Eric Lefkofsky may not be able to cure cancer with his data-driven operating system for the healthcare industry, but his company Tempus will make it so treatment can be more effectively determined and delivered. Lefkofsky co-founded Tempus after seeing the problems in his wife’s treatment after she was diagnosed with breast cancer. Her patient information seemed to get lost between offices and things that he thought should be in her history just weren’t. He sought to change this for his wife and every patient.
Tempus will not only revolutionize the industry by making traditional parts of a patient’s history more accessible and interconnected, it seeks to make less mainstream data a regular part of patient care. This includes making handwritten notes searchable, but is also encouraging collecting an individual’s complete genetic profile to get a more complete picture of their health.
Eric Lefkofsky, a graduate of University of Michigan’s Law School, has achieved much success in business as the co-founder of companies like Lightbank, Groupon, and Uptake. He specializes in investing in up and coming technology in many forms. Lefkofsky stepped down from CEO to Chairman of Groupon to put his efforts into Tempus. Currently holding the position of adjunct professor at the University of Chicago, he is also a published author of Accelerated Disruption.
His passion for business and technology is rivaled by his desire to help others. Having already donated millions to charity over the past few years, he and his wife also joined the Giving Pledge and have vowed to donate half of their earnings. Along with founding many successful businesses, he also founded his charitable trust called the Lefkofsky Foundation. His foundation focuses on helping those in and around his community of Chicago with a particular focus on helping children and cancer patients. Eric Lefkofsky is on the board of directors at The Art Institute of Chicago, The Museum of Science and Industry and Children’s Memorial Hospital of Chicago.
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Eric Lefkofsky is co-founder and chairman of Groupon a very popular e-commerce site with coupons and deals for consumers about travel, dining,and consumer products. He is co-founder of Uptake a company that provides analytics to world’s largest companies. These are just a few of the many companies he has funded.
He co-founded Lightbank a venture capital investing group that develops new business and companies. As chairman of Lightbank he invests in innovative technology. Recently he has become co-founder and chairman of a company called Tempus. This company has designed and built an operating system that fights cancer.
Forbes estimates his wealth today at 1.79 billion. The company Tempus plans to design a large genomic database. It will compares an individual’s DNA so that doctor’s can custom design the therapy to the patient. Eric Lefkofsky comfortable with risk and with no background in genetics or medicine self funded Tempus.
When his wife had breast cancer he researched every avenue of treatment. He learned about treatments and the disease. He found that hospitals and doctors were far behind on the use of data. He says that technology has not permeated healthcare the way it did other industries.
Doctors collect data but in many cases do not have tools to analyze the information. He plans a partnership with leading hospitals to collect a large amount of data. His company will provide gene sequencing tests from a lab in North Rive that is 20,000 square foot long.
Tempus will provide doctors with software that provides them a way to compare a patient’s genetic profile to their database. This will help them find what treatments worked most effectively. At Tempus, he hired Kevin White a geneticist and top researcher from the University of Chicago. The company now has almost 100 highly qualified trained staff.
Tempus is owned 50/50 by Lefkofsky and his partner Brad Keywell. Their motivation for investing in this company comes from personal reasons and knowing about a problem and find a solutions. They are willing to invest over $100 million in Tempus to learn more: https://www.tempus.com/about-us/ click here.
Eric Lefkofsky is very active in charitable causes. In 2006 he started Lefkofsky Family Foundation with his wife Liz to fund programs that help change lives in communities. They have contributed to education, medical, arts, and human rights causes. He is a trustee of Lurie Children’s Hospital, The Art Institute of Chicago, and Museum of Science and Industry.