After years of speculation about a possible name change, Health 2.0 has become mHealth & Associates. My partner Co-Chairman and CEO Indu Subaiya and I didn’t take this move lightly. We were though concerned that the tired “2.0″ moniker is now thoroughly discredited by the emergence of the fully interoperable semantic Web, particularly as it’s been demonstrated in the healthcare sector in the US in recent years. In addition leading luminaries such as Chris Schroeder have finally realized the importance of the brand new smart phone devices that we’ve been ignoring for most of the last decade. And after some prompting, we were convinced by the intellectual rigor of the wider mHealth movement with its clear definition of mobile health, including the incorporation of highly portable technologies such as televisions bolted to the walls of hospital rooms.
Admittedly, while mHealth Intelligence and the mHealth Challenge roll off the tongue, we were a little stuck by what to call our main Fall conference–our organization’s best known event. But while mHealth Summit, mHealth Conference and most other variants are already use, we think that clear market visibility will surround out new name. So instead of the 8th Annual Health 2.0 Fall Conference, this September we’ll welcome you to the First mHealth Confabulation.
Finally we wanted to acknowledge the role of our wider movement, our team and our 75 chapters across the globe, so we have added the “*& Associates” moniker to the name. In recognition of their contributions all mHealth colleagues will now be known as Mobile Health Associates or in its shortened version, as an “mHealth Ass.” Indu has suggested that I adopt the title of “Biggest mHealth Ass.”
Filed Under: Health 2.0, THCB
Tagged: digital health, Health 2.0, Matthew Holt, mHealth, mHealth Summit, Startups
Apr 1, 2014
From childhood most of us remember the sage parental advice on how to deal with bullies–“sticks and stones can break my bones, but words can never hurt me”.
Of course, we all know that words do hurt, maybe not physically, but they certainly take a toll on our psyche.
These days in planning meetings at my own company, in articles I read on the web and at various tech industry conferences, I come across words and language that I know feel hurtful, or are at least disrespectful, to the health industry and the people who work there. I hear cavalier talk about the need to disrupt the healthcare industry.
Some thought leaders even say we will creatively destruct the healthcare industry. Consumers armed with technology will rise up, they say, and disrupt everything about the current state of healthcare.
Now imagine for a minute that you are a hospital executive, a doctor, a nurse or other clinician and you hear people who work outside your industry talking about disrupting or destructing it.
Imagine being told that consumers, patients, and tech companies will rise up and destroy your business.
There you are doing the best you can to make it through each day keeping your hospital or practice economically sound, dealing with the barrage of patients at your door, staying one step ahead of ever-increasing rules, regulations and rising costs, while those who’ve never worked a day in your world tell you they are going to disrupt and/or destroy it.
Even if there is a need to disrupt healthcare (and even many who work in the health industry might agree), nobody appreciates being told by some outsider that they know your business better than you do.
I don’t imagine my colleagues who work at Microsoft (or Google, or Apple, or Amazon) would appreciate being told by a hospital administrator or a doctor that they knew better how to run a tech company, or what ails the tech industry.
Nor do I think that most patients and consumers can really appreciate the amazing complexity of our healthcare system or the unbelievable pressures under which it operates these days.
Continue reading “Why the Creative Destruction of Healthcare May Not Be Such a Good Idea”
Filed Under: THCB
Tagged: Bill Crounse, communication, Creative Destruction, Disruption, Silicon Valley, Startups
Mar 18, 2014
Last week I went to a panel presentation sponsored by the group NYC Health Business Leaders on the rollout of New York State’s health insurance exchange. Among the speakers was Mario Schlosser, the co-founder and co-CEO of the venture-capital-backed start-up health insurance company Oscar Health, which offers a full range of plans through New York’s exchange.
As NPR reported last month in a story about Oscar, “it’s been years since a new, for-profit health insurance company launched in the U.S.”, but the Affordable Care Act created a window of opportunity for new entrants.
Schlosser began his talk by giving us a tour of his personal account on Oscar’s website, www.hioscar.com. Among other things, he showed us the Facebook-like timeline, updated in real time, which tracks his two young children’s many visits to the pediatrician.
He typed “my tummy hurts” into the site’s search engine and the site provided information on what might be wrong and on where he might turn for help, ranging from a pharmacist to a gastroenterologist, with cost estimates for each option.
Additional searches yielded information on covered podiatrists accepting new patients with offices near his apartment and on the out-of-pocket cost of a prescription for diazepam (which was zero, since there is no co-payment for generic drugs for Oscar enrollees).
As an audience member noted, none of this is new exactly. What is new is to have this kind of data-driven, state-of-the-art user experience being offered by a health insurer. Schlosser told the audience that Oscar’s pharmacy benefit manager and other vendors are providing the company with real-time data that other insurers have not demanded.
Continue reading “Can Oscar Succeed In Making Health Insurance Fun? Maybe Not Just Yet. But the Startup Is Shaking Things Up …”
Filed Under: THCB
Tagged: consumer driven health, Innovation, Insurers, Kate Greenwood, Mario Schlosser, Oscar, Startups, The ACA
Feb 24, 2014
Conversa is a brand new company, aiming to fill the space between physician visits with easy and useful communications between doctors and patients. The logic is that most health care happens outside the exam room, but most of the effort of automating health care has been put into recording what happens in the medical setting, with little feedback or follow up from patients (HealthLoop is another company aiming at this space).
Why are we featuring Conversa? Well somewhat unusually for a Health 2.0 startup they come with buckets of experience. CEO West Shell was at the helm at Healthline, Product Head Phil Marshall built lots of tools at WebMD and Chief Marketer Anna-Lisa Silvestre was behind the roll out of probably the biggest patient portal ever at Kaiser Permanente.
I got all three of them on the video-line to tell me about Conversa.
Learn more about Conversa’s launch here.
Filed Under: Health 2.0, Matthew Holt, THCB
Feb 13, 2014
Let’s get the disclaimer out of the way:
We love Uber.
As physicians with roots in the Bay Area, we use Uber all the time. The service is convenient, (usually) swift and consistently pleasant. With a few taps of a smartphone, we know where and when we’ll be picked up — and we can see the Uber driver coming to get us in real time.
When the vagaries of San Francisco public transit don’t accommodate our varying schedules, it’s Uber that’s the most reliable form of transportation. (It might be that we like having some immediate gratification.)
So when we caught wind of the news that Uber’s founding architect, Oscar Salazar, has taken on the challenge of applying the “Uber way” to health care delivery, there was quite a bit to immediately like. From our collective vantage point, Uber’s appeal is obvious. When you’re feeling sick, you want convenience and immediacy in your care — two things Uber has perfected.
And who wouldn’t be excited by the idea of keeping patients out of overcrowded emergency rooms and urgent care waiting rooms? The concept of returning those patients to their homes (where they can then be evaluated and receive basic care) seems so simple that it’s brilliant.
Continue reading “Uber for Health Care?? Not So Much.”
Filed Under: Tech, THCB
Tagged: Ali Ansary, Ali Khan, consumer driven health, Innovation, Iora Health, One Medical Group, primary care, Startups, Tasce Bongiovanni, Tech, Uber
Feb 6, 2014
Ryan McQuaid, former Head of Product for AT&T mHealth and friend of Health 2.0, joined Matthew Holt to discuss the launch of his brand new startup PlushCare. And when we say brand new, we mean as of writing this post, their Indiegogo campaign is a mere 23 hours old. PlushCare combines elements of telehealth and concierge medicine to provide basic health care via phone, email, and video chat for $10 per month. Busy working professionals can use the service to connect with Stanford MDs for same-day diagnosis and treatment of illnesses or injuries. The physicians provide advice, prescribe medicine, and will refer directly to primary care providers and specialists if necessary.
PlushCare removes the hassle of scheduling an in-person doctor visit, and provides the same care at lower costs. In addition, for each individual that purchases PlushCare, the company provides one child a lifetime of immunity to measles. PlushCare is currently accepting a limited number of members via their Indiegogo campaign to validate demand and user test. Several other companies are using a similar model of tech-enabled services, including American Well and Teladoc, but the space is sure to see more activity at the prospect of pushing basic care out of the doctor’s office in a way that is convenient for consumers and increases provider efficiency.
Filed Under: Health 2.0, Matthew Holt, THCB
Tagged: Health 2.0, Indiegogo, Plushcare, Stanford, Startups
Jan 31, 2014
More than ever, hospitals are squeezed by demands to reduce costs, operate more efficiently, improve patient safety and outcomes, reduce readmissions, and earn high patient satisfaction ratings. We’ve entered an era where accountable care and pay for performance increasingly dictate hospital revenues.
While technology alone can’t enable hospitals to meet their challenges, there’s a burst of innovation around health tech tools that offer hospitals new pathways to harnessing data, managing performance, and providing better care all around.
What better opportunity for hospital CIOs and CTOs to get a close look at emerging possibilities than the upcoming Health 2.0 2013 Fall Conference?
Here’s a sampling of five budding technologies with game-changing potential for hospitals.
Health Recovery Solutions’ has developed a care management system that scores discharged hospital patients on their re-admission risk daily and intervenes when necessary. The tools are built around a software platform on tablets that patients take home, enabling interaction with trained health coaches and nurses who can intervene when needed.
Catch a demo as part of Health 2.0’s Improving the Inpatient Experience: Tools for Hospitals, a breakout session demonstrating new and dynamic ways to break the structural cycles underlying readmissions.
Continue reading “Five Must-See New Technologies for Hospitals at Health 2.0″
Filed Under: Health 2.0
Tagged: Health 2.0, Health 2.0 Fall 2013 Conference, HIT, Hospitals, Lori Houston, Startups
Sep 26, 2013
Last year was a banner year for digital health, as the market saw significant growth in funding, bigger deals and new investors entering the space. So what’s in store for 2013? According to a survey of nearly 140 digital health entrepreneurs and over 50 health care information technology venture investors, conducted by my venture capital firm InterWest Partners, we are in for another exciting ride this year. In the survey, we asked which sectors will see the most love from investors in 2013; which companies (if any) will see a $1 billion valuation; where they are having trouble recruiting; and which digital health entrepreneur would win “Survivor: HCIT Island” The answers? Well, it all depends who you ask.
Continue reading “Investors Are from Mars. Entrepreneurs Are from Venus”
Filed Under: THCB
Tagged: digital health, entrepreneurship, Funding, Health Insurance Exchanges, InterWest Partners, Michelle Snyder, Practice Fusion, Startups, venture capital
Feb 20, 2013
“Hey doctor, what do you think about this product/solution/service?”
These days, I look at a lot of websites describing some kind of product or solution related to the healthcare of older adults. Sometimes it’s because I have a clinical problem I’m trying to solve. (Can any of these sleep gadgets provide data — sleep latency, nighttime awakenings, total sleep time — on my elderly patient’s sleep complaints?)
In other cases, it’s because a family caregiver asks me if they should purchase some gizmo or sensor system they heard about. (“Do you think this will help keep my mom safe at home?”)
And increasingly, it’s because an entrepreneur asks me to check out his or her product.
So far, it’s been a bit of a bear to try to check out products. Part of it is that there are often too many choices, and there’s not yet a lot of help sifting through them. (And research has shown that choices create anxiety, decision-fatigue, and dissatisfaction with one’s ultimate pick.)
But even when I’m just considering a single product and trying to decide what to think of it, I find myself a bit stumped by most websites. And let’s face it, if I visit a website and it doesn’t speak to my needs and concerns fairly quickly, I’m going to bail. (Only in exceptional cases will I call or email for more information.)
So I thought it might be interesting to try to articulate what would help me more thoughtfully consider a product or service that is related to the healthcare of older adults.
Continue reading “How Doctors Think About New Technologies”
Filed Under: THCB
Tagged: Data, Design, Entreprenuership, Geriatrics, Startups
Jan 30, 2013
Healthcare providers are finding their “play it safe” culture isn’t conducive to breakthrough innovation.
Facing the inevitable deflationary pressures being put upon the healthcare system, innovation is critically needed. Having spoken with several innovation groups in health systems, most examples of “innovation” are decidedly uninspiring. Primarily, it is due to the fact that virtually all of their decisions have to go through the prism of how new ideas will fit with current businesses — a guarantee that will doom so-called innovation to be little more than incremental improvements. Consequently, increasing numbers of hospitals and health systems are smartly allocating money to venture funds that have free reign to find truly disruptive new businesses.
Health systems have taken various approaches such as becoming a Limited Partner in venture funds like Health Enterprise Partners. Some of the larger systems, such as HCA and Dignity Health, have their own venture arms. A new development is a much smaller organization establishing their own venture fund. Implicit in this approach is a much more hands-on approach than as an investor in a 3rd party venture fund. Rex Health Ventures is an early example of venture-capital investment funds in the country started by a community, nonprofit hospital (Rex Health Care). The fund is being launched with an initial $10 million investment from Rex Healthcare and will help finance the most promising innovations among new medical services, tools and technologies.
Continue reading “Innovation Case Studies: Small Hospital Venture Funds”
Filed Under: Uncategorized
Tagged: Dave Chase, David Strong, Investment funds, New York Digital Health Accelerator, Rex Health Ventures, Rex Healthcare, Rock Health, Startups
Nov 26, 2012