University at Buffalo School of Management

Buffalo Business - Spring 2022

The magazine for alumni and friends of the UB School of Management

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12 Buffalo Business Spring 2022 But, he says, a lot of entre- preneurs are launching start- ups on the supplier side of health care—the kind like Somogyi's that deliver new vaccines, drugs, medi- cal devices and soware solutions. One of the newest startups in the health care IT space is Opollo Technologies LLC, winner of the 2021 Panasci Technology Entrepreneurship Competition. Founded by Ryan Young, MD '20, MBA '21, Opollo™ is a cloud-based artificial intelligence platform that learns from a wide range of health care data to provide more accurate surgery duration forecasts than existing methods. Opollo Technologies also empowers its customers to monetize their efficiency by selling the resulting open time slots to insurance companies on the Opollo Exchange, a marketplace where medical services are bought and sold. "Using my UB education, I've been able to merge seem- ingly different concepts such as quantitative finance, artificial intelligence and medicine together to solve a real-world prob- lem and improve the health care system for everyone," says Young. "The complexities of medicine can unexpectedly alter the time a surgery may take, which can be frustrating for staff and patients, and costly for health care facilities. Opollo reduces costs by preventing some of the overestimates, while on the revenue generation side it opens up additional time slots, increasing revenue and patient access to care." Danielle Blount, MBA '16, serves as project manager for Launch NY, a nonprofit venture development organization head- quartered in Buffalo. In addi- tion, she coordinates the ECO Incubator program, which focuses on clean-tech companies, giving her a firsthand look at how data is revolutionizing health care Blount Young Photo Illustration: Douglas Levere "Every day, we're unlocking data that wasn't previously available—and making that data understandable to people without medical degrees is where I can see entrepreneurs playing a big part in the health care field moving forward." — Danielle Blount, MBA '16

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