Jan 23, 2015
Transforming HealthcareImprove Quality
Leverage Information Technology
Engage Consumers
Value-based Incentives
Reduce Demand
Big Themes
Behavior Change Telemedicine Quantified Self
Big Data Interoperability Aging in Place
Health Data Tsumani
Drug Research
Test Results
New Health Data Sources
Social Media
Claims
Patient Records Gene Sequencing
Home Monitoring Mobile apps
Actionable Data• 11 million use mobile enabled glucose
monitors• Actionable information • Continuous monitoring?
Blockbuster Potential
Drug?• 47.5% - 5% weight loss (1 year)
mHealth?• 36% - 5% weight loss (3 months)
Omada Health?• Average weight loss = 6.4% (16 weeks)• NIH Diabetes Prevention Program
Continuum of Care
Chronic @ Home WellnessAcute
Terminal Acute Chronic At Risk Healthy
HealthTech = Market Risk
Hospitals
Patients
Consumers
MDs
AlternateCare
User Adoption RiskUsers? Many?Why Use? Often? Acquire? Cost?
Business Model RiskWho Pays? Why? Prove Value?Sustainable Barriers?
Hitting the Pay Wall• 1 of 3 Americans – online for health
information• Of which, 1 in 4 hit “pay wall”
2% paid83% sought free alternate13% gave up
Source: Pew Health Online 2013
HEALTHTECH ?
Market
FDA
Trials
Payment
Product
Venture: Market vs. Product Risk?
> $25K
> $ 1 M
> $5 M
> $15 M
> $50 M
Seed Series A Series B Series C Series D Series E
1 M
VALUATION
$ 10 M
$ 100 M
$ 1 BLIFE SCIENCE
TECH
HealthTech: New Investment Space
• High Market Risk– Healthcare Ecosystem Expertise
• Complex Pain points and Workflows• Regulatory, Multiple Stakeholders
– Unproven Market• Revenue Model, User Adoption
• Low Technology Risk– Quick Prototyping and Launch– Capital Efficient: Few VC rounds
HealthTech Capital Members
Investors
Industry
Service
Physicians
Venture
Collaborative Ecosystem
HealthTech StartupSeed $
Mentoring Validation
Strategic Partner
HealthTech Examples