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Richard Frank, MD PhD
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  • Entrepreneur-in-Residence, DigitalDx Ventures Women in Leadership
  • Member, CPT Editorial Panel summary-panel-actions.pdf
  • Chair, AI Working Group & Co-chair, Telehealth WG, AMA digital-medicine-payment-advisory-group
  • Chair, Bias Policy Working Group, Medical Imaging Technology Alliance [MITA]
  • Member, Advisory Board, ABAIM [American Board of AI in Medicine]
  • Chair, Medical Imaging Informatics Section MITA
  • Chair, Coverage and Research Committee, MITA
  • Member, AdvaMed CMO Committee, Coverage Reform Committee, Digital Health Joint Committee
  • National Lung Cancer Round Table (Member, Advanced Imaging) Screening Coverage Decision
  • Member, FDA Medical Imaging Drugs Advisory Committee, fda-drug-safety-communication-GBCAs
I bring 3 decades’ global success in a) regulatory labeling of, b) public and private coverage and payment for, and c) clinical adoption of, therapeutic and diagnostic drugs and devices including AI. My interests include addressing product-, market-, or delivery system-specific inefficiencies and issues which burden payers and delay or skew patients’ access to the benefits of innovation. I am devoted to the development of and advocacy for clearance to market and payment for healthcare AI, including regulations, standards, coding, and coverage policy [ AI Taxonomy ] by working with medical peers among the stakeholders in each opportunity.
  1. Design and conduct of clinical trials programs from phase I to post-market registries
  2. Leadership of product teams to develop and implement clearance, coverage, & adoption strategy
  3. Persuasive engagement of peers in regulators, payers, professional societies, patient advocacy groups
  4. Expert testimony to Ministries & agencies re; innovation, eg radiation dose, image quality, clinical pathways
  5. Formation and leadership of industry groups to develop and advocate industry policy positions
  6. Development of coalitions and public-private partnerships to grow capacity in healthcare delivery networks
  7. Creation and implementation of a taxonomic framework for reimbursement coding and coverage for AI
  8. Harmonization of descriptors across labeling, coding, and coverage globally for AI, eg via IMDRF
The credibility and network accruing to 3 decades’ pursuit of objectives shared among industry, academia, NGOs, and government agencies has facilitated my opinion leadership in clinical evidentiary standards and related matters of government policy, particularly regarding AI, and result in appointment to external committees such as the NAM workshop on barriers to AI [facilitating-clinical-adoption-of-AI], GAO Report on AI [gao-barriers to AI], and the Pew Charitable Trusts workshop on bias in AI [bias-in-AI-enabled-health-tools].
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  • People
    • TEAM >
      • Michele Colucci
      • Eric Weiss
      • Anula Jayasuriya
      • Vanessa Small
      • David Kirk
      • Melody Po
      • Sharad Mishra
      • Maureen Downey
      • Valerie Kozak
      • Vivian Lu
    • EIR >
      • Jerry Lanchbury
      • Debbie Lin
      • Michael Doherty
      • Laura Yecies
      • Jean Machart
      • Laura Mezey
      • Ramin Khaksar
      • Alissa Hsu Lynch
      • Anita Samarth
      • L. Jasmine Kim
      • Swami Raote
      • Mrunalini Parvataneni
      • Doug Ross
      • Scott Ashworth
      • Richard Frank
    • Advisors >
      • Deborah DiSanzo
      • Russ Altman
      • Rebecca Maciera-Kaufman
      • Saul A. Fox
      • Girish Narayan
      • Maureen A. Spivack
      • Ferid Murad
      • Ronald Wyatt
    • Fellows >
      • Apply for Fellowship
  • Focus
    • About Us
    • Market Opportunity
    • Market Segmentation
  • Portfolio
    • Portfolio Companies
    • News
  • Impact
    • ESG + DEI
    • Gender Parity
  • Press
    • Press Releases
    • Events/Video