Tuesday 22 November 2016

Health IT investors share lessons learned from early investments

If you were to ask a healthcare investor what their investment strategy is, it is likely the product of some brilliant foresight, a little luck, and some lessons learned from bad experiences or near misses.

In a series of phone and email interviews, we picked the brains of health IT investors at four firms. We asked them what they learned from early investments and how those lessons and insights informed their strategy going forward. One theme that threads its way through the investment narrative of these companies is that technology is all well and good, but you need a service to support it as well.

Cotiviti (originally iHealth) and athenahealth were two of the firm’s first investments made in the space, Lamont said in an email.

“They were very much about fixing broken processes through software, services, and data. That’s been our approach – addressing a broken system and improving it through the powerful combination of software, data, and services.  That’s particularly the case when behavior change is an important part of what needs to happen to improve healthcare and materially bend the cost/quality curve.  Appropriately, Aspire Health, Quartet Health, VillageMD and Axial Healthcare all have service as a component.” For the full article click here 



from health IT caucus http://ift.tt/2fAUDnq
via IFTTT

No comments:

Post a Comment