The Hutch Podcast

Healthcare of the Future, Navigating Fundraising and Operating as a CEO, and Keys to Success with Jon Lensing

Episode Notes

Jon Lensing is the Co-founder and CEO of Openloop. OpenLoop is a Des Moines-based startup powering the telehealth industry from end-to-end solutions that streamline virtual care. After graduating from medical school at the University of Iowa, Jon and his co-founders started OpenLoop.  As the pandemic shocked the world OpenLoop found itself in a unique position to capitalize on the rapidly changing healthcare industry. Today, OpenLoop serves thousands of clients worldwide and continues to grow and expand operations to connect patients with medical professionals. 

In this episode with Jon Lensing, we discuss: 

1. Personal Journey and Founding of OpenLoop

• Jon's background and journey to founding OpenLoop. 
• Current business model of OpenLoop. 
• How do early founders build moats? 

2. Telehealth Industry trends, size, competitors, and future

• What does the future of healthcare and telehealth look like? 
• How close are we to the human-to-model healthcare interface? What will AI's effect on the industry look like? 
• What is the relationship between telehealth and mental health look like? 

3. Fundraising Lessons and Tips

• What to expect from Iowa VCs vs coastal investors. 
• Do all VCs add value? 
• How do you maintain the growth of the company while fundraising? 
• Fundraising and acquisition strategies. 
• Is it good to fundraise in a heavily regulated market? 

4. Leadership Lessons 

• Biggest leadership lessons over the past 4 years. 
• What is the core role of a CEO? 
• What is the key to a motivated and talented workforce? 
• What is the greatest piece of advice you've received as a founder?