital, when I'm in the hotel, when I'm on the plane, they don't help me in the moment. The other issue is that it's a summation of your whole experience.
So, if you say I had a bad experience, we don't know if it was on this day, at this time, at this exact place. It's just a summation, and I could keep going. There're all sorts of other limitations, like memory. People forget that they know that they had a bad experience. But since it's bad, everything and everything about that experience seems bad. So, these their memories are selective. And they also just forget what their frustrations were. Exactly. So it's not super accurate in that sense, but I think the one that is most relevant, you know, certainly this conversation, but the one that's most helpful to me is that it doesn't help people in the moment when there's an opportunity to help people in the moment.
Dr. Craig Joseph: Those are all pretty good points. I know that I often fill out surveys when I had a particularly good or bad experience, if it's kind of just average and ho hum and wasn't really memorable, I generally don't fill out that survey just if I if I had a really great experience, which I think a lot of people don't even do that, they just do it for really bad or really bad experiences. So, you find out all the negatives, but you don't find out the positives. Well, Tim, you told us you're a health care guy. I was getting kind of feedback in the moment. Running a hospital. How does that work for you? How did you get involved in using these kinds of tools?
Tim Woodward: Well, sure. I mean, I was a hospital patient at one time, and being a hospital patient, I was undercurrent comparable. And I realized how lonely and there wasn't a lot of assistance when I was lying there in a hospital bed and that nurse was so busy giving out meds and everything else that she had to do that. I said, there's got to be a better way. And one day a manager came to me and said, hey boss, I found something at the airport and I saw this. And so, we said, wow, this is a great idea. Let's call them. And we actually did it. And next thing you know, we're putting this into a hospital setting. And we said, this is great because exactly what to echo what Steve just said about feedback. Now we need the good with the bad right now at this moment. And we need to know how we can make it better when we have thousands of people walking through our door on a daily basis.
So, we decided to call Steve and partners with FeedbackNow, and we have them throughout the hospital here at the mouth of your health care system, in restrooms. We have them in the patient rooms and also now the nursing stations because it works both ways. It works with patients, and it works with our staff. And so, we want to make sure that we take that, that some of that work away from a nurse or a doctor on a daily basis, which is about 35% of their work is non-medical work. And so, we want to make sure that we pull back and say, how can we help them? And the patients now hit the buttons all the time, and they love it. So, it's on demand. A lot of times when nursing is rounding, they make say nothing happened, no comment. But after that fact, a patient might have a thought and it's too late because the
nursing leaders are no longer there. So now this button is in the room. And anytime, 24 hours a day, seven days a week. We are here for that patient.
Dr. Craig Joseph: So, I'm a patient and one of the many, many, many Montefiore Hospital rooms. And there's a button for me to call the nurse, but there's also a button for me to give feedback about something. Is that how that works?
Tim Woodward: Yes. And there's three buttons, one for housekeeping, two for food, and three for the engineering department. But one person will respond. And so we have an idea of what we're coming for, whether it's cleaning, whether it's food, or whether it's a light that's out or a temperature problem, whatever that may actually be.
Dr. Craig Joseph: And so, this is how you're decreasing the stress and workload on the nurses, because in the past, for all of my needs, there was only one button. And it's generally called the nurse call button. They generally went to the nursing station. Maybe a nurse answered it, maybe a unit clerk answered it. Someone answered it, and they had to figure out, you know, if you're having a medical emergency or did you not get your tray, or somewhere in between. So, you're kind of taking out a big chunk of those calls. And so, someone from your team, a non-clinical person, is going to respond. How do you have the throughput to be able to respond in a timely fashion like that?
Tim Woodward: Sure. So once the patient hits the button, it goes to the phone into a text message and tells us the room number and where, and we respond within about 10 to 15 minutes tops. And we go up to that room, see what they actually need, and see if we can handle it. And most of the times we actually can. And it's simple. It's a restroom, clean food, a coffee, maybe they got tea and they wanted a coffee, or they need creamer, whatever that may be. And so now we are able to provide further assistance to the medical teams.
Dr. Craig Joseph: Okay. And I think you mentioned earlier, when we're preparing for this interview. You had mentioned that your folks were a little antsy at the beginning, and that they were going to be doing a lot more. You know, on what they maybe didn't have signed up for all of this kind of patient care or interactions. And they were a little concerned, but it turned out that they loved it.
Tim Woodward: Absolutely. And, you know, health care. So, for so many years teams have worked in silos. And we broke down the barriers. We are an organization. It's not support services versus the nursing staff. We're all one hospital. And that's what we had to engage our staff and let them know that we are here for the cause of the patient and the nurses and one another. You know.
Dr. Craig Joseph: This is a technology that needs to go into a hospital. And so, I presume that there's 8500 engineers that go in there. And tear walls apart. I'm setting you up because I think it's not that involved. So, explain to us how does this work? What kind of wire? I mean, anything that you do that's technology related to a health care environment, it's really complicated. And it sounds like you've simplified it to a big extent.
Steve Petlzman: You know, where we deploy are generally places where there's a lot of people and a lot of things going on. Maybe it's transactions, maybe it's presses of the button or whatever. And it's, and it's usually places where there's a lot of infrastructure already there and the cybersecurity and everything like that. You know, what gets in the way of what gets in the way of trying this or deploying it, or deploying it. It's oh, you want us to integrate with the network, and we have to worry about personally identifiable information. The nature of real time feedback versus surveys is we actually avoid all that we are we said, completely away from personally identifiable information. So the nature of, you know, the feedback is, you know, simple presses of a button, whether it's one, two, three or green, yellow, red.
So one part of the of this whole sort of clean deployment is we don't deal with all that personally identifiable information. The second part is whether it's a hospital, an airport or anybody, they don't want us on their network, and we don't want to be on their network. We don't want the Wi-Fi; we don't want to have to relay rely on any of that. So how the solution works are these devices are battery powered, and almost all our devices are battery powered. Because not being battery powered means cables means. And it's so, so battery powered through and through them. Like if we can't do it with batteries, you know, it's got to be something special or different. And it's really rare for us. So pretty much everything we have is battery powered and be from a network point of view, it's a very unique design. These are not Wi-Fi based. They're and again, not just buttons, but we have people counters, we have noise sensors, all sorts of things. All of them. How do you do it?
And they don't write on Wi-Fi networks. They go back, over a long, range RF system, which connects to a gateway that we supply that goes like in a supply closet or underneath a desk, and that has a SIM card that goes out to the cloud through normal, you know, cell phone networks. And we do that because, you know, we don't want to bother the people. We don't want to integrate with the I.T people. We don't want to rely on their networks. We don't want to worry about security issues of their network. So, it's all just designed where we can go and stick things on walls with stickers or screws, no cables, no nothing. And that and then it works very, very well. And basically, it's a private network. At the end of the day that can expand just as easily as buying more sensors and putting them in more places.
Dr. Craig Joseph: It's almost like I CIO's dream here.
Steve Petlzman: I was a CIO. I was a CTO for that was the bulk of my career. And while we acquired this company and designed it from the beginning, that was one of the things that appealed to me is like, if I was the CTO of this hospital, I'd be like, oh, great, these guys are perfect. I don't have to deal with this, and I don't have to worry about it. And that’s one of the great things that appealed to us when we acquired the company.
Dr. Craig Joseph: Other than just feedback. So, okay, I have a problem with one of these three categories or red, yellow, green. In terms of my experience, you've got, I think you said noise sensors and people counters. Tell us a little bit more about how those are. Those are used in health care.
Steve Petlzman: Originally, the company called feedback. Now because it was about feedback in the sense of sentiment. And we've evolved for now. It's like feedback around signals. You know, we didn't tell anybody this, but really, I remember one day we just said, you know, we'd need to change the name because we're pivoting away right away, but we're adding to sentiment, all these other signals. But I want to know, actually, feedback still works because it's a feedback loop in real time feedback loop where whether patients are pressing one, two and three to say I want something, or detecting noise or tracking, we're basically taking data and figuring out the correlations of what's going on, and then operationalizing it with a, text out to the to somebody on Tim's team or, you know, it could, it could be to anybody to close the loop.
So, we think of it as real time signals. And it's anything that could affect the experience, not just sensors that we can deploy but also data we can take in. So, a couple examples. One is thought of a restroom. Think of a hospital with hundreds of restrooms. Now I can deploy Tim can deploy his forces to say, I'm going to go out there and, you know, clean them on a schedule once every two hours for each one, whatever half I pick is a guess. It's a guess as to the actual pattern of usage that happened, and it's going to be a bad guess. It can never be spot on. It's never going to be perfect either. Going to be too early, meaning I wasted labor. I sent somebody to a restroom that didn't need to be cleaned. Therefore, I wasted labor or it was too late. I sent them too late, and I created a terrible patient or visitor experience. And what we do is we'll deploy a people counter, how many people are going in and out of this restroom, and then sentiment out was the cleanliness of our restroom. We quickly correlate that to say things go bad when hundreds of reds, when 80 people use it in 120 minutes or whatever, and all you have to do is use the people counters to get ahead of that curve.
And most efficiently tell staff to go to that restroom and clean it at exactly the right time. Not too soon, not too late. And that's just a restroom example. But the same thing can happen with noise levels. And you know how many people are lingering in an area. You know, all you have to do is deploy sensors or data. It could be any type of data or sensor data that can come into our brain and figure out the most efficient way to act right now.
Dr. Craig Joseph: Tim, how do you kind of explain this to patients? Because I think it's different. Like, I again, I think most people going in the hospital, you mentioned that you were so dedicated to, understanding the patient experience, you became a patient yourself. Or maybe that wasn't exactly how it went, but you turned into a patient, as we all do at some point in our lives. How do you how do you kind of go about explaining this to patients that, hey, there's multiple ways for you to tell us what's going on, and we want to make it as easy for you as possible because you have people with different languages and different backgrounds. And so, yeah. What's the secret or secrets?
Tim Woodward: English and Spanish are some of the languages that we use. But it's also self-explanatory because there's a picture of the housekeeper, there's a picture of the engineering person. So that helps with a language barrier. And I think it's so great because of the fact we do have a patient advocate that goes around saying, if you need anything 24 over seven, just hit the button. And New Yorkers are either coy or they're not. And, but most of them are not. And so we, we really get the buttons quite often here and, and they're really excited to see us again. Sometimes they just want to come back and say hello. And they're used to the button in the room now. And they just want to see, hey, I just want to make sure that this button still works, you know.
Dr. Craig Joseph: How have you found that this is a differentiator for you? Like I, I would imagine that there are more than you know, there's more than one hospital system in the in the New York area. If I had an opportunity to go to Montefiore or somewhere else, this might be it might be really helpful in terms of kind of making sure that, you know, if you're in the hospital, you're really sick under any circumstance. But to be able to kind of be able to be taken care of and to not worry about bothering the nurse for when you don't need to bother the nurse, that that might be a difference for me, in choosing which health care system I want to go to.
Tim Woodward: Absolutely. And we had a nursing administrator from a New York City hospital, another one within our area. And she said, this is one of the greatest innovations that she has seen. It's so simple because there's others out there. There's the TV ones where you can access, helped by the TV, but it's a little bit more complicated. And so this one is self-explanatory. And so she said, this is what every hospital needs across the New York City and across the country. Because when you want something, you want it. Now, when somebody asks you what you want, you can't think of it because you're not feeling well, but it comes to you later. And when you're feeling a little bit better, or when the pain medicine sets in, we are there around the clock to have a vision.
Steve Petlzman: I think that's unique, which is that, you know, it's almost like a luxury, you know, like when you think about somebody who presses the button just to see what happens
and someone comes up. This is, can I help you? And, sorry, I like that. That creates moments, you know, moments that they go home, and they tell their friends about. Like, I was in a hospital and they had something that a hotel didn't have. The hotel. I go pick up the phone, I got to talk to a person. But the vision here, combined with our tech, was like, to me, the purest form of luxury that I can think of in a hospital setting. Like I want something, I press, they come. I don't have to, like, pick up the phone and dial and talk and explain, you know, like to me, that was, it's the ultimate in simplicity, but it's also like a luxury aspect in a hospital setting, which you normally wouldn't think of when you think of luxury. And I just, I, it's why we love working with Tim. Because he's just got these visions of where healthcare can go push us as a company. So, I think that's great. You know.
Dr. Craig Joseph: You kind of bring up the word innovation. And normally when I think most of us think about innovation, we're adding complicated. You know, we're something that has to have AI or has to have a lot of bells and whistles. And this is a pretty straightforward idea. But I would argue it is innovative because you've removed barriers. You know, as you mentioned, with the TV systems, I can do many things. One of them is to get some help, but it's a little more complicated. And especially in the hospital, I'm not feeling well at all to be able to just press a button. And, and I really like, Tim, what you said about the fact that it's just kind of like a picture. And so you don't need you don't need a lot of words to kind of understand what the buttons do and who's going to come when you press them.
Tim Woodward: You want us to think we're providing warmth, right? We're responding to the patient. We're getting there. And the complex part is actually getting what they want, right. And that end result and really helping out the patient. Most of my staff didn't realize when they walk into a patient room what they get out of the Or from me and it has changed their mindset because they were always out there checking on their staff, but now they're checking on patients and it's a different story. And they kind of are saying to themselves, that patient's got a much worse life than I do. Let me try to help them, you know, and that's what we're here for, to engage with our patients and for a better outcome. And when a patient does not worry about something, it doesn't just come out throughout the entire day. And then they write something negative on a survey when they go home, like Steve mentioned.
Steve Petlzman: You know, there’s simplicity in the hardware and in the operation that Tim set up. You know, I press a button that’s kind of based on it. Someone comes. But the sophistication behind the scenes is also an opportunity that we’re taking advantage of. So what you've got here is tons of data, in the hospital. Who wants what, when what are their patterns of need? What are their patterns of usage? You can, you know, cross that with data infection rates, you know, labor, usage and all this other stuff. And then you do correlations and you figure out how to optimize. And that's the stuff that's where the AI does come in where we can
and we are putting AI over that data. And actually, you know, beyond sort of like, human set alerts. I want to go to the room when somebody presses the button or when 50 people use it in 80 minutes, there can be an AI that in real time looks over that pattern of data and says, I just found a correlation here.
That's interesting. And sends an alert. And that's the advantage of what we're doing. And what Tim is doing is basically introducing structured data and unstructured data into this hospital operation. And where we can go with it is amazing. And that's the AI part and the sophistication part, even if the front end is simplistic, perfect. You know, because there's a lot of solutions out there are using AI cameras to figure out what patients want and need and, you know, that's great and that's probably the future. But for now, this is like, you know, you get the simplistic and you get the AI and the and the and the data as well.
Dr. Craig Joseph: Are there any directions that you see the industry or your company kind of going in the future in terms of how to leverage that data or are there other things? Because you mentioned, you know, people counters and, and noise, detectors, other things that you think you can add in that are relatively, you know, kind of low tech, not an AI camera, in other words, that can point to things that we haven't even heard about yet.
Steve Petlzman: So, I was like, we're a hardware company. We're actually data company. And, you know, while we manufactured the smiley boxes that you see, really what we did was we built our platform to basically say, let's take anything off the shelf that measures and collects data in real time, and we can integrate that in minutes. And actually, the noise idea came from Tim. We were talking about all the stuff that we just deployed. And Tim said, you can't detect data, you can't detect noise, can you? And we went, no, but give us a couple weeks. And now we couldn't. We deployed all these battery-powered noise sensors. And now we're thinking about noise background levels. Noise burst levels. You know, where we're headed is more sensors, more data, more data feeds.
And then also bringing in results if you will. So results can be survey scores. They could be infection rates. They could be anything that you think about as something that you want to correlate back to these real time signals. And then what we can do is figure out, hey, if you do A, B and C, if you keep green levels and restrooms down, this might to, you know, green levels in restrooms up to this percentage, we think infection rates are going to drop by this. We can start to correlate results with actions with the results and then and figure out patterns that maybe don't even make sense. But in the end, they optimize the labor and the usage of hospitals resources and the patient's experience and their outcomes as well. That's what we think about as a company is bringing in results, laying out all the different sensors and collecting all the data we can, putting that at soup and then and then just producing great results in the end, whether it's through AI or simple operations or whatever.
Dr. Craig Joseph: Tim, are there other leaders at Montefiore that are jealous and you can tell us their names? We'll make sure they don't listen to the podcast.
Tim Woodward: Not at all. But they were excited. And what happened was when I put it into one building, others said, what about me? So I had to keep silent. Cool. Steve, I think we're on phase H2, you know? And so we kept growing and growing and expanding and we kept saying, this is a trial. It's no longer a trial, but noise like Steve mentioned. Why is that important? Because it's healing. It's all about the healing process. And we put them right by the bedside. And we know the decibel level at 2 a.m. or at 2 p.m., and we want to make sure that we understand the patient's needs. They need to rest. And if we see that spike, we study it with each group. We have monthly reports. We have a dashboard that we could look at in real time. And we say, how can we make this better? What's going on? One example, nurses were huddling next to the patient rooms by the nursing station, and those were the rooms with the highest noise levels. So we asked them to move into a conference room. And they did. Noise levels drop; patient satisfaction went up. And so that's what we want. That's the end result.
Dr. Craig Joseph: That's actually an amazing story that the nurses were meeting. And physicians are, I'm sure, more guilty than anyone, you know, not realizing that even if you're not speaking loudly, that that noise can be heard in the rooms and patients may not be going to complain because they don't want to get anyone in trouble. But, by having that passive audio or noise level, it's you're not listening to what people are saying. You're just figuring out what kind of noise, what kind of sound level there is. That's amazing.
Tim Woodward: And we report it out in our patient satisfaction meetings on a quarterly basis. And they love to see that reports, you know, the survey scores, you know, you could see are going up. It all comes together. And I think that's amazing to see those results. Absolutely. And it's change makers. Everybody's becoming the relationships are actually building. And the change makers are making a difference by going to the patient rooms. Even if the patient said I hate it by accident, it's a win-win because they know somebody will come, they feel secure.
They created a moment. You know, like I said before, it doesn't even happen in, you know, in high end hotels. So to me, that's, how many people come back from hospitals and talk about moments of, of luxury or amazing customer service.
Dr. Craig Joseph: As we wrap up, we always like to end with the same question, which is, is there something that's so well designed in your life that it brings you joy when you use it? Why don't we start with you, Ste
Steve Petlzman: I love the question. I'm a big fan of design, and I was trying to, like, think through all the different things, and I didn't want it to be too esoteric an answer. But on the side, I play with small airplanes and have been doing it for a long, long time. And the plane that I've been flying the last ten years or so is called, Cirrus SR 20 and 22, and it's like the best designed, airplane I've ever seen down from, like, you know, unlike other aviation, you even have a handle you can pull where a parachute comes out if you get in trouble and the whole airplane come down. But the cockpit itself laid out perfectly. You know, all the functions, you know, follow through, all the alerts, all the, you know, weather display information. Every time I fly that airplane, I'm just marvel at how beautiful and comfortable they made everything, how they thought through everything. And it's just, to me, an amazing design. Not just technology, but design.
Dr. Craig Joseph: Tim, anything in your life that's so well designed, you love it so much.
Tim Woodward: Working in healthcare for over 35 years, we've always stayed the same. We haven't changed. And we need now to make the biggest transformation ever. Because times are changing and the expectations of our patients are. We want service now. And this was a dream for me because of the fact that we now can make a bigger difference with our patient population. And I always say, if we could do it here in the past, you could do it anywhere, you know? So why not? Why not say that the design that we're doing now is going to change healthcare forever, and patients now have the greatest opportunity of recovering at a faster rate, because when you have that urge or that need for something, we will be there and our response will be exactly what the organizations are asking me and everybody else wants respond now, get their response of this of hospital staff.
And that's what we look for. So, designing hospitals with noise, with feedback, now with restrooms, it enhances the overall experience. I don't fly planes like Steve. I don't jump out of planes. But I do love making a difference in the lives of others because I have two special need boys. And with that, I want their lives to be more simple. If they ever had to come to a hospital. And at least I can respond to that patient care room in a timely manner.
Dr. Craig Joseph: I love it. One of the best answers I got, and Steve is going to cost, is you're going to have to pay for that. Well, thank you Tim. Thank you, Steve. Really appreciate it and look forward to seeing what you two do together in partnership to improve the patient experience. I think it'll be a fun journey. And I look forward to watching it.
Tim Woodward: Thank you, Craig.
Steve Petlzman: Thank you.
READ THE TRANSCRIPT
Show Notes:
[00:00] Intros
[00:09] Marina’s background and her book: The Vagina Business
[01:29] Gender data gaps
[02:52] The emergence of Femtech
[04:00] Innovation and obstacles in birth care
[05:30] Title controversy and pushback
[13:02] Femtech vs. Scamtech
[14:09] The pink tax in healthcare and global innovations
[27:03] Marina’s favorite well-designed thing
[28:52] Outros
Transcript:
Dr. Craig Joseph: Marina Gerner. Welcome to the podcast. Where do we find you today?
Marina Gerner: Thank you so much for having me. I'm sitting on my chair in London in the UK.
Dr. Craig Joseph: We are talking today because someone connected us about your book. And so, you put out a book recently, The Vagina Business.
Marina Gerner: That's right. And the subtitle is The Innovative Breakthroughs that Could Change Everything in Women's Health.
Dr. Craig Joseph: So, give us the backstory. Why don't you kind of give us a little introduction as to how you got to where you are and how you got to write a book that's called The Vagina Business.
Marina Gerner: My background is that I'm a journalist, and I also have a side hustle as an adjunct professor at the NYU Stern School of Business, and I've always been interested in the stories of women, whether that's in, you know, technology or health or business. So that's been my focus for a while. And then a few years ago, I learned that if you ask most people to imagine a person who's having a heart attack, most people tend to picture an old white man and the symptoms they think of is pressure on the chest and then pain radiating down the left-hand side.
And I learned that those symptoms are typical for men, but they're not typical for women. And I thought that was so shocking. You know, and as a result of that, women are 50% more likely to be misdiagnosed after having a heart attack. We also wait longer to seek help. Our symptoms are considered atypical. They're more likely to include things like jaw pain and long-term fatigue, for instance.
And women also experience that pain and the pressure on the chest but were more likely to describe it as discomfort. And so, I learned there was this issue. And I also met the founder of a company called Bloomer Tech, and the founder is called Alicia Chong Rodriguez. And what her company has created is what I thought is the coolest thing. It's a smart bra that can help women who are at risk monitor their heart health. And I thought, this is wonderful. You know, not only is there this huge problem, but there are also people who are creating new things that might be part of the solution, and that might help us fill that particular gender data gap. And I approached her about an interview.
I messaged all of my editors about this story of the smart bras, and then I kept looking at my inbox and there was just tumbleweed. Nobody was interested. And there it was this. Yeah, it was really surprising because I've written for lots of different places. You know, I've been a journalist for 15 years, and there was the sense that the topic was a bit niche. That made me wonder, how can something that could potentially help over 50% of the population, how can that be considered niche? And then I held on to this story. Even though I didn't manage to place it. The story stayed with me, which doesn't happen with many other stories in journalism, you know. But this story stayed with me. And then the pandemic happened. And I think that changed a few things, because power dynamics shifted between the doctor's office and the patient's home, because we trusted people to test themselves for Covid. And, initially, when you think back to the start of Covid, men had worse symptoms than women. So, if you wanted to be cynical, you could say we started to pay attention to sex differences in health because men were more affected by Covid.
And that's when I finally managed to place the story. But the smart bras came out in the Guardian. It did really well, and I was invited as a result of that, to chair a panel at one of the first ever conferences focused on Femtech, which is female technology. So that's technology focused on female bodies. And I was completely blown away by this conference. I was drawn into this space. I was in my early 30s at the time. I'm in my mid-30s now and I have a child now, but at the time I knew that I wanted to have children soon. So, I was preparing for this, and I knew that the vast majority of first-time mothers experienced birth injuries, unfortunately.
So, I wanted to prevent that. And I was looking for solutions. And I found a company in California called Maternal Medical that's creating a preventative device for birth injuries. And I thought that was so fascinating. I spoke to the CEO, Tracy McNeil, and she told me that the last big innovation in the standard of care at birth, mostly epidural, which was popularized in the 1950s, and that was that just blew my mind because I was thinking, there's no other area of society or technology where we bring something out from the 1950s and we say to people, hey, look, this is the best we got. Look at this cutting-edge floppy disk over here. But in birth, that's exactly what we do. And I thought that was shocking. And the more I looked into the space of what I describe as vagina-centric innovation, the more I realized that one of the biggest or perhaps the biggest obstacle is that most investors are male, and they don't want to invest in these companies because there's so much stigma around these topics.
And I have a quote from one investor who says in the book, “I don't want to talk about vaginas at my Monday morning partner meeting.” And that's the kind of attitude that stands in the way of innovation focused on female bodies. And that just made me so angry. Yeah, I wrote an article called “We Need to Talk about Investors Problem with Vaginas”, and that went viral, came out in Wired magazine. And then I took this as my what they call a proof of concept in the business world, to then write a book and look at this movement and, you know, tell the story of the Femtech movement.
Dr. Craig Joseph: So, I love everything about that. What I wonder about is what is the right response to that. That partner who said, I don't want to talk about vaginas at my Monday morning partners meeting, right? It would seem to me in hindsight, the best response is, you know, would you like to talk about money?
Marina Gerner: Yes. Would you like to talk about the unmet need? Would you like to talk about the total addressable market? Would you like to talk about why these matters? And you know, if you don't want to talk about vaginas, maybe all the others also don't want to talk about vaginas. So, wouldn't you have an advantage if you were the odd one out?
Dr. Craig Joseph: Yeah, that makes sense. Is that message being received now because of some of these conversations, because of some of the female founders that you're referencing?
Marina Gerner: I sure hope so. I mean, my goal with the book is to change that conversation and to normalize that conversation, and that's why it was so important for me to have the word vagina on the cover, because I could have called this book lots of other things. And I actually, you know, faced lots of obstacles with that particular title, and I had to come up with 16 alternative titles at one point. All of those titles were tested on a target audience in A/B testing by my publisher. And then The Vagina Business won. So ultimately, this title won in the market research. But there's been a lot of resistance to it. But the point of the book is to destigmatize the conversation. So, I figured if I put the word vagina right next to the word business, you know, and the book can sometimes be found in the business section, sometimes it's in the social sciences section. It depends on the bookstore, but it stands out wherever it is.
Dr. Craig Joseph: I love it. And did you get pushbacks from someone other than the publisher?
Marina Gerner: Oh, yes. Yeah. So, the publisher also had feedback from independent bookstores who said that they wouldn't display it, and they wouldn't promote it. I had pushbacks from when I was reaching out to other authors to write endorsements for the book. One author said to me the title is too much for her, so she wouldn't write me a blurb. I had a venue turn me down when I wanted to have a book launch there, just purely based on the title. Some people who've written reviews for the book on Amazon have used the word vagina in the review, and then that was flagged as violating community guidelines. So, they've sent me screenshots of their reviews being censored. And I think there's a lot of censorship that happens behind the scenes where people wouldn't necessarily tell me, you know, nah, I think your book titles are too much for us, but they simply don't reply.
Dr. Craig Joseph: Wow. I'm just honestly shocked.
Marina Gerner: Yeah. No, this book was published a few months ago and it continues to be an obstacle. So, the book has already won two awards, which is amazing. And one of them was supposed to be announced in Dubai. So that didn't happen because they couldn't have mentioned the title on the stage of this big conference. And you know, that continues to be back. It keeps happening and it is shocking, but it's not too surprising because all of the founders I've interviewed in this space, whether that's menopause-related, UTI-focused, sex education, all these companies and nonprofits experienced censorship online. All of them.
Dr. Craig Joseph: Wow. I'm at a loss for words, and that's not typical for me. So.
Marina Gerner: I can believe that. Yeah.
Dr. Craig Joseph: It's just I get it in certain areas of the world maybe or but boy, widespread.
Marina Gerner: Yeah. Including things like lactation cookies, you know really things where you just wouldn't expect it.
Dr. Craig Joseph: You said that you were a professor at Stern as well. How did that come about?
Marina Gerner: So, I have these, some people call it what, my multi-hyphenate or, you know, portfolio career. I have these two tracks in my career. I've been a journalist from the age of 19, I think that is when I published my first article in a vague newspaper, and I also did a PhD in my early 20s. And so, I just continued doing those two things at the same time. I left academia for about five years to be in journalism full time as a staff writer. I returned to academia with this. It's an adjunct professor role, so it's part time. Yeah. It's wonderful. I teach a course called Commerce and Culture, which is very unusual because it combines, you know, business and society, business and culture.
And it's also what I'm doing with the book because I think women's health innovation is the perfect case study for that, because if you only looked at it from a business perspective, you'd think, hang on. This is our $1 trillion market opportunity, you know? Yeah. And you wouldn't understand the stigma and the cultural side of things if you only looked at it from the cultural side of things. You wouldn't understand the financial underpinning of everything. So, I think with a topic like that, my very idiosyncratic choice of subjects has come together in a way that's really helpful.
Dr. Craig Joseph: Some of the female founders that you talked about in the Femtech area, they all seem to be female.
Marina Gerner: Not all of them aren't.
Dr. Craig Joseph: Yeah. I was going to say, tell me about that.
Marina Gerner: About 80% are estimated to be female. But then there's a, you know, a fair amount of both founders and researchers and investors who are men. And I've included plenty of them in the book as well, because I think everybody needs to be on board with this subject. And it's an opportunity for everyone, really. Where it gets a bit complicated is when you look at the data on how much money different teams raise and unfortunately, most money, even in the Femtech space, is raised by all male teams. And that's where it becomes a structural issue because there's a company over here called Flo Health, which is a period tracker, and they've become the first European Femtech unicorn. And they were founded by a group of men. And so, when they became a unicorn, people were asking, you know, is it what do you make of it?
Is it a problem that it was set up by guys or is it a victory for all of us because they've raised all this money and they've achieved this unicorn status? And it's complicated in and of itself as a case study or as a one-off example. It is a good thing for the Femtech industry to have such an example, such an example of success. But if you look at the structural side of things and you realize, well, if it was led by a group of women, they wouldn't have raised that money. And so that's where it becomes difficult.
Dr. Craig Joseph: Tell me about that. We like to talk about design. The stat part of the part of the podcast designing and healthcare. And so Femtech design, are there any kind of overarching concepts that people just generally get wrong when designing for Femtech from? Not just the product itself necessarily, but maybe the, the, the conceptualizing of it and marketing of it and financing of it. Are there design flaws that you've seen that are common?
Marina Gerner: Yes. Let me just pull up a certain chapter in my book. What I do is I distinguish between Femtech and scam tech, and so Femtech is technology focused on female bodies, everything from periods to menopause, but also going beyond like cardiovascular health and bone health. And then you have scam tech, which is technology that monetizes insecurities and that, you know, mis-sells things. And so that's where we get to the insidious side of things. So, for instance, vagina steaming devices, you know, are harmful devices and those still exist. They're not banned. But we know that they can lead to all sorts of damage. There's also a range of intimate wash products that are potentially quite harmful. And then I've also found that there is a new version of the pink tax in health care.
So, you know, when we think of the pink tax, traditionally we would think of razors. And so pink razors that are marketed to women are more expensive than blue razors that are sold to men. And in healthcare we have generic drugs like ibuprofen being repackaged, put into pink packaging, and they're being called feminine acts or Midol. And those are then sold at a premium or period pain relief. So those are three categories. Kind of the actively damaging, the useless, potentially damaging and a new version, of the pink tax. And so, the questions I recommend asking are, does this product monetize shame in any way? So, does it imply that your body is dirty? Does it sell?
But is it painful? You know that that old idea? Does it provide a full sense of safety? Is it under regulate it for what it is? What data does it collect? You know, what claims does it make? What's the evidence and what emotions does it trigger? Because in the fertility space we sort of messaging that sounds, like you're running out of eggs, you know, quick, quick, quick. You're running out of eggs. You're almost 35. Your fertility is about to fall off a cliff. And so, whenever you have something that triggers your emotions so strongly, it's kind of worth pausing and asking, you know, what? Am I being sold here?
Dr. Craig Joseph: I'd say I've never heard of the pink tax, but it totally resonates.
Marina Gerner: Yeah, it applies. So, I usually use the example of razors. But you could also look at haircuts. You know, haircuts for women are so much more expensive or rain jacket all sorts of things. Once you start looking into them, you'll see the pink tax in them.
Dr. Craig Joseph: That is fascinating. How do you draw attention? You know, you've said some of the media of which you are somewhat a part of the media is not helping, right? Sometimes even in trying to advertise your or market your book.
Marina Gerner: Yeah, absolutely.
Dr. Craig Joseph: How do we get the folks in the media to be more comfortable, or is it just part of the overall culture of the area that they live in?
Marina Gerner: I think it's about shifting the conversation, and not just by making people more comfortable with certain terms, but also by just using certain terms, without using euphemisms, for example, because, you know, if people don't want to use vagina at a doctor's office and there are some surveys that show that I don't remember the exact percentage, but a really large percentage of young women don't want to use the word vagina at the doctor's office, and that has really terrible consequences further down the line.
How do we get people to use those words, and how do we get people to use words like perimenopause or endometriosis? And I think because if you don't know that something might happen to you or your friends or your family members, how are you supposed to address it? And there are still lots of people who think, okay, menopause is when your period stops one day and they're not really aware of perimenopause and the various symptoms, the 34 odd symptoms that can come with that. And the same goes for endometriosis. 10% of women are estimated to have endometriosis, but historically we've normalized female pain. Right? So, women were always told, oh, you've got period pain. Extreme period pain. Well, that's normal. And in reality, there could be an underlying issue there like endometriosis.
Dr. Craig Joseph: You're going back to your first example of heart attacks with women too. This has real world implications as you know, even if the signs of a certain disease are slightly different, it's on the healthcare side of being able to think about some of these things. And yeah, you're right. The average female having a heart attack doesn't have the same symptoms as the average man. And yet we only assume all heart, we kind of, most of us assume all heart attacks are, you know, chest pain feels like an elephant standing on my chest, that sort of thing. And that shows in the morbidity and mortality results of cardiac problems in women. Let me pivot a little to the concept of Femtech that term.
Some folks have a problem with that in saying that. Well, why does it? Why is it Femtech? Isn't it just tech?
Marina Gerner: Yeah.
Dr. Craig Joseph: Femtech, why does it need its own category?
Marina Gerner: I have lots of thoughts on this. I think the first funny thing is with term Femtech is whenever you use it, people hear fintech, financial technology. So, you know, oftentimes people think you talk about online banking when obviously that's not what we're talking about here. The term was coined by Ida Tin, the founder of CLU, in 2016, to bring together all these different kinds of companies that are innovating in women's health.
And so, what's special about it is that 80% of founders are female, and it's estimated to be a $1 trillion market opportunity. Obviously, I hope that Femtech will only be called tech one day, just like health tech, but will simply be health, right? Because tech will be a normal component of health care. And I think with Femtech, some people prefer to use the term women's health innovation. But I think the success of the movement does not really depend on what term we use exactly. And I think the term might evolve in the future as well. But right now, it's really helpful because people find each other by using that term as a hashtag on LinkedIn, on Instagram, there are conferences that are organized that are specifically called Femtech conferences, Femtech webinars, Femtech accelerators.
So, it's a term that has energized people and that has brought people together. And I think for that, it's really helpful. And a parallel example is, you know, feminism, you could say, well, isn't it simply equality or human rights? But we still have feminism for a certain reason, and hopefully we won't need feminism one day. And the same way I would say, hopefully we won't need the term Femtech one day it will all be tech because tech will serve us all equally.
Dr. Craig Joseph: So, are there any good examples or particularly interesting founders or companies that you've encountered in the writing of the book that you think deserve highlighting?
Marina Gerner: Absolutely. I could give you so many examples. It really depends on what part of women's health you're interested in. But there's for instance, in Copenhagen, there's a new form of contraception that's being developed called V, and it looks like a laundry capsule. It's transparent. And so, it's something you dissolve in the vagina, and it works together with the cervical mucus to keep sperm out. So, it's a non-hormonal form of contraception. And I think in the future we will have more non-hormonal choices. There's also contour line, which is a long-term contraceptive for men. It's a reversible vasectomy that uses hydrogel and that's being developed at the moment. So, I think there's a lot that will happen in the non-hormonal contraceptive space. Then there's also a device that's just come to the market in Ireland, which is a smart nipple shield.
So, you know, nipple shields are usually used when you're breastfeeding to either help with a latch of the baby or to protect the nipple. And historically, they've been made out of lots of different materials, like glass and pewter and plants even. I think this one is different because it has a sensor in it that can measure the amount of milk a baby is getting. And that could potentially be really helpful if you have babies with a low birth weight or, you know, if you have mothers who would like to breastfeed, but they're too worried about how much milk the baby's getting, you can also then use that information for research purposes. And that's the case with a lot of Femtech companies, is that they collect so much data we've never had before, that if you partner with researchers, you can get some incredible insights into how somebody's milk supply correlates with other aspects of their health.
Dr. Craig Joseph: That's amazing. As a pediatrician, all we could do was measure the number of minutes the baby was nursing and then the output. Right. We you could never really know what the baby was getting. So that would be incredibly helpful, especially for kids who are somewhat sick. And we really need to know about their fluid intake.
Marina Gerner: So that one's called the Coro. That device. Yeah.
Dr. Craig Joseph: That's awesome. So those are just a few of the kind of examples that are.
Marina Gerner: Yeah, I've interviewed over 100 people in the book. So, you'll find many, many, many more examples there. And I've interviewed people across 15 different countries because I wanted to show people the range of innovation there is.
Dr. Craig Joseph: If you could wave a magic wand and change just one thing about women's health care, how it's designed, how it's delivered, what would that be?
Marina Gerner: Oh, yes. I think there's something really universal, which is the normalization of female pain. I think if we reverse that, that would be a huge and revolutionary thing to do, because right now we still say to women, you know, extreme period pain, oh, that's normal pain with breastfeeding. That's normal. Oh, you're giving birth. Well, there's no birth without pain. IUD insertion. Well, you can't possibly expect pain relief, although that's slowly changing. But I think if we completely reverse that attitude across the world, that would be revolutionary.
Dr. Craig Joseph: Is there any specific advice that you'd give to aspiring entrepreneurs who are looking to break into Femtech? What can they learn? Besides reading the book for sure, what can they learn, to either avoid or make sure that they do?
Marina Gerner: Well, of course I was also going to say, read the book. All of my wisdom, all my treasures, contained in the book. And, you know, I'm giving them to the world. I think it's really important to if you're not a researcher, if you're not a medical professional, to assemble a team that you know, includes medical professionals, that includes researchers, and to make sure that whatever you're doing is evidence based. I think we see a lot of snake oil. Unfortunately, there are a lot of things that are not evidence based, especially in the area of supplements or apps or, you know, things that aren't regulated to a high standard. Always make sure that what you're doing addresses an actual problem, because I see companies that are addressing issues that aren't actually issues as well.
So, I've seen apps that will analyze your menstrual cycle and tell you if you're supposed to have a meeting or if you're particularly creative on that day. And that's just reductive. And it's just unhelpful. It's not constructive. So, make sure that you're addressing an actual problem that you find a, you know, solid unmet need. Make sure that there's a business model for your venture, that it can exist in a commercial frame, because not everything can exist in a commercial frame, even if it's a good idea, even if it addresses an unmet need. Put together a good team and think about how it will get funded. And you know, venture capital is not right for every company. And in fact, I think we need many, many other sources of funding in women's health.
Dr. Craig Joseph: Excellent. Well, we always like to end with the same question and the of all of the folks that we interview. And the question is this, is there something in your life that is so well designed that it brings you joy whenever you interact with it?
Marina Gerner: I would say my hands free and smart breast pump. So, I have a baby. I'm breastfeeding, and I also launched a book at the end of last year. So, I've had speaking engagements all over the world, and I always travel for the shortest possible amount of time. You know, a day and a half, maybe two days and one night. And I'm traveling with this breast pump that is quite small that I've used on the plane that you simply pop into your bra, and it doesn't have any wires that are, you know, attached to anything. It's relatively quiet. It's convenient. And on these trips, I always find myself thinking, wow, I'm so dependent on this device because, you know, without it I would risk having a clogged milk duct.
I could risk having mastitis, I could risk my milk supply going down and so on. But with this device, I've got the freedom to be away for a day or so. I used a breast pump on the plane, and I asked the flight attendant on the way back from San Francisco, I said to them, have you ever seen anyone else using a breast pump on the plane? And they said to me, oh yeah, actually, there was a woman there on Friday who used a breast pump. And I said, yep, that was me, because I was flying on the same schedule as the flight attendants. So, it's still quite rare, I guess. And there are certain suggestions I have on how they could improve that design. But I think compared to all the breast pumps, it's a much more convenient tool right now.
Dr. Craig Joseph: That's amazing. Doctor Marina Gerner, thank you so much for educating us about Femtech. And I would encourage everyone to check out your book, The Vagina Business, and to prominently display it in their front window.
Marina Gerner: Yes, that would be great. And please post about it on LinkedIn or on Instagram and feel free to tag me and I will reshare your posts.
Dr. Craig Joseph: Excellent. Well thank you again. I really appreciated the conversation.
Marina Gerner: Thank you so much for having me. It was great talking to you.