Pranav Reddy and Sarah Guo, on behalf of Conviction
Most of healthcare happens after diagnosis.
From the moment they can explain what's wrong, patients engage in a continuous fight to get access to the medication and treatment they need. This process is slow and painful. Prior authorizations take weeks to process, follow up procedures and testing get dropped completely, and patient's questions and concerns simply get ignored in the process.
This pain is felt everywhere in the patient journey but most intensely in expensive life-saving medications called “specialty drugs.” These medications, like Keytruda, Humira, and Dupixent, comprise two percent of total drug volume but more than half of all drug spend. Over a third of initial approval requests for these medications are rejected, patients are often downgraded to cheaper but less effective therapies, and, even when they do receive them, the entire ordeal takes weeks or months. These delays aren't the result of lack of care or compassion or medical knowledge, but a symptom of how scarce healthcare professionals are and the disproportionate amount of work they have to do.
To bridge these gaps, Rish & Sri founded Latent Health.
Latent is the future of abundant health care. In two years since founding the company, they work with more than 25 of the nation's leading health systems, including Ochsner, MetroHealth, Vanderbilt, Mount Sinai, UCSF, and more. Latent already helps millions of patients across the country get access to life-saving medication, reducing denials by more than 30%, and time to receive medication by weeks. They help providers focus only on treating patients, rather than faxing and typing in portals to get drugs approved or dealing with accountants and lawyers to get the health system paid.
Rish and Sri have been best friends since they were six years old, and for almost as long, they've wanted to build a company together.
Rish and Pranav learned to code together, sitting in one of their living rooms in fifth grade. He's among the most technically brilliant and curious people we've ever met, and a true engineer's engineer — his idea of a fun weekend was designing a new distributed data processing framework. After past lives as a biology and later machine learning researcher at Stanford, Sri today is intense and customer-obsessed. His first question after a surgery he had earlier this year was how soon he could get back on a plane to see their customers. The two of them, and the Latent team as a whole, are kind, brilliant, and ambitious.
Today, Latent helps patients get medications faster and more often by automating administrative work. This work naturally extends into building relationships with patients, helping them navigate their treatment plan and manage their symptoms. Latent is creating a personal provider for every patient, built on top of deep medical knowledge and an understanding of every patient's health record. This is a step function shift in how humanity manages health. Healthcare should feel personal, intuitive, and deeply human.
We're building abundant healthcare. Join us.
We're hiring across engineering, sales, and operations roles, based in SF and NYC. Apply here.