Three key things every health care startup should know



Three key things every health care startup should know

From: bizjournals.com/boston

Sky Ventures Group has high hopes when it comes to health care innovation, saying that its members are bullish on how innovation might change health care for the better.
The Boston-based investment group subsequently held a panel in mid-October to analyze the industry, bringing together investors from Samsung, Blue Cross Blue Shield’s investment subsidiary Zaffre Investments, and the Unit for Innovative Healthcare Practice & Technology at Brigham and Women’s to move innovation forward.

According to Eyal Geffen, managing partner of Sky Ventures Group, here are some takeaways for the startup community from the event:

Mobile technology is leading the health care startup trend
The intersection of technology and healthcare continues to blur with every passing day, resulting in genuine improvements in patient experience, quality of care, and medical results. This “connected health” meta-trend is enabled by the profusion of inexpensive, highly-accessible mobile broadband access, coupled with the spillover of exceedingly powerful consumer smartphone and tablet technologies into the professional healthcare domain.

Startups need to be focused on patient and provider experience
Technologies like speech recognition, vivid graphical representations of data, real-time video, and so on, have not only become vital tools in the drive toward connected health, but they have unleashed vast amounts of entrepreneurial innovation as startups recognized more and more opportunities to improve healthcare delivery and management to the benefit of patients and providers alike.

Innovators need to connect with investors to excel
Like all waves of innovation, connected health needs to be fueled by a robust ecosystem of strategic investors and partner networks in order to ensure the fullest potential of all the greatest ideas is realized.


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