Academy of Achievement Logo
Home
Achiever Gallery
Keys to Success
Achievement Podcasts
About the Academy
For Teachers

Search the site

Academy Careers

 
Elizabeth Holmes 2014, Health Technology Revolution

Get the Flash Player to see this player.

Permalink: Email Video

Elizabeth Holmes 2014 Audio

Health Technology Revolution
Introduction

At age 19, Elizabeth Holmes dropped out of college. Ten years later, she was the youngest woman in the world to become a self-made billionaire. She had entered Stanford University as a chemical engineering major, but after asking herself, "What is the greatest change I could make in the world?" she set out to create a new technology that would process medical tests faster at lower cost. She left school in 2003 and—with the money her parents had saved for her education—started a company to develop her patents. That company, Theranos, is now valued at $9 billion, with Holmes herself retaining more than 50 percent ownership. Rather than physically shipping vials of blood to a centralized location for testing, Theranos draws a few drops into a cartridge that is loaded into a compact device for analysis. Results are sent wirelessly to a secure database, reducing the errors and delays that occur with human handling. Up to 30 tests can be performed on a single sample, and the results are shared directly with the patient. Pharmaceutical companies are now partnering with Theranos for new drug testing, and Walgreens has announced plans to open Theranos "wellness centers" in all of its 8200 pharmacies. The low cost of Theranos blood tests may save patients, insurers and the government hundreds of billions of dollars in the next decade, while empowering consumers to manage their own health care. In this podcast, recorded at the 2014 International Achievement Summit in San Francisco, Ms. Holmes describes her company's innovative blood testing method as the first component of a long-term effort to reduce the many inefficiencies in our healthcare system, potentially saving both lives and dollars on a massive scale.



View More Podcasts
Each of the symposium presentations are excerpts from the 48-year history of International Achievement Summits. The audience is comprised of hundreds of promising young people selected to attend by the Academy.
Sort by: Most Recent, By Name
Reid Hoffman and Joi Ito  2014 (Part 1), Social Media Pioneers

Reid Hoffman and Joi Ito 2014 (Part 1)

Social Media Pioneers
Reid Hoffman and Joi Ito  2014(Part 2), Social Media Pioneers

Reid Hoffman and Joi Ito 2014(Part 2)

Social Media Pioneers
Elizabeth Holmes 2014, Health Technology Revolution

Elizabeth Holmes 2014

Health Technology Revolution
Dr. Khaled Hosseini 2008, Author, <i>The Kite Runner</i>

Dr. Khaled Hosseini 2008

Author, The Kite Runner
Louis Ignarro 2014, Nobel Prize in Medicine

Louis Ignarro 2014

Nobel Prize in Medicine
John Irving 2005, National Book Award

John Irving 2005

National Book Award
Steve Jobs 1982, Chairman and Co-Founder<br />Apple Computer

Steve Jobs 1982

Chairman and Co-Founder
Apple Computer
Dereck and Beverly Joubert 2009, Award-winning Documentary Filmmakers

Dereck and Beverly Joubert 2009

Award-winning Documentary Filmmakers
Naomi Judd 2008, Entertainer and Humanitarian

Naomi Judd 2008

Entertainer and Humanitarian
The Hon. Hamid Karzai 2002<br />(Part 1), President of Afghanistan

The Hon. Hamid Karzai 2002
(Part 1)

President of Afghanistan
The Hon. Hamid Karzai 2002<br />(Part 2), President of Afghanistan

The Hon. Hamid Karzai 2002
(Part 2)

President of Afghanistan
Thomas Keller 2014, Culinary Impresario

Thomas Keller 2014

Culinary Impresario
Anthony M. Kennedy 2014, Justice of the United States Supreme Court

Anthony M. Kennedy 2014

Justice of the United States Supreme Court
Salman Khan 2012, Pioneer of Online Education

Salman Khan 2012

Pioneer of Online Education
Coretta Scott King 2004, Pioneer of Civil Rights

Coretta Scott King 2004

Pioneer of Civil Rights
Carole King 2014, Grammy Award for Lifetime Achievement

Carole King 2014

Grammy Award for Lifetime Achievement
B.B.King 2004, King of the Blues

B.B.King 2004

King of the Blues
Wendy Kopp 2006<br />(Part 1), Founder, Teach for America

Wendy Kopp 2006
(Part 1)

Founder, Teach for America