List Of Post By Tag


Health Care Information Technology: Venture's New Darling?
Written by Anne DeGheest // 20 July 2011 // Entrepreneur
As traditional venture-like returns are harder to generate from drug development and medtech plays, some frustrated VCs see new opportunities in health care information technology, an area many have traditionally avoided Paul Bonanos, Start-Up 06/01/2011 

"....With health care costs spiraling upwards, VCs see an opportunity to create businesses via IT to cut costs out of the health care system. Government initiatives such as the Affordable Care Act and the HITECH Act are galvanizing a tech-ready industry that has been slow to adopt new procedures and may provide VCs with potential new buyers for their fledgling companies".

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Angels with green wings: Investors support innovative health-care ventures
Written by Anne DeGheest // 17 April 2011 // Angel funding, Entrepreneur

On April 12, 2011, Mary Beth Hislop from the Los Altos Crier wrote an article about Anne DeGheest's efforts with her new angel group HealthTech Capital:  Health care was a $2.5 trillion industry in 2009 - in 2007, $2.2 trillion. It's a safe bet that amount was higher last year, and will be again in 2011.  So when seasoned angel investor and Los Altos Hills resident Anne DeGheest realized that 80 percent of that money is spent on health-care delivery systems, she saw an opportunity for investors to support innovations designed to reduce the costs of delivering health care. With a master's degree in engineering from the University of Belgium, a master's degree in business administration from Harvard University and 25 years' investing experience with MedStars Ventures Partners, De Gheest launched Los Altos Hills-based HealthTech Capital in June 2010. Unlike other health-care investor groups that focus on funding startup companies for therapeutic drugs or medical devices, HealthTech's goal is to support technological innovations that improve health-care delivery and reduce costs.  "Our sweet spot has minimal or no government regulation oversight by the Food and Drug Administration or centers for Medicare and Medicaid services," DeGheest said.  What makes HealthTech's business model special is that startup support involves more than monetary funding. "(This) is a new private-equity investment model that leverages professional investment management oversight with the collegiality and shared expertise found in organized angel-investor groups," she said.

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Angels, startups looking to blend health care, IT
Written by Anne DeGheest // 06 April 2011 // Angel funding, Entrepreneur
On March 18, 2011, Lisa Sibley wrote an article in Silicon Valley / San Jose Business Journal:  Silicon Valley is at the forefront of an emerging industry that blends the health care sector with the computer and consumer electronic worlds. The goal is to improve the way personalized health care is delivered and lower the cost by tapping into information technologies.

Investors and companies in the space say the field is on the cusp of explosive growth as the health care field seeks ways to save time and money through innovation. They are focused on combining therapeutic efficacy (drugs/devices) and process efficiencies (delivery) in a market that totaled $2.5 trillion in revenue in 2009.

Focused on this space is a new Los Altos-based investor group, HealthTech Capital, and fresh offerings from Silicon Valleystartups such as Doximity Inc., Epocrates Inc., and Castlight Health Inc.
HealthTech Capital came out of stealth in Marchcommitted to funding and mentoring startups in the healthtech space. It hasattracted more than 40 members, from accredited angel investors and doctors to venture capitalists including Advanced Technology Ventures and Canaan Partners, the California HealthCare Foundation, and major corporations Adidas AG and Unilever Nigeria Plc.
HealthTech co-founder Anne DeGheest said she envisions HealthTech Capital being a catalyst to bring technologies like these to market.

Read the full article in Silicon Valley / San Jose Business Journal

Anne DeGheest on Where the Action is Heading in Healthcare: Delivery, Delivery, Delivery
Written by Anne DeGheest // 06 April 2011 // Angel funding, Entrepreneur
On April6, 2011 in Xconomy, Luke Timmerman published a nice article on our efforts with HealthTech Capital:     Talking with the angel investor Anne DeGheest the other day was humbling. After all, I sweat out long days and nights digging up news and features on what I think often represents the leading edge in healthcare capitalism—new drugs, medical devices, diagnostics, etc.

All that innovation is worthy of attention—she apparently didn’t want to hurt this biotech scribe’s feelings too much—but if you really want to find where the action is heading in healthcare, DeGheest insists it’s in something she likes to call “healthtech.”

What DeGheest is talking about is sort of a catch-all for healthcare delivery technologies that used to be what venture capitalists considered the boring part of healthcare. New drugs and devices represent about 16 percent of the total $2.5 trillion U.S. healthcare market, she says, while the rest of the market is focused on the delivery side of healthcare, like the everyday transactions that happen at hospitals and clinics. Now that President Obama’s healthcare reform effort is the law, and most everyone agrees that healthcare costs need to be somehow corralled, it’s time for a wave of innovative new healthtech companies that are focused on improving care and reducing costs—not adding new costs like with all those innovative drugs and devices.

“Venture capital and entrepreneurship have been focused on drugs and devices for 20 years,” DeGheest says. “I want to look at the other 84 percent of the market. Several forces are coming together at same time, to change the way we practice healthcare in this country, in a way more cost efficient way.”

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Angels, VCs Come Together to Back Health-Care Tech Makers
Written by Anne DeGheest // 12 March 2011 // Angel funding, Entrepreneur
On March 11, 2011, Timothy Hay, from Venture Wire, wrote the following article on VC Funds News:
A group of Silicon Valley venture capitalists, angel investors, corporations and health-care providers have banded together to invest in companies that assist in the delivery of health care, a market some investors say has been woefully underserved.

 "I've been a lonely pioneer in funding health-care technology," said Anne DeGheest, a founder and managing director of newly formed HealthTech Capital, who is also a managing partner at MedStars Venture Partners, a two-person early-stage firm with an emphasis on health care.

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