42: Creating businesses that change healthcare

Today my guest is Setul G. Patel, MD, MBA, a physician colleague of mine. He is an emergency medicine physician who has founded or co-founded many businesses. Setul has a passion for people and to improve healthcare for those in the U.S. and across the world.

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“You never fail. You always succeed or you learn.”

Show Highlights:

  • Setul is an experienced healthcare and business executive. His background includes healthcare administration, clinical emergency medicine, field EMS, and business leadership.
  • He has always maintained his clinical practice as cornerstone to his administrative duties. Setul shares how he has structured his clinical work as an emergency physician to keep it enjoyable.
  • Setul obtained his Master of Business Administration (MBA) from the University of Tennessee in 2008 and started his business career.
  • Throughout his career, Setul has brought transformational change to the organizations he has led.
  • He founded FormulaMed as a healthcare consulting firm. Currently, he is developing technology enabled healthcare on an onsite and offsite telehealth platform.
  • He also founded Girish Capital to assist with capital and venture needs of young entrepreneurs and healthcare startups, leveraging his ability to successfully scale businesses.
  • Setul enjoys photography. (Proceeds from sales are donated to a charity in Houston to support the homeless.)

About me:

I’m an experienced physician executive with over 30 years of clinical and administrative experience in various healthcare settings. I’m passionate about coaching and mentoring physicians interested in transitioning to full time or part time non-clinical roles either within the healthcare industry or external to healthcare. I have served as a COO for an emergency medicine management company, CMO for several hospitals, Vice-president of ambulatory quality for a large multispecialty medical group, Vice-president of system quality and safety for a multi-hospital system, along with numerous medical staff positions and other administrative roles. 

Connect with me:

Website: https://physiciansbeyondthebedside.com/

Facebook: https://www.facebook.com/NormMD.BTB

Twitter: https://twitter.com/beyondbedside

YouTube: https://www.youtube.com/channel/UCMVkvrQa3LULExRtPNvkkuw

LinkedIn: https://www.linkedin.com/in/nchapinmd/

Instagram: https://www.instagram.com/ubeyondthebedside/

Additional Resources:

07: How to determine if the MBA is right for you

Physician Executive MBA Haslam College of Business University of Tennessee

Setul G. Patel, MD, MBA – LinkedIn

FormulaMed

Girish Capital

Setul Patel Photography *Proceeds from sales are donated to a charity in Houston to support the homeless.

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