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Examples of Health Startup Opportunity

Posted on December 21, 2011 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Anyone that is part of the healthcare IT and EMR world has to realize that we’re in a really incredible time for healthcare IT and EMR. There’s has never been more energy, excitement and actual investment in the Healthcare IT world than there is now. If you don’t believe me, buy your ticket to Las Vegas and attend HIMSS 2012 and I’m sure you’ll see what I mean. I have a feeling that HIMSS Las Vegas is going to be bigger than ever with more money flowing as well.

Just to provide a few examples of what’s happening, the prominent IT investor Esther Dyson has invested in 20 Health IT investments. That’s a whole lot of investment in healthcare IT. She obviously sees some real opportunities available at this time in health IT.

Another recent announcement was the recent batch of 15 Rock Health Startup companies. This is just one of at least 3 or 4 health focused incubators out there. Plus, the latest batch of health IT startup companies from Rock Health even has Neil Versel singing their praises after a previous not so glowing review of the health startup incubator (or health accelerator if you prefer).

One other thing that is easy to underestimate is the value that the US government is putting on supporting healthcare innovation through entrepreneurship. Normally I’m as skeptical as anyone in putting any sort of faith in government to produce results. I still think they have their hands tied in a lot of things, but I give a lot of credit to Aneesh Chopra, Todd Park and Farzad Mostashari for doing their very best to kick against the challenges of big government while enabling health entrepreneurs to be successful.

Priya Ramachandran wrote about an example of one initiative the government is putting forward to help entrepreneurs: Access to Public Health Data. Every time I hear someone talk about the data that’s available from these public repositories of health data, the entrepreneur inside of me kicks in with ideas on how to use that data for good.

It is a really tremendous time to be an entrepreneur in healthcare. I do think we still need a better platform for health IT startups to launch their products and get funding. I have a few ideas I’m working on in this regard. More on this in the future.

Lots of Investment in Healthcare IT

Posted on June 24, 2011 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

There’s been a ton of interesting news about investment in healthcare IT lately. Much of what I’m seeing is happening in the mobile health space. No doubt mobile health is a really exciting market right now and I think it’s also really exciting because the cost to develop a mobile health app these days is so low.

Here are some interesting investment groups, incubators, etc that are focusing on healthcare IT:
Healthbox – A leading venture capital firm and incubator for startup companies launched Healthbox to focus exclusively on the healthcare industry. They offer $50,000 in seed capital, along with standard incubator services (office, mentor/leaders, etc) and are based out of Chicago. The program will culminate in an investor’s day (I might have to get Neil Versel to attend the investor’s day).

Rock Health – Another startup seed-accelerator program that offers $20,000 along with mentorship and office space for 5 months. It just started this month in San Francisco and has connections to a lot of the major players in healthcare.

Blueprint Health – A startup accelerator based in New York City. It provides $20,000 of seed capital along with mentorship and a work environment to be able to build your idea. They’re initially planning for 10 companies.

Startup Health – This isn’t an investment vehicle yet, but I could see it becoming one very quickly. It’s part of the Startup America Partnership and has some big names like Time Warner Chairman and CEO, Steve Krein, Esther Dyson, and the founders of Health 2.0 Matthew Holt and Indu Subaiya.

I’m guessing that there are even more programs that I’m missing. I’d love to learn about others in the comments as well. Either way, it’s exciting to see all this investment happening in healthcare applications.

HealthTap Launches First Interactive Expert Health Companion — Free to All

Posted on April 22, 2011 I Written By

There are numerous apps out there to help you monitor your help but here is a brand new one that is also free.  It currently only supports pregnancy and the first year of life but will be expanding into all fields in the near future.  The full release can be seen here, but here are the major features that it will offer:

How HealthTap Works

Consumers on HealthTap can:

* Create a Home for Health with personalized health feeds, a dynamic customizable checklist, and secure storage of health information.
* Get succinct answers and tips from doctors, data from an extensive proprietary medical Knowledge-Base, and validated insight from community members similar to them.
* Find trusted doctors locally and nationally by exploring their insight, expertise and care.
Print a personalized Doctor Visit Prep-Sheet to make the visit smoother and more productive for both doctor and patient.

U.S. licensed physicians admitted to HealthTap’s Medical Expert Network can:

* Grow their practices and improve the quality of care that they provide patients, while reducing costs through HealthTap’s one-of-a-kind digital platform.
* Automatically amplify their knowledge and broaden their reach in social media.
* Create their own Online Medical Home where they can easily store and share their medical wisdom, extending relationships with patients beyond office hours.

“HealthTap is revolutionizing the way people and physicians find, share, and use health information, both on- and offline,” said Dr. Alan Greene, HealthTap medical director and clinical professor of pediatrics at Stanford’s Lucile Packard Children’s Hospital. “HealthTap puts us all — physicians and users — on the same page, delivering an integrated health experience that gives patients succinct, actionable medical information from trusted doctors — anytime, anywhere. Simultaneously, it empowers physicians to effortlessly extend their wisdom and improve the quality of patient care beyond their office hours.”

To join HealthTap’s free public beta, visit www.healthtap.com.

About HealthTap
HealthTap, your Home for Health, is an Expert Health Companion that tailors information to each of its unique users based on their individual health characteristics. HealthTap’s free, interactive Expert Health Companion combines expert input from physicians, together with community insight, and data from its proprietary medical Knowledge-Base to help users make better decisions about their health and well-being. The HealthTap team includes highly experienced and accomplished members who have built health and mobile applications that have served hundreds of millions of people. Based in Palo Alto, HealthTap is backed by Mohr Davidow Ventures and prominent Silicon Valley angel investors, including Esther Dyson, Mark Leslie, and Aaron Patzer. For more information, visit www.healthtap.com.