Sign In

Colin Anawaty

CPO @ First Dollar | Flexible infrastructure for health spending benefits.

Professional Background

Colin Anawaty is a distinguished entrepreneur, angel investor, and a passionate lifelong technologist who has firmly established himself in various industries, including advertising, entertainment, finance, and healthcare. With a robust career spanning several startups and high-profile organizations, Colin is known for his strategic vision and innovative approach to business. Currently, he is the co-founder and chief product officer at First Dollar, a pioneering technology company focused on building healthcare benefits infrastructure.

Colin's venture into entrepreneurship began with the co-founding of Patient IO, a care coordination platform where he played a crucial role as the CPO, leading product development from inception through its acquisition by athenahealth in 2016. During his tenure at athenahealth, Colin served as Executive Director, where he was in charge of overseeing multiple value-based care initiatives. His contributions to athenahealth were vital, especially during its transition into a private-equity merger with GE Healthcare. Colin’s background in product management, coupled with his entrepreneurial spirit, has allowed him to drive significant growth and innovation within the organizations he has been a part of.

Colin is not only dedicated to his professional pursuits but is also an enthusiastic mentor and advocate in the tech community. He has been actively involved as a Techstars mentor, imparting his knowledge and experience to budding entrepreneurs. He values the importance of education and shares his insights as a guest lecturer at the University of Texas, where he inspires the next generation of innovators and business leaders. Additionally, Colin is committed to community service and often steps up as a policy advocate when needed, demonstrating his dedication to making a positive impact.

Alongside his illustrious career, Colin balances his professional life while raising a family that includes two boys and a beloved English Bulldog in their home in Austin, Texas. His passion for family and commitment to fostering innovation reflects his balanced approach to life, combining personal and professional growth with community involvement.

Education and Achievements

Colin Anawaty's education laid the foundation for his successful career. He studied BBA, Marketing at the prestigious Texas McCombs School of Business, where he garnered the skills essential for his future endeavors in product management and entrepreneurship. The marketing principles he mastered during his time at McCombs have helped him navigate the complex worlds of tech and business with finesse.

Throughout his career, Colin has held numerous pivotal roles that have contributed to his extensive expertise. He has held positions at notable organizations such as:

  • Executive Director, Product Management at athenahealth: Leading initiatives in value-based care helped pave the way for innovative healthcare solutions.
  • Director of Product Management at athenahealth: His strategic direction was crucial for product development at a critical time for the company.
  • CPO, Co-founder at Patient IO: His leadership guided the company from its inception through a successful acquisition.
  • Product Director at MPower Mobile, Inc. and Rêv Worldwide: His creativity and strategic thinking facilitated the launch of successful products in these dynamic environments.
  • Founder of Plerts Inc and Saltlick Labs: His entrepreneurial spirit shone through as he developed new business concepts and strategies aimed at driving growth.
  • Advisory Board Member at Dell Medical School: Colin has played a key role in advising on matters that intertwine technology and healthcare, paving the way for future innovations.

Colin's work has not only showcased his business acumen but also highlighted his ability to influence change in industries that greatly impact people's lives. His achievements reflect a deep-seated commitment to enhancing healthcare through technology and driving forward-thinking initiatives.

Notable Achievements

  • Successful Acquisition of Patient IO: One of Colin's standout accomplishments includes leading Patient IO from its inception to its acquisition by athenahealth. This success not only validated his vision but also contributed significantly to the technological landscape of patient care.
  • Executive Role at athenahealth: During his time at athenahealth, Colin was instrumental in overseeing various healthcare initiatives that improved care delivery and patient outcomes. His experience here solidifies his standing as a leader in healthcare technology.
  • Mentorship and Community Engagement: Colin’s role as a Techstars mentor and guest lecturer at the University of Texas demonstrates his dedication to nurturing the next generation of entrepreneurs. His advocacy for educational initiatives further emphasizes his belief in the power of knowledge sharing.
  • **Boar

Highlights

Aug 29 · linkedin

🇺🇸 Exciting news! This week is #HSAWeek and the #IRS released a proposal extending more choice for employees in placing employer retirement contributions, enhancing flexibility and personalization based on individual needs. I'm looking forward to being in DC in two weeks for the American Bankers Association #HSA Council to learn more about this & upcoming policy opportunities that can help bring more relief to Americans.

🏦 Calling all banks with Commercial or Retirement divisions! Interested in offering a holistic solution for customers facing $350K+ in healthcare costs at retirement? Reach out to First Dollar to:

  • Drive sticky, low-cost deposits onto your core
  • Empower sales teams to win employer groups and boost market share
  • Enhance customer satisfaction with integrated health spending benefits in retail and online experiences

#Banking #FinancialServices #HealthcareCosts #RetirementPlanning #CustomerSatisfaction #401Ks #HSAs #IRAs #HRAs #529s

Aug 23 · linkedin

🚀 Excited to share First Dollar's partnership with Wintrust Financial Corporation to power their Workplace Solutions Wallet for #HSAs, #FSAs, #HRAs, #LSAs and more. We couldn't be more excited as this is just the start toward a fully integrated, digital experience for their commercial employers and retail customers.

🏦 This was one of the fastest direct-bank integrations and 0-to-1 new product launches I've seen in banking with respect to the complexity and compliance-heavy processes that happen behind the scenes. Very proud of our R&D team on a number of major strides made this year to directly integrate and process #NACHA.

🤠 Midwest hat tip to the Wintrust leaders who made this partnership possible and worked tirelessly to support the rapid speed to market. Sarah Grooms, Kam Kniss, Mark Siebold, Lisa Russell, CFC, HSAe, and Jim Kloss.

Related Questions

How did Colin Anawaty's background in marketing influence his approach to product management in healthcare technology?
What were the key factors that contributed to the successful acquisition of Patient IO by athenahealth under Colin Anawaty’s leadership?
In what ways has Colin Anawaty contributed to the advancement of healthcare technology as a member of the advisory board at Dell Medical School?
How has Colin Anawaty balanced his professional commitments with his roles as a family man and community advocate?
What insights can Colin Anawaty share from his experiences as a guest lecturer at the University of Texas to aspiring entrepreneurs and business leaders?
Colin Anawaty
Add to my network

Location

Austin, Texas, United States