Physician Founded Ep. 11: Keith Tsui

“There are limitations to what a clinician can do.” Among other poignant points, Dr. Keith Tsui, shared with us his journey from physician, to management consultant, product manager at a digital health unicorn startup to founder of Medwise.ai.

You can find out more about Medwise at Medwise.ai Their team is doing exciting work to use AI to massively improve the answering of clinical questions posed by physicians.

To find more of our podcasts, you can go to howitsmed.com or https://plnk.to/howitsmed.

Full video on YouTube https://youtu.be/NLo4uznr1Rs

0:32 – 2:37: “Life is all we have” - the story behind Dr. Tsui’s passion for medicine

2:45 - 6:10: “Can we do more innovative diagnostic tests to detect cancer at an earlier stage?” - Dr. Tsui shares the drive behind his endeavour into entrepreneurship

6:53 – 9:13 - “I would encourage medical students who are interested in entrepreneurship to do practise” - Dr. Tsui talks about his journey through clinical medicine into entrepreneurship

9:48 – 12:14 - ”Management consultants sometimes have a bad name in the healthcare industry” - Dr. Tsui reflects on the relevance of his management consulting experience to his Medwise.ai journey.

12:45 - 15:44 - “I am lucky and fortunate to have parents that support my career change” - An elaboration on the importance of a supportive ecosystem to the success of medical entrepreneurs

16:47 – 19:58 - “There is no hard and fast rule to do that” - A discussion with Dr. Tsui on his choice to pursue full-time entrepreneurship with his own startup instead of working as a medical consultant to a larger company.

20:26 – 22:55 - “There is only going to be increased demand on the healthcare system” - Highlights of the awareness, innovations, and adoption of different medical technologies driven by the COVID-19 pandemic.

23:15 – 24:51 - “It takes a longer time to get to market if you start from a solution” - To start with the problem or the solution? Dr. Tsui elaborates.

25:39 – 30:27 - “AI definitely has the opportunity to make healthcare better**” -** A discussion of the boundaries, opportunities, and limitations to healthcare advancement through AI.

31:01 – 36:31 - “No idea is automatically a viable business” - A discussion on the importance of discussing problems with a supportive, innovative community, and of quickly sorting good from bad ideas to make the most prudent allocation of time and capital with the end-goal of medical entrepreneurship in mind.