2021 is going to be a big year for innovation like that and for organizations like the Mayo Clinic to get involved with startups in ways we have never seen before.” “K Health is using artificial intelligence to enable the patient to have a conversation with the company via a phone, and it functions as if you were talking to a doctor,” Brown said. It is collaborating with Mayo Clinic to focus on improving and accelerating the deployment of virtual care models. In November, one of Lerer Hippeau’s portfolio companies, K Health, a New York-based company developing a data-driven digital primary care system, announced $42 million in Series D funding, led by Valor Equity Partners. “It will open up different types of predictive analysis to be used to personalize care,” he said in an interview.ĭata collected everywhere, from apps to electronic medical records to wearables, will enable more comprehensive, digital approaches to health care problems, as well as how we pay and fund health care, Brown added. Lerer Hippeau Partner Graham Brown also expects this area to be one to watch in 2021. Indeed, enhancing patient care is one of the drivers of data interoperability, or working across all systems, a market within health care poised to reach $5.3 billion by 2027, according to Emergen Research. Any company that can make data collection and analysis more seamless, as well as loop the patient into the decision-making process, will be most useful, she added. health care system produces 1 zettabyte of data annually, enough to fill up hundreds of thousands of data centers, and that is only expected to double every year from here on out, Mitra said.Īs a result, data is being shifted in different directions and patients are suffering because they are not able to gain access or insights easily, she added. She predicts the health care data infrastructure will be the backbone of the whole health system. “It will be on-demand, higher quality, priced competitively and the user interface and user experience will be watched heavily by Gen Z and millennial patients.” “We will see the digitization and consumerization of the patient experience,” Mitra said. “Coming out of this will be innovation combining technology with artificial intelligence to address the next pandemic in record time, produce out-of-the-gate vaccines, and collaboration with other companies and the government.”Įxpect health care in 2021 to be more like interacting with Netflix and Amazon, said Priyanka Mitra, a principal at M12, which invests in software-related companies, in an interview. “There is a renewal of interest in community health and an appreciation for vaccines,” DeWitt said. Last year’s global pandemic increased the public’s awareness and understanding of how interconnected the world is, a view that will mature in 2021, Ann DeWitt, a general partner at The Engine, which invests in health care companies, said in an interview. Investments in 2021 could rival 2020 as investors expect innovation to come from areas such as data interoperability, mental health and personalized care. Investors in the space poured record investment dollars into digital health startups in 2020: $14.2 billion globally and $9.2 billion domestically, according to Crunchbase data. Digital health startups are likely to see continued opportunity, investment and initial public offerings in the new year as people rethink the way health care is delivered.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |