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3 Questions with Dr. Kianor Shah
FintekNews is pleased to offer our 3rd installation of our new feature column “3 Questions”. Each week, we feature a thought leader within a unique sector of fintech and ask them to answer just 3 questions for our audience. This week we are pleased to feature Dr. Kianor Shah, a frequent speaker on the lecture circuit for healthcare finance, a practicing dentist, and advisor of Lend Health.
Dr. Kianor Shah
Lend Health
www.lendhealth.com
How did you personally become involved in fintech?I’m a dentist and an oral implantologiest with an MBA in International Business. Several years ago as a practicing dentist who traveled extensively, I had the opportunity to work with colleagues who spoke about their challenges — lack of business experience & acumen, start up expense, cost of acquiring new practices and buildiing their patient rosters, servicing more patients once their practices grew, etc. In the 21st century in the greatest nation on Earth, we should not be in the bottom of health care systems in the world, but on the top, and we also need a fully functioning medical industry for the health of our economy. If our government cannot solve healthcare problems, we have to turn to each other and to technologies that are availabile in the marketplace. I believe that P2P collaboration offers very important solutions that have far-ranging implications for healthcare in the United States and that is why I am an advisor of LendHealth.com.
What is the vision for Lend Health?We are a group of industry experts and healthcare providers who understand the patient-doctor relationship and challenges patients, doctors, vendors, and service providers face. We believe we are taking a unique and comprehensive approach in empowering patients, enabling healthcare providers, and encouraging innovators as well as entrepreneurs in the wellness industry.
Conventional financing methods often result in lengthy wait times, low approval rates especially after a burdensome application process. In recent years, financial technologies have given rise to marketplace and peer-to-peer lending, investing and borrowing options.
For patients, Lend Health utilizes financial technologies to increase access to care with better affordability, higher predictability and approval rates. LendHealth finances fee-for-service care procedures, deductibles, and copays that employers, benefit programs, and health insurance companies do not cover. For providers, we increase the amount and speed of funding. Also, for our target investors which include other health care providers, we can now earn by investing in the industry we understand best. For other investors, we increase ROI and reduce risk and provide what we feel are the best funding solutions in healthcare.
What area/s of fintech do you believe will grow the most in the coming 5 years?I think that the banks are going to realize the potential. They are going to do more online origination, more online servicing. I think that if the industry moves forward, the P2P concept will expand into other areas as well.
That’s not the kind of P2P I’m proposing with LendHealth. There’s a little more of a true industry peer-to-peer component to what I’m suggesting. The origination and servicing platforms will do more in the financial industry in the years to comes.
Stir up the banks, stir up the hedge funds and make sure the fintech movement keeps moving forward. We’re kicking off what we believe is a massive market for healthcare fintech. I’m doing it for the patients and the doctors, that’s what I took the hypocratic oath. We are 21st on the list of countries according to the World Health Organization. In the greatest nation on earth, that should not be.
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Dr. Kianor Shah is a practicing Dentist and Entrepreneur from Orange County, CA. As a traveling healthcare provider, Dr. Shah has practiced in more than 300 offices. As a businessman, Dr. Shah has built numerous co-brand, private label, and Peer-to-Peer partnerships in the Healthcare Industry.
Originally published at www.finteknews.com.
3 Questions with Dr. Kianor Shah was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
Leading-edge technologies and procedures have given rise to a multitrillion-dollar health industry in the US, but despite all the press devoted to government solutions, affordability in the health care sector remains problematic. Notoriously inadequate insurance payouts have traumatized consumers facing expensive procedures, at a time when many healthcare providers are struggling to absorb high costs of technology, training, and other barriers to practicing success. Financial Technology (FinTech) has coined a new asset class for private and institutional investors pertaining to Peer-to-Peer financial lending. Health care remains the largest industry sector. The Bureau of Labor Statistics forecasts that employment of health care occupations is projected to grow 19 percent from 2014 to 2024, much faster than the average for all occupations, adding about 2.3 million new jobs. Health care occupations will add more jobs than any other group of occupations.
Visit me at http://KianorShah.co or http://KianorShahmohammadi.co
Originally published at www.linkedin.com.
Rise of Fintech in Healthcare: Global Trends and Opportunities was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
Multiple sclerosis (MS) is an immune-mediated inflammatory demyelinating disease of the central nervous system (CNS) that is a leading cause of disability in young adults. The damage to the myelin sheath surrounding CNS nerve fibers and to the fibers themselves causes interference in the transmission of nerve signals in the brain and spinal cord. MS symptoms are variable and unpredictable and is different in each patient. A hallmark of this disease is that the symptoms typically fluctuate over space and time. This means that symptoms vary in different areas of the body and different symptoms occur at different times.
Originally published at www.pharmacytribune.com. You can visit me at https://entrepreneurship.dentist
Multiple Sclerosis was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
Personalized medicine involves the use of an individual patient’s genetic (and pharmacogenomics) profile to guide decisions made in regards to the prevention, diagnosis, and treatment of disease.
Originally published at www.pharmacytribune.com. Visit me at https://entrepreneurship.dentist/
Personalized Medicine: A Focused Overview of Pharmacogenomics was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
KIANOR M SHAH, BS, DMD, FCII, FIADFE, MICOI, MBA
EDUCATION
Master of Business Administration, projected completion (MBA): March 7, 2016
Emphasis: International Business — Brandman University Irvine, CA
Current GPA: 4.0/4.0
Master: International Congress Of Oral Implantologists (MICOI): December 28, 2012
Fellow: California Implant Institute (FCII): July 30, 2012
Fellow: International Academy of Dental-Facial Esthetics (FIADFE): November 12, 2012
Fellow: International Congress of Oral Implantologists (FICOI), January 2012
Doctor of Medical Dentistry (DMD), Fall 2001–2006,
Southern Illinois University School of Dental Medicine
Graduation Date: 6/2006
Graduate School and Teaching Assistantship, Attendance: Spring 2001,
Western Illinois University, Macomb, Illinois
Major: Biology (M.S. Thesis Tract)
Cumulative GPA: 4.0/4.0
Bachelor of Science (BS), Valedictorian: December 2000,
Western Illinois University, Macomb, Illinois
Major: Biology — Minors: Chemistry, German Literature
Cumulative GPA: 4.0/4.0
Diploma, Valedictorian: June 1997,
Holbein Schule, Frankfurt, Germany
“A Dentist is a Lifetime Medical Professional, part Artist, part Architect, part Entrepreneur, part Physicist, part Surgeon, part Businessman, part Therapist, and part Community Friend.”
EXECUTIVE EXPERIENCE
- Dental Equities®, LLC
- DBA Patient Advance® and Doctor Advance® and Doctor Club®
- Founder and Managing Member, 2013 — Present
- Kianor Shah DMD, PC
- DBA Nexus® and Extraction Academy™
- Founder and President, 2012 — Present
- Nexus®
- Founder and CEO 2007 — Present
- Advancement of The Art® — Community of Smiles®
- Consult Odont, INC
- Senior Consultant 2011–2012
- Founder 2010, Lead Expert Witness
- Nexus Dental Management, INC
- Chairman and CEO 2007- 2010
- Nexus Real Estate, LLC
- Managing Member 2008–2010
- Nexus Imports, CA
- Nexus Dental Supplies, LLC
- Managing Member 2008–2010
- Nexus Dental Laboratories, LLC
- Managing Member 2008 — Present
- Charles Modern Dental, PC
- Managing Member 2009–2010
- Aurora Modern Dental, PC
- Managing Member 2009–2010
- Modern Dental of Rockford, PC
- Managing Member 2009–2010
- Rockford Modern Dental, PC
- Managing Member 2009–2010
- Shah Dental Clinic, LLC
- Owner 2007–2010
- Innovative Healthcare Delivery Model — Large Box Retail Dental Setting
- Lindenberg Dental Clinic, GP
CA Dental License #: 60314
Active DEA License, CPR Certificate, Malpractice
CLINICAL PROFICIENCIES
Practice in all aspects of general dentistry with additional skills as follows:
- Prosthodontics (Full Mouth Rehabilitation)
- Periodontics (Implant Placement, Restoration, Hard/Soft Tissue Grafting)
- Endodontics (Molar Endodontics and Retreatment)
- Pedodontics (Enjoy Working With Pedo Patients)
- Orthodontics (Clear Correct)
- Oral Surgery (Third Molars — Any Impaction Category/Complex Extractions)
- Esthetics Services (Veneers, Inlays, Onlay, Lumineers)
MANAGEMENT PROFICIENCIES
- Corporate Mission, Vision, Operational Planning
- Inspirational, Motivational, Extemporaneous Public Speaking
- Fortune 500/50 mutual build-out and operating experience
- New Project Expansion Engineering
- Traditional, Strip Mall, Large Box Retail Healthcare Implementation
- Model Efficiency, Efficacy, and Sustainability Restructuring
- Executive, Management Coaching
- Healthcare Provider, Continuing Education, Compliance Training
- Performance Enhancement, Retention, and Succession Planning
- Reorganization, Turnaround Management
- Joint Venture, Strategic Business Partnerships
- Acquisitions, Divestitures, Mergers
- Capital Investment Planning, Finance Transactions
- Cost Reduction, Containment, Profit Optimization
- Market Penetration, Pricing Strategies
- Forecasting, Budgeting
RESEARCH & PUBLICATION
Project Title: The Effect of Mesio-Distal Chamber Dimension on Access Preparation in Mandibular Incisors
- Publication: Nielsen Christen John, and Kianor Shahmohammadi. Journal of Endodontics. 31(2):88–90, February 2005.
- Presentation: SIUE School of Dental Medicine — Table clinics 2003.
Honors Thesis Title: Craniofacial Dimension in Small Anthropoids and Prosimians
- Publication: Runnestad-Connour, Jaqueline, and Shahmohammadi, K. (2000). American Journal of Physical Anthropology (30). 278–9.
- Presentation: American Association of Physical Anthropologists 69thAnnual Meeting in San Antonio, Texas — April 14th, 2000.
Project Title: A One-Pot Synthesis of m-Terphenyls: A Guided Exploration of Reaction Chemistry, Chromatography and Spectroscopy
- Citation: Anam, Kishorekumar T.; Curtis, Michael P.; Irfan, Muhammad J.; Johnson, Michael P.; Royer, Andrew P.; Shahmohammadi, Kianor; Vinod, Thottumkara K. Journal of Chemical Education. 2002 (79) 629.
- Presentation: 35thMidwest Regional Conference Meeting of the American Chemical Society in St. Louis, Missouri — October 267th, 2000.
Project Title: Effects of Cholesterol Emulsification via Lanosterol Modification: Application to Atherosclerosis Threatment and Spectroscopy
- Authors: Andrew P. Royer, Kianor Shahmohammadi, P. James Nielsen, Nektal M. Made Gowda.
- Presentation/Publications: This project is intended as a continuous project for the department of Biology and Chemistry at Western Illinois University for students of interest.
HONORS & AWARDS
- The National Dean’s List
- CAAP in Mathematics
- Honors Research Grant
- TKE Zeta Theta Chapter — Top Academic Scholar Award
- Western Illinois University Honors Research Grant
- Paul M. Nollen Outstanding Biology Honors Student Award
- National Science Foundation (ILI grant no. DUE — 9851569)
- Paul M. Nollen Outstanding Biology Honors Student Award
- Department of Biological Sciences — Honors Research Award
- Department of Chemistry — Honors Research Award
- The Illinois Centennial Honors College Recognition Award
- Outstanding Organic Chemistry Student Award
- The Mary Bennett Outstanding Senior Award
- Fall and Spring Semester Honors, Dean’s List
- WEOG/WIU Foundation Summer School Scholarship
- Summa Cum Laude
- Honors Scholar Medal
- Biological Sciences Departmental Scholar Medal
- College of Arts and Science Scholar Medal
- WIU December 2000 Graduation: Convocation Speaker
- All-USA Academic Team (Honorable Mention USA Today: Feb 15, 2001)
- Phi Kappa Phi National Graduate Fellowship Recipient
- Invention: Oral Complete Care System. Invent-Tech 2005
LANGUAGE PROFICIENCIES
LEISURE AND HOBBIES
- World Travel, Public Speaking
- Studying and Researching Historical Events
- Soccer, Fitness, and Table Tennis
- Dental Politics, Ethics, and Law
PROFESSIONAL MEMBERSHIPS
- International Academy of Dental-Facial Esthetics 2012 — Present
- California Implant Institute 2012 — Present
- International Congress of Oral Implantologists 2011 — Present
- Dental Product Shopper/Dental Product Insights Blogger 2011
- Kaskaskia Dental Assisting Program Advisory Committee 2008
- American Dental Association, 2001–2011
- Academy of General Dentistry, 2001–2011
- Illinois State Dental Society, 2006–2011
- Chicago Dental Society 2011
- American Student Dental Association, 2001–2006
- Illinois Academy of General Dentistry, 2001–2011
- Illinois State Student Dental Society, 2001–2006
- SIU School of Dental Medicine Student Council, 2001–2002
- SIU School of Dental Medicine Year I Class President, 2001–2002
- Psi Omega Dental Fratenity, 2002 — member for life (Sigma Iota)
- Western Illinois University Honors Council, 2000
- Honor Student Advisory Board, Fall 2000
- The Honor Society of Phi Kappa Phi, 1999 — member for life
- Beta Beta Beta — Biological Honors Society, 1999 — member for life
- Affiliate Member of American Chemical Society, 1999–2000
- Society of Physics Students and American Institute of Physics, 1999–2000
- College of Arts and Sciences Student Council, 1999–2000
- Member of Tau Kappa Epsilon Fraternity, 1999 — member for life
- Student Honors Association, 1999–2000
- German Club, 1998–2000
- International Friendship Club, 1998–2000
- Chemistry Club, 1998–2000
- Illinois Centennial Honors College, 1998–2000
Originally published at kianorshah.com.
About was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
Originally published at www.pharmacytribune.com. Visit https://entrepreneurship.dentist/
Personalized Medicine: A Focused Overview of Pharmacogenomics was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
Alzheimer disease (AD) is the most common form of dementia worldwide and is estimated to affect approximately 5.4 million people in the United States. It is projected that the number of cases will rise to as high as 16 million in the United States and > 100 million worldwide by 2050. 1 By 2050, it is predicted that someone will develop Alzheimer’s every 33 seconds. This is a devastating disease that robs a person’s memories, judgment, and independence. AD is creating an enormous strain in families, the health care system, and the federal budget. In the United States, it is the sixth leading cause of death and the only one of the top ten that does not have a means to prevent, cure, or slow its progression. The effect that AD has on public health and family is staggering. The care for people with Alzheimer’s will cost all payers, including Medicare, Medicaid, individual, private insurance, and HMOs, $20 trillion over the next 40 years. In 2011, 15.2 million family members and friends provided an estimated $210 billion dollars of unpaid care.
Originally published at www.pharmacytribune.com.
Alzheimer Disease was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
Medication therapy management (MTM) by definition is a type of medical care provided by pharmacists whose primary goal is to optimize drug therapy and improve therapeutic outcomes for patients. Some clinicians have proposed the integration of pharmacogenetic (PGx) testing into MTM to permit further modification of treatments to reduce risk of adverse responses and improve efficacy.
Originally published at www.pharmacytribune.com.
Management: A Likely Synergistic Combination was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
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KianorShah
“…. part Artist, part Architect, part Entrepreneur, part Physicist and part Community Friend. my other account @ShahKianor Interactions aren’t endorsements.
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Originally published at www.rebelmouse.com.
KianorShah Powered by RebelMouse was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
April 14, 2014 — DrBicuspid.com is pleased to present the next installment of Leaders in Dentistry, a series of interviews with researchers, practitioners, and opinion leaders who are instrumental in changing the practice of dentistry.
After dental school, Kianor Shah, DMD, went into private practice with an established practitioner, then purchased his own practice. After building that practice, Dr. Shah worked as a consultant to group dental practices, observing what worked and what did not within a group practice. Dr. Shah is finishing up a Master of Business Administration while limiting his clinical practice to implantology and oral surgery procedures.
He is also the chairman of Dental Equities, a decentralized peer-to-peer platform where dental professionals can come together administratively, academically, and financially for the benefit of patients and the dental professional, according to its website. Dental Equities is holding its first continuing education event in late June in Southern California.
DrBicuspid.com talked with Dr. Shah about what drove him to found Dental Equities, what he believes are the advantages of private practice, and where group practices may go wrong.
DrBicuspid.com: How did you go from a thriving private practice to founding a firm to help other dentists in private practice?
Dr. Shah: Throughout dental school I was interested in the concept of delegating tasks within a practice to enable my colleagues to be more focused on the patient. I graduated from dental school, associated with a doctor, and learned so much from him. After six months, I purchased my first practice with the help of that other doctor and a conventional bank loan.
After you built your practice, you became a practice management consultant, working with group practices. But now you have founded an organization that works to strengthen private practices. Why is that?
Over the course of these last eight years, I have worked with a dozen members of the largest dental management services organizations and members of the Dental Group Practice Association and have observed their operations very thoroughly. As I learned more, I started questioning the concept of how a group practice serves us in the profession and if it is a viable model.
In what way?
Where we are going wrong here and what people particularly don’t understand is that office managers in these dental practices are there to satisfy management, not to serve the patients or the dentists.
I believe you cannot separate the business side with the clinical side of dentistry. They are so interwoven. For example, some of these larger corporations might have an individual with a master’s degree looking at what kind of cement they are going to purchase and saying, “We’re going to get this cement because it’s cheaper.” The alternative is to have a dentist sitting there and evaluating why this is better for the patient.
Do you take issue with the corporate structure of some group practices, with nondentists having ownership positions?
“I believe you cannot separate the business side with the clinical side of dentistry.”
Yes. The dental practice acts, generally speaking, require a dentist’s agreement with management entities to not compromise the fundamental public purpose of the act, which is ensuring that patients have access to high-quality dental care that is owned, controlled, and supervised by licensed and professional dentists with demonstrated clinical skills who are accountable for their actions.
So there is a big difference between setting up a de facto management entity backed by private equity, and placing one doctor’s name on multiple offices to make it appear compliant, versus actually having a dentist own the practice or have oversight of management.
What do you say to people who think state laws preventing nondentists from owning these companies are wrong?
There are very good reasons as to why those laws were written — to prevent what is happening today. Those who wrote these laws precisely knew that if nondentists and private equity groups took an equity position or any executive role in a dental business or management thereof, it would inevitably create conflicts in fiduciary duty to patients. Not only were they right, but now it behooves us to clean up the mess these third parties have created — as evident by waves of media exposure, and the avalanche of cases draining our courts, tax system, and the morale in our profession, while wasting vast financial and political resources that could actually increase access to care by empowering dentists.
I’d prefer that management provided services a la carte, with an agreed-to flat fee for services to be provided, detailing the scope of services, and contractually outlining management’s role. Management fees should not be tied to the income generated by the practice. When corporate bureaucracy becomes the dominant factor for personalized treatment, we have compromised our own ethical code as dental professionals.
What do you say to your colleagues just out of dental school who have massive debt and think that ownership of a practice is beyond them?
These companies do use this financial situation to entice these dentists to join them. I would tell my senior colleagues that we must unite and enable our junior colleagues, to show them that associating with an existing doctor as a stepping stone to your own practice is still viable.
Leaders in Dentistry: Serge Longin
In the latest installment of Leaders in Dentistry, DrBicuspid.com interviewed Serge Longin of RevenueWell and discussed how to run a practice…
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Originally published at www.drbicuspid.com.
Leaders in Dentistry: Dr. Kianor Shah was originally published in Dental Entrepreneurship on Medium, where people are continuing the conversation by highlighting and responding to this story.
