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5 lessons learned while assisting Healthcare startups

In the first 4 years of operations, we had worked with a Population health product which was pivoted from a Wellness product, a Patient Management product, and a Health Management platform. In the last 18 months, we have worked/ working on two TeleHealth products, another Population health, a Behavioral Health, and two Health Management products.

 

healthcare startups

 

Personalized Population Health Management - a patient-centered approach

Population health begins with the patient and revolves around a comprehensive health and care record. Data Scientists are continuously learning the new human behavior of different population “cohorts” and correlating with individual patients’ health, for improved care outcomes. This trend is gaining a lot of traction and bringing innovations in population health management (PHM) domain.

Teladoc acquires virtual medical expert consultation platform Best Doctors

Telemedicine giant Teladoc has acquired Best Doctors, a virtual medical consultation company, to enable a connected care platform focused on improving outcomes for some of the most complex medical conditions. Under the terms of the deal, which is expected to close next month, Teladoc will pay  $375 million cash and $65 million of Teladoc common stock. The company reports it has secured $360 in financing from Jeffries Finance LLC and Jeffries Group LLC.

Integrated care services provider Medvivo acquires Expert 24 to build out its clinical decision support tools

UK-based Medvivo, which provides integrated services ranging from telemedicine to connecting people with primary care outside of normal office hours, has acquired clinical decision support company Expert 24. The purchase price of the deal was not disclosed, but investment firm Eight Roads provided the funds.

Outcome Health gets $500 million for patient education, activation tablets

Outcome Health, a maker of waiting room screens and tablets for patient education and pharmaceutical marketing, has raised at least $500 million in first round funding, lending the company a valuation of around $5 billion. Goldman Sachs Investment Partners, Alphabet’s growth equity investment fund CapitalG, Leerink Transformation Partners, Pritzker Group Venture Capital, and Balyasny Asset Management are a few of the many investors in the round, along with some undisclosed strategic investors that include health systems and other stakeholders.

Improved continuous monitoring of hospital patients boosts staff efficiency

Healthcare CIOs should study CEM and alarms and notifications platforms for potential productivity gains.

Continuous electronic monitoring (CEM) of vital signs has begun to spread from intensive care units (ICUs) to medical-surgical floors and other low-acuity areas of hospitals. Some hospitals are using standalone bedside monitors that communicate with nurse call stations and supplement manual patient checks by nurses.

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