When people think about changes in how cancer is treated, they might immediately begin to think about radiation and medication. Tempus is looking to change how it is treated by changing how it is documented. Co-founded by the Eric Lefkofsky who also co-founded the e-commerce giant Groupon, Tempus has plans to disrupt the healthcare industry by using data in order to allow doctors to find the best treatment methods for patients based on their biology and specific aspects of their disease.
Prior to Tempus, data was not being implemented in a way that Eric Lefkofsky thought was truly effective. While technology had changed many other industries, he believed that the healthcare industry was not keeping up with the times as much as they could be. He came to this conclusion after watching someone he cared about go through treatment for cancer. He set out to see if there were any companies trying to use technology to manage patient data in the way he thought it should and realized that there weren’t. At this point, the took the problem into his own hands and set about creating a solution.
Eric Lefkofsky is very familiar with disruptive technology and how it changes whole industries. His venture fund Lightbank funds startups who are developing disruptive technologies that he thinks could potentially change the world. Lightbank provides much of the funding for Tempus and their efforts to change cancer care and eventually healthcare in general.
Solutions are the most important things to focus on rather than ideas according to Eric Lefkofsky. While people can come up with ideas, if there is no problem that it solves it likely will not be a success. He has been involved with the creation of multiple companies throughout his lifetime and each of them was designed to solve a problem that he believed needed to be addressed. He thinks about these potential solutions throughout the day even when he’s not at work. The ideas that he comes up with will consume such a large part of his life that he feels compelled to make his ideas a reality.