Dr Zach Tan on Venture Capital and HealthTech in New York

In this episode of the Creative Careers in Medicine podcast, host Dr Elise Putt speaks with Dr Zach Tan, a prominent figure working at the intersection of technology, venture capital, and healthcare. Dr Tan splits his professional time between Australia and New York, holding significant roles such as General Partner at Aegis Ventures and President of the health tech startup Optain Health. Additionally, he serves on the US board of the Fred Hollows Foundation and engages in academic and consulting work.Dr Tan begins by sharing his journey into medicine, driven by a lifelong interest in science and an upbringing in a healthcare-oriented family. He describes his clinical years, beginning with his undergraduate medical education at the University of Queensland and subsequent placements in hospitals in Brisbane and Sydney. Dr Tan identified significant inefficiencies and administrative burdens in the healthcare system, prompting his interest in technology's potential to improve clinical workflows.Dr Tan’s accidental yet transformative shift from clinical roles to tech and venture capital. During his PGY2 year, a chance meeting at a conference led to an opportunity with CancerAid (now Osara Health), marking his entry into the tech space. What began as a planned gap year evolved into a decade-long journey in healthcare innovation.On the topic of balancing multiple roles, Dr Tan outlines his current commitments, which primarily involve Optain Health - a company leveraging AI technology and hardware to diagnose and detect eye and systemic diseases. He explains the dynamic and demanding nature of the tech ecosystem in New York compared to Australia. He shares his aspirations to demonstrate that Australian innovation can achieve global impact, aiming to build Optain Health into a national champion of healthcare AI.Providing valuable advice for clinicians aspiring to transition into tech or venture capital, emphasising the 70-20-10 model of learning: 70% on-the-job training, 20% mentorship, and 10% formal education. He highlights the importance of networking, mentorship, and continuous learning through formal programs and industry-specific media.Dr Tan envisions an alternate career in architecture, reflecting his interest in how built environments shape human experiences. His insights offer a blend of inspiration and practical guidance for clinicians exploring new career avenues.To get more CCIM, subscribe so you never miss an episode, join our Facebook community and subscribe to our newsletter!CCIM WebsiteCCIM FacebookThe CCIM Podcast is part of the Talking HealthTech Podcast Network, offering the latest in healthcare delivery, innovation, digital health, and more. Discover the network at www.talkinghealthtech.com/podcast/network.