This interview is part of our HIMSS18 coverage and was recorded live on the showroom floor.
On this episode I talk with Nathaniel Lacktman, Health Care Partner and Chair of Telemedicine Industry Team and Digital Health Group at Foley & Lardner. He’s also one of the nation’s leading voices on telemedicine laws and business models.
Nate gives us a quick primer on why startups and entrepreneurs shouldn’t put legal issues on the back-burner, especially when it comes to fraud and abuse. He tells us how we can avoid big problems down the road by coming up with a business model that establishes legally acceptable ways to grow and that takes the laws of all 50 states into consideration. This portion of the conversation echoed the advice Dexter Braff gave us a few episodes back about how to build a company that others want to invest in.
Nate also makes predictions about where the telemedicine market is headed. He’s very excited about asynchronous telemedicine and makes a compelling case for how it can improve the patient experience and create new opportunities for doctors to work the way they want to. Nate knows that asynchronous telemedicine isn’t the best approach in many healthcare situations, but it works really well in others and should be embraced there. For example, many protocol-based, decision-tree primary care activities are great candidates for an asynchronous approach.
Nate opened my eyes to a whole new world of possibility in telemedicine with this asynchronous approach. Give it a listen and let me know what you think!
About Nathaniel Lacktman
Nathaniel (Nate) Lacktman is a partner and health care lawyer with Foley & Lardner LLP. He is the chair of the firm’s Telemedicine Industry Team and co-chair of the firm’s Digital Health Work Group. He advises health care providers and technology companies on business arrangements, compliance, and corporate matters, with particular attention to telehealth, digital health, and health innovation. His approach to practicing law emphasizes strategic counseling, creative business modeling, and fresh approaches to realize clients’ ambitious and innovative goals.
Mr. Lacktman is regularly requested to speak on telemedicine nationwide by a variety of organizations. In addition, his skills are recognized by Chambers USA: America’s Leading Business Lawyers, where Mr. Lacktman has been listed as a notable practitioner from 2013 – 2017.
Mr. Lacktman chairs the Telehealth Work Group of the American Health Lawyers Association. He serves on the Executive Committee of the American Telemedicine Association’s Business & Finance SIG. He is a chief legal counsel to the Telehealth Association of Florida and a Certified Compliance & Ethics Professional (CCEP).
You can also hear from Nate on this interview with our friends at RED HOT Healthcare.
About Foley & Lardner LLP
Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe, and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives, and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
On April 1, 2018, Foley combined with Gardere, Wynne & Sewell LLP. Foley & Lardner LLP operates as “Foley Gardere” in Austin, Dallas, Denver, and Houston, and as “Foley Gardere Arena” in Mexico City through its subsidiary, Gardere, Arena y Asociados, S.C.
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You can find the rest of our HIMSS ’18 Interviews here.