From Organizing Your Medical Records on Your IPad to Never Heard Before Songs From Johnny Cash

Rebecca Jarvis reveals what you need to know on Real Biz 3.25.2014.
3:00 | 03/25/14

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Transcript for From Organizing Your Medical Records on Your IPad to Never Heard Before Songs From Johnny Cash
Welcome to real this I'm Rebecca Jarvis -- New York City and here's what's on our radar today. An app that lets you take control of your health care records. They candy -- IPO craze and revival of a legend Johnny -- long Los album goes on sale today without the music and his only son right here on -- is below -- to get right to it. Here's something every one who's taking care of mom or dad programming -- but now. The big binder filled with medical records or in my family's case piles upon piles of paper records. The bottom line you never have the info you need when you need it and there -- a new start -- that is tackling that very problem. Giving you an easier way to organize those crucial health care records. Joining us on Skype is the founder of that start up it's called -- doctor and she is Leon Cohen thank you so much for being with us. And here in studio John Malloy is general partner and co-founder of the run pictures hello doctors leading bastard John was also. An early investor in PayPal eBay and ways and it's and I have both of you with us I'm excited to be here. I was there with you John because health care is a big focus of yours what's happening what's changing in the health care industry right now that technology is making happen. So my primary my expertise is actually the area of mobile and -- I'm looking at as I look for inefficiencies what's the next great market that's gonna get disrupted by mobile. And clearly it has to -- health care that there's it's such -- tremendously inefficient market. When you talk to my on the -- the -- and we start with just basically using what you already have the tools that you have your iPad. Your phone to organize your life. To to make the most important decisions helped. Here is expensive and inefficient my on. How did you come up with -- ID and how does it actually work. -- your excellent personal use the mouse ears and my partner at the time was innocent brain tumor and I just silence -- collecting records from hospitals clinics and convenience. V.s -- cystic it'll Sudanese and minor. Com and asked her again we didn't restore Graham's story now owns two years and -- asked him. We won and after again parent and just decided that this is -- -- I want assaults and an impossible to control their house. Solving it is easier said than done though when you have so many different parties that this system of record keeping even at so many different places is so different. How did you bring everybody on board. -- desecrated and IT hello doctor -- to do today is angry all the Atlantic records. This -- of paper and digital and a one simple. You can -- pictures. And send your -- -- and 97% of Americans she gets bigger crop is still under recent records. Digital records you can just weren't -- or connect assistant leader on teams to the system and and that's -- -- -- that the user. It -- -- so useful to me I have a grandmother in Minnesota and a grandmother in Naples Florida and it's like every time I visit either one of them anyone in the family visits either one of them. It's a mad search around their homes to find the records and try and figure out how to keep copies of it. Who actually using this app is -- the people who are using the doctor's medical care their services or is that the families are trying to keep track of everything. This product is actually more design for you because you're already in the information age you already -- very familiar. With an iPad for example there's no learning her there's no learning curve at all and what it does is it helps you -- -- organized for the person you're giving care to the people you care about. And how many people have downloaded at this point. You know that I actually don't. -- -- But you but you're confident that this is something I mean just from seeing it is the kind of thing that is probably going to be very useful a lot of people I can imagine in my own family. -- absolutely I mean you said earlier changes people's lives. That's the first step is just organizing with the tools that we have the next thing I think is gonna happen in health care and mobile. Is that we have to -- to start to organize the data itself. Across all these different areas that there's information about us as people start to add different sensors. That that information to the compound but the ability to actually -- -- -- organize that data it doesn't exist today. -- -- you on this right now because I can imagine there -- there is an antiquated system that's out there there are some people who benefit from an antiquated system. Getting all those parties on the same page is difficult -- it's it's. It's not so much a direct fight everybody wants better health care it's a question of do we have the will to make it happen there's a lot of reasons for no. That are against innovation but it really it's really just because it's such a large system that -- connected. There's an upfront cost -- -- if if everybody were on the same page there would be that up -- cost yes. Well it's gonna happen incrementally these these things there's a lot of different areas that these this innovations gonna happen to it is but it's inevitable. If you look at the way we live our lives and protect more more importantly where children live our lives it's inconceivable that that when you go to your doctor's office. All the information that's could be known about -- not at their fingertips and today it's not that's not sustainable I will change. I think that the concern from a consumer standpoint all of it sounds really good but the security side of it we have zero privacy. Now it -- you put everything on line you have so little privacy. What does the consumer give up by putting this out there -- and how secure is this -- So there's other parallels to this look at the financial services industry you now know in great detail. What your bank what the status yeah -- that you do everything from your phone if you're if you're up to speed right. So that's that's what we're talking about it's actually putting the control in the hands of the consumer. That's going to happen it's just a question -- what time horizon I think within five years this happens five years five years what do you expect to see in five years I think within five years when you go to the doctor. You will be able to pull up information about yourself. In an organized way across a variety of different types of networks. So that you can present a more holistic view of your health I look at it as. Today you're looking at two dimensional data about yourself it's flat it's a piece of paper somebody facts that if you can believe in this industry -- facts still. Eventually we should have a three dimensional view we should have a holistic view of what's -- what's the status of your health you always have a mobile device with you increase we're gonna have sensors. We can collect the of the data that matters about you as -- moving out of a -- in the real world and updated based upon from the last -- -- had. No -- filling out paper forms every day go to that the crew that's one of the things that. His crazy to me as you fill up that paper every time -- you circle part of your body. Like that what's wrong with you describe what's wrong with you that conversation should should be figurative and it should be done automatically. -- thanks so much for joining us appreciate it thanks for having me. Will Wall Street be as sweet on candy Preston's that's half a billion users and how should retail investors -- the next -- IPO mania ordering and Steve court says he is founder of -- here's TJ -- -- firm that provides research of the biggest players on Wall Street. He's joining us from Chicago know and -- What do you think it is candy -- it's its actually its king the maker of Getty trust that is likely to go public tomorrow what do you think this -- Yes -- -- it's candy day on Wall Street but will it be trick or treat. For investors and you know I would first say that I do like this company it's it's priced reasonably compared to some of its peers object creators of things like farm bill and Zynga. But the reason -- price reasonably at least compare them is because it really is a one trick -- something digital is really completely reliant. On candy crushed and it is actually a mania 93 million people play this game worldwide. Every single day that's like every single German citizen waking up and -- candy -- Every day. Now having said that how the IPO going to do honestly I don't know but I would caution regular investors IPOs are incredibly tricky and I think they're probably. Best left to Wall Street -- to the pros. So tricky and you mention how big of a -- king has in this company I mean the fact of the matter is king gets 80% of its revenue from candy crash so. Even -- -- -- billion -- games pleaded day they got to come up with another candy -- candy pressed to point out in order to continue making the kind of money they're doing today. That's right it's as I said I do actually like this story and my guess is it's there will be a sweet ending. For candy -- but I think it's too risky for most investors at least with any kind of real stake as far as investment I would also just caution IPOs more generally it's a good sign and we've had a lot of big IPOs lately in the market not surprising given that were close to all time highs in the S&P 500. But I -- the risk there is dilution what I mean that is -- offering a lot more stock up there -- analogy would be compared to a sports league which sports -- are doing very well they -- to expand to go to new -- -- -- the risk there I think every every fan knows -- the -- there though -- -- other too many teams is it easier to -- talent spread among too -- to many teams so I think that they -- the risk of -- the risk of over expansion in the stock market is significant we see lots and lots of big. IPOs. Steve one last question for you -- you -- Johnny Cash. I absolutely but I loved walk the line movie as well that is the right answer because that we have a very special treat thank you so much -- courts as for joining us from Chicago this morning. First we -- a listen to this it's never before heard before it's the song from the iconic music legend Johnny Cash. -- -- -- -- -- -- -- -- She -- the love me -- little love let. We'll need. -- again and they're now I can believe us in good. That was a sneak peek at the music video she used to love me a -- eleven years after Johnny cash's death his music comes to life in the new album. Out among the stars and who better to reveal the revival of this record. And the man who discovered it Johnny Cash is only son John Carter cash and he's joining us now on -- is that so nice to have you with thank you for having a lot of good to be here is only what the story behind this -- found its music. Well my father recorded. Out among the stars mostly in 1984. Ten of the twelve songs from the CD with producer Billy -- -- Nashville. At the time my father wasn't get -- attention. In Nashville in the from the industry. And the fans really either that I feel like he was really deserving. And and this album was literally shelved its like the way -- -- you -- full record that was done back -- So that it wasn't long after that -- dropped and whatnot. But still this great music was there it was part of you know the history of what he did couple years ago we -- discovered these tapes. Just wonderful stuff. Energetic you know policies here. I look you know words define what good Johnny Cash record is it's going to be divert his lot of different subject. That it has songs about states needs that is left for -- -- You know it's gonna have energetics. In -- -- in this record insolvent since some. Very excited Hillary and I feel like it's something that he really one of the world here but it just never got released. And now eight you can imagine in this day and age eleven years later -- social media so something like this. You can get whether or not you would do big media outlets -- you get the -- -- -- much different way than when he was originally. -- you know you'll definitely definitely so you know and I mean. My father of the picture of who he was -- has endured because I believe that his integrity. So no no matter what is going no social media or how people perceive my father -- you -- you investigate them. -- find this this. The spirit within that is you know beautiful and inspiring and -- if it catches like wildfire. What was he like as a father equipment that was he was a gentleman and then he truly was -- people a lot of people I believe have this image of my dad has been sort of a dark. Character of the man in black and -- Johnny Cash. You know had this this image and that's all part of -- he was pressure. But but he was a -- -- and he would rather laugh than it would crash he Jeb Bradley can't tell -- yeah yeah yeah yeah they had ever so and then that was a big part of through my dad was was. Was the humor that made him up and and also. There's a lot of humor actually in this -- among the stars. Records so it's exciting. I know this is going to be difficult but do you have a favorite song of your father's over over the history of his life you know. Look what I'm really excited about right now -- the duet with my mother that's on this record it's called baby -- easy. Baby right here idea units in its -- that reminds me an army of Jackson or you know that kind of -- -- energy and just intensity and I'm also a reminder when -- hear it. That their love and 1984 was as close as they had ever been and his closest ever would there was truly inspired to lead at that time but I love the stuff we -- with Rick Rubin also in the -- -- because I actually worked in the studio with him. You worked in the studio with -- what do you think he would say about that just didn't beaver is of the world now. And. I hate hate you know he'd invite him over and you know I -- overhead feeding dinner and you know -- -- He taken fishing probably did you tell him you know don't. Do things like these types of things that you're getting cut I don't know you know dad wrote the book Obama's effect episode you know him he would never judge you know anybody -- was he strict. As your father. Now see you could get away with a lot of -- got away with too much it's really the is there anything you regret getting away -- Get your act this year -- that what outlets. Yeah and now -- still get away with stuff I regret. -- -- around today. What do you think he would think about all of this the fact that this finally after all of this time is going to be hurt by so many people. You you know them. His creativity was always. He adapting and moving was innocent so beautiful and its own right way to do things. And I believe he would be inspired -- -- this was coming out right now because he he gave his full heart. And everything that he did and to know that a piece of history that he thought -- passed him -- was suddenly in the forefront he'd be inspired truly. This is also a business clearly can't meet in order to have this stuff out there in half today. And you're in now the teacher business with lucky brand yeah. That the some great -- that you can get -- lucky brand this is this is really -- course you can hold it up the image from the from the you know from the from of the you know. Johnny Cash and of course this is this is a light colored teacher message you're in the dark hair -- dark colored teacher of the men in black -- So people have options yes yes yes how tough is in black in a day in age like this where music is free and so many places. How tough is it to be in this business and how different is it from when you recant and -- -- You know I mean that the songs are still -- -- as much as they ever were coming much more than they ever were so mean it's a different face of industry. But but what remains is the endurance and beauty of music within our society culture and that's just. That's everywhere -- music is more accessible music this is easier to -- you can pick what you wanna hear. And you know the industry is adapting -- and ended it it's you know it's out of necessity of course. But you know I mean it -- it's it's the money is made in different ways and -- you know possibly that it was before it's not on CD sales all of them. But the heart and integrity of the people love music as much as they ever did so that's not going -- Well we are so happy to have you with us John Carter cash only cash. Best wishes with everything the new album out today all right great thank you Rebecca thank you. And take you for joining us unreal but as we want to hear from -- what is your favorite. You know it's tough to pick but what is your favorite Johnny Cash song tweet us at real -- with RJ until next time. This is Rebecca Jarvis from New York have a great Latin.

This transcript has been automatically generated and may not be 100% accurate.

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