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Kai Skallerud, MD, Other MD/DO, Chicago, IL

KaiSkallerudMD

Other MD/DO Chicago, IL

MD '24, MBA '22 Founder & CEO of Speak IT

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Summary

  • Kai Skallerud is a dual-degree MD/MBA student who is on a mission to become a physician-innovator. He is committed to providing high-quality patient care and advancing the healthcare industry for the benefit of patients and providers alike. Here’s how Kai got to where he is today.

    After completing his undergraduate studies in Biology and Psychology at Washington University in St. Louis, Kai moved to Rush Medical College in Chicago to pursue a career in clinical medicine. During his training, he began to comprehend the vast complexities and challenges in the US healthcare system. Rising healthcare costs, labor shortages, inadequate medical insurance coverage, data security and sharing restrictions, excessive charting and administrative burden on providers, the COVID-19 pandemic, and so on. Unfortunately, this list barely scratches the surface of the challenges in our $4 trillion-a-year healthcare industry, and the effects of these challenges are not benign.

    This newfound perspective inspired Kai to pursue a dual degree MBA so he could develop skills to act on meaningful opportunities for innovation. Today, Kai specifically focuses his entrepreneurial efforts on improving the #1 contributor to healthcare provider burnout – clinical documentation tasks in the EHR.

    The demands of modern-day medical charting place an excessive burden on providers and ultimately detract from, rather than benefit the provider-patient relationship. Further, administrative and billing tasks, which are intimately related to the medical charting process, account for $1 trillion of the total $4 trillion in US healthcare spending each year. Thus, in advancing the efficiency and ease of medical charting, Kai believes we can reduce administrative expenses, improve the root cause of provider burnout, and most importantly, improve a provider’s ability to deliver high-quality patient care.

Education & Training

  • Rush Medical College of Rush University Medical Center
    Rush Medical College of Rush University Medical CenterClass of 2024
  • Washington University in St. Louis
    Washington University in St. LouisMBA, Entrepreneurship Concentration, Chancellor's Scholar; Honors in Innovation and Entrepreneurship, 2021 - 2022

Awards, Honors, & Recognition

  • Contrast (Formerly Speak IT) named one of the 25 "most-promising tech companies in St. Louis" St. Louis Business Journal, 2022
  • Honors in Innovation and Entrepreneurship Washington University in St. Louis, 2021-2022
  • Chancellor's Scholar Washington University in St. Louis, 2021-2022

Publications & Presentations

PubMed

Journal Articles

  • A virtual innovation bootcamp to remotely connect and empower students to solve COVID-19-related medical problems  
    Mario V. Russo, Abhinav J. Appukutty, Aadit P. Shah, Harsha K. Mohan, Andy G. S. Daniel, Andrew Pack & Richard Xie, Nature Biotechnology, 6/15/2022

Professional Memberships

  • Society of Physician Entrepreneurs
    Member
  • Illinois State Medical Society
    Member