Omkar Nakade, Co-Founder and Director, MEDNET Labs
- Omkar Nakade is the co-founder and director of MEDNET Labs, a leading healthcare technology company specializing in health management information systems.
- He has an engineering background and previously worked at IT companies like IBM.
Podcast
Overview
In this episode of The Brand Called You, Omkar Nakade, co-founder of MEDNET Labs, discusses his journey inspired by his mother’s cancer treatment, leading to the founding of MEDNET Labs in 2008. Initially focusing on clinical data management, MEDNET expanded to cover billing and procurement. Nakade emphasizes the importance of user-friendly interfaces, particularly for non-tech-savvy healthcare professionals, and highlights MEDNET’s adherence to international standards like HIPAA. He also discusses integrating emerging technologies like AI, ML, and IoT into their systems. Nakade stresses the need for robust data privacy and security, noting India’s progress with Ayushman Bharat and NHA guidelines.
00:38- About Omkar Nakade
- Omkar Nakade is the co-founder and director of MEDNET Labs, a leading healthcare technology company specializing in health management information systems.
- He has an engineering background and previously worked at IT companies like IBM.
- Under his leadership, MEDNET Labs has expanded globally, with a presence in the US and UAE. The company focuses on developing user-friendly, clinician-centric healthcare IT solutions that leverage emerging technologies like AI, ML, and IoT to enhance clinical decision-making and patient care.
14:54- How do you address concerns regarding data privacy and security when it comes to handling sensitive medical records in India because our laws are still a little early?
- MEDNET employs robust data encryption techniques and strict access controls to ensure the confidentiality and integrity of patient data.
- We work closely with the NHA and Ayushman Bharat to ensure compliance with data security guidelines.
- We have implemented one-time passwords (OTPs), to enable seamless yet controlled sharing of patient data between healthcare providers.
21:32- What have been some of the key lessons you have learned that have changed your approach to business and leadership?
- Building the right team with the right skills and processes is crucial for scaling a startup.
- Entrepreneurship requires an open mindset and constant learning to navigate the evolving landscape.
- The right balance between strategic thinking and operational implementation is key to success.
RESOURCES:
Learn more about Omkar Nakade: LinkedIn
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Profile
- Omkar Nakade is the co-founder and director of MEDNET Labs, a leading healthcare technology company specializing in health management information systems.
- He has an engineering background and previously worked at IT companies like IBM.
- Under his leadership, MEDNET Labs has expanded globally, with a presence in the US and UAE. The company focuses on developing user-friendly, clinician-centric healthcare IT solutions that leverage emerging technologies like AI, ML, and IoT to enhance clinical decision-making and patient care.
