The Washington Times
  • Subscribe
  • Times News Services
  • RSS
  • Mobile Headlines
  • e-edition
  • E-MAIL ALERTS
  • REGISTER
  • LOG IN
  • E-MAIL ALERTS
  • WELCOME
  • Your Profile
  • Log Out
  • Front Page Image
  • Classifieds
  • Autos
  • Real Estate
  • Jobs
  • Special Sections
  • Customer Service
  • Home
  • News
  • Opinion
  • Sports
    • NFL
    • NBA/WNBA
    • MLB
    • NHL
    • Tennis
    • Golf
    • Motorsports
    • Soccer
    • NCAA
    • Olympics
    • Outdoors
    • Other
  • Culture
    • Home & Living
    • Family & Kids
    • Fashion
    • Food
    • Travel
    • Health
    • Washington Visitors
    • Books
    • Military History
    • Life
    • Auto
    • TV Listings
    • Movie Listings
    • Death Notices
    • Entertainment
  • Themes
  • Communities
  • Marketplace
    • Autos
    • Jobs
    • Real Estate
    • Classifieds
    • Shopping
    • Dining Out
    • Education
    • TWT Store
  • Videos
    • Two Guys
    • Birnbaum on Washington
    • Liz Glover
    • Amanda Carpenter
    • Morning Briefing
    • Documentaries
    • Joe Giganti
    • Video Game Minute
  • Podcasts
    • About Headlines
    • Audio and Radio
    • America's Morning News
  • Sports

    Offense erupts in Caps' victory

  • National

    KUHNHENN: 10% jobless rate is Obama's troubling world

  • World

    Joint forces probe NATO air strike

  • National

    Fla. shooting suspect 'mentally ill'

  • Business

    Parents buying homes for kids at college

  • Politics

    Looking to 2010, GOP focuses on fiscal restraint

  • National

    Sunshine vitamin stirs new debate

Home » Culture » Life

Wednesday, June 18, 2008

GERGEN & VANOUREK: Making good on a promise

Rate this story

Average 0.00
after 0 votes
Login or register to rate this story

  • Font Size -+
  • Print
  • Email
  • Comment
  • Tweet this!
  • Share
  • Article
  • Comments ()
  • Click-2-Listen
  • Videos
Please stand by, images loading!

More Life Stories

  • L.A. church caters to canine crowd
  • Women lead seismic shift in workplace
  • Baldwin, Martin to host Oscars
  • 'Living funerals' help ill, kin

By

When Todd Park was 24, he and a colleague from Booz Allen, Jonathan Bush, decided to strike out on their own and buy an obstetrics practice in San Diego, using a mixture of all of their life savings and some seed capital from friends and family. The practice took a holistic approach to medicine that wrapped preventive care and education around mother and child.

Despite serving the poorest 20 percent in the city of San Diego, the practice had outstanding health outcomes. The only problem was that it was losing more than $1 million a year and couldn't sustain itself.

After studying the problem carefully, the two young consultants and their team determined that the challenge was getting paid in a timely and comprehensive manner. They set out to look for a solution. As it turns out, everyone was struggling with the same problem, and no one had come up with an elegant solution. Mr. Park and Mr. Bush decided to build their own - using the power of a new technology, the Internet.

Their breakthrough solution dramatically improved the practice's financials and put the clinic back on track. It also set the young entrepreneurs on a new course.

Though still committed to improving health care options for underserved communities, they began to realize that the best way they could help transform medical delivery was by removing the administrative burdens that were taking doctors away from the important work of healing. With this realization, the pair and their team set off to provide their software system to other practices across the country, and Athenahealth was born.

Based in Watertown, Mass., Athenahealth serves thousands of physicians and clinicians across the country. The publicly traded company has more than 600 employees and a market capitalization of more than $1 billion. The company has expanded to a range of new support services and has positioned itself beautifully for continued growth.

During the company's skyrocket ride, Mr. Park married his college sweetheart, Amy (herself a physician) and made a promise to her. Once the company stabilized and could fly freely from its nest, he and she would move close to her parents and start a family. It took four years longer than anticipated, but this year, he made good on his promise. Their son is expected in August, and they are moving to the San Francisco Bay Area in the fall.

The move is serving as a catalyst for deep personal reflection for Mr. Park, who has set three personal goals for himself:

mLove his family and friends like there is no tomorrow.

mDo as much good as he possibly can.

mBe true to his spiritual self.

With these value-based goals in mind, he is setting out to figure out what he wants to do next and what he doesn't want to do.

Despite their new wealth, Mr. Park and his wife are determined not to change their lifestyles but want instead to "take the gift that Athena has provided and use it for more good."

Their strategy is to invest in entrepreneurial solutions to public health problems in the United States and abroad to achieve permanent institutional advancement in health care.

They are starting by establishing the Athenahealth Foundation to try to contribute to the improvement of medical care underserved Americans are receiving. (According to Mr. Park, 45 percent of Americans are receiving inadequate care because of a lack of coordinated systems.) Additionally, they have started a new company, Maria Health, which is seeking to bring the same kind of Internet-based help to patients that Athenahealth provides to physicians.

Furthermore, Mr. Park and his wife are looking at ways of supporting the expansion of a breakthrough birthing center enterprise in India named LifeSpring that is taking a comprehensive approach to dramatically improving the healthy outcomes of childbirth in a country that suffers one-third of all maternal mortality cases worldwide.

LifeSpring's success rates rival those of most developed countries - but LifeSpring delivers this care for less than $40 per birth. (The U.S. average is $8,000 per birth.) The goal is to serve 5,000 low-income patients every year and to provide outpatient services to more than 1 million people over five years.

Another project they have gotten behind is VisionSpring, a social enterprise started by Dr. Jordan Kassalow, an optometrist who has figured out how to provide affordable eyeglasses to people across the developing world who make less than $4 per day and is training teams of local "vision entrepreneurs" to evaluate and provide the appropriate prescriptions.

The impact each of these projects has is noteworthy. Taken together, they represent a major advance in health care. Mr. Park recognizes the challenge of pursuing each of these initiatives while staying true to his family and spiritual values - but he is determined to try. It's a promise he's not taking lightly, and we all stand to benefit from his success.

Christopher Gergen and Gregg Vanourek are the co-authors of "Life Entrepreneurs: Ordinary People Creating Extraordinary Lives" and the founding partners of New Mountain Ventures, an entrepreneurial leadership development firm. They can be reached at authors@lifeentre preneurs.com.

[Get Copyright Permissions] Click here for reprint permissions!
Copyright 2009 The Washington Times, LLC

Post a comment

There are comments on this article, submit your opinion!

Please login or register to post a comment

Ask a Question

You Report

Do you have another point of view, photos, audio, video or more information about a story?

Top Stories

Most Read

  1. EXCLUSIVE: Rare virus poses new threat to troops
  2. Sniper's ex-wife speaks out on abuse
  3. PRUDEN: Corpse sits up, gets nice salute
  4. Inside the Beltway
  5. Armored troop carriers called unsafe for duty
More Top Stories »
  1. 13 killed at Texas army base; psychiatrist accused
  2. Aborted fetus cells used in beauty creams
  3. Army: Suspect said 'Allahu Akbar!' before shooting
  4. Can the 10th Amendment save us?
  5. 60 Plus leader: Senior 'tsunami' coming

Most Shared

  1. EXCLUSIVE: Rare virus poses new threat to troops
  2. Parents buying homes for kids at college
  3. EDITORIAL: Too scared to recognize terrorism
  4. Aborted fetus cells used in beauty creams
  5. Making fun of faith
More Top Stories »
  1. Sunshine vitamin stirs new debate
  2. Obama's new world order
  3. EDITORIAL: The grass roots keep growing
  4. NSA surveillance -- of you?
  5. PRUDEN: Corpse sits up, gets nice salute

Most Commented

  1. Army: Suspect said 'Allahu Akbar!' before shooting
  2. Muslims stunned by Fort Hood shooting
  3. Furious scramble for health reform support
  4. 'Gentle' Army psychiatrist displayed worrisome signs
  5. House OKs health reform bill
More Top Stories »
  1. EXCLUSIVE: Rare virus poses new threat to troops
  2. 13 killed at Texas army base; psychiatrist accused
  3. PRUDEN: Corpse sits up, gets nice salute
  4. EDITORIAL: Too scared to recognize terrorism
  5. Obama praises those who ended Fort Hood violence

Listen to Washington Times Radio

  • America's Morning News

    with John McCaslin and Melanie Morgan

Question of the day

Do you think the health reform bill will pass?

Blogs & Columns

  • POTUS Notes

    New Dem talking point on Obama approval doesn't wash

  • The Back Story

    12 arrested at Pelosi's office

  • Belief Blog

    Washington goes Greek this week

  • Out of Context

    Foods that might kill libido

  • Technology

    Facebook wins round against phishing spammer

  • On the Fly

    United lifts some 'award' blocking

  • Redskins 360

    He Said, She Said Week 9

  • Tara's Two Cents

    On their way to summer vacation..

  • SNOBlog

    Beyond 'Woody'

Videos

Advertising Links
TWT Store
  • e-edition
  • Print Edition
  • Weekly Washington Times
TWT Affiliates
  • Middle East Times
  • Golf
  • UPI
  • Arbor Ballroom
  • Washington Times Global
  • About TWT
  • Press Room
  • F.A.Q.
  • Work for TWT
  • Advertise
  • Sponsors
  • Contact Us
  • Privacy Policy
  • Site Map

All site contents © Copyright 2009 The Washington Times, LLC.