Finding Some White Space

Healthcare is in dire need of innovation There are tons of areas to target from a market segmentation perspective — patient engagement, provider engagement, personal cloud (both patients and providers), research, clinical trials, infrastructure, devices and sensors, patient-reported outcomes, virtual visits, care collaboration (including messaging), price transparency (inclusive of payer and plan selection), quantified self, and a few others I’m probably forgetting or lumping into the above. As somebody who’s working in healthcare, this really excites me. There are so many potential areas that can be explored with such far-reaching impact.

Of course there are landmines that make it challenging to build and distribute new, innovative, and potentially disruptive solutions in healthcare. Healthcare organizations that won’t take big risks, regulatory challenges, cash problem,  and entrenched vendors unwilling to partner or integrate. The challenges make it more worthwhile, but I’d be lying if I said there aren’t times when I want to beat my head against a wall. Those times don’t last.

Read more...

The Leap from Medical Devices to Digital Health Services

This post isn’t related to my last post on exits in healthcare, but it does cover a recent specific exit. Acquisition activity is a great way to see how companies and segments of the industry are trending. It’s also a good way to see when a trend hits a tipping point and industry players start to take notice.

The Leap from Medical Devices to Digital Health Services

Take Practice Fusion as an example. It acquired two companies (100Plus and cakehealth) that were focused on consumer-facing health tools before launching Patient Fusion. Ryan Howard, CEO and founder of Practice Fusion, is an investor in companies like Ring-a-doc, which offers a value-add tool that can be integrated into EMRs.

Read more...

What’s Your Exit Strategy?

What’s your exit strategy? We’re fundraising , so I’ve been hearing this question a lot. I understand the need for both the question and my answer since I’m asking an investor for money, but it’s funny to me to think about an exit when I’m building and planning an entry. Either way, starting and exiting go hand in hand.

What’s Your Exit Strategy?

I prefer to think about building something that’s of value to customers. Specifically, something of enough value to get customers to pay for it. If we can succeed in that in healthcare, we’ll build something that’s very likely valuable to a much larger company. Healthcare is full of very large companies, many of which innovate through acquisition of smaller companies.

Read more...

The API Landscape in Healthcare

Kyle wrote a great post last  this week on APIs, specifically looking at Greenway vs. athena. He also gave a high-level overview of why RESTful APIs and the preference developers have to work with JSON as a data structure. I touched on APIs earlier this week as well when I wrote about "digital omnivores" and the use of the same service, Gmail for example, across different devices and using apps from different vendors to access the same data (Google Gmail).

The API Landscape in Healthcare

APIs are powerful and are leveraged to build many of the tools that we use today on mobile and web. APIs are just starting to emerge in healthcare, or at least are starting to get some traction. Or maybe my perception is off because I’m entrenched in this world. Are you seeing and leveraging more APIs?

Read more...

Epocrates Mobile Trends 2013

Athenahealth-owned Epocrates published its mobile trends report for 2013 this week. Epocrates has impressive reach in the clinician space. Its reports on mobile usage and trends are worth looking at.

Epocrates Mobile Trends 2013

The survey and report included over 1,000 clinicians — MDs, PAs, and NPs. It says that respondents spent 93 percent of their time "providing direct patient care." The activities included in "direct patient care" must include charting, billing, and a whole bunch of things, which is a sad thought.

Read more...
↑ Back to top

Founding Sponsors

Platinum Sponsors