Anne DeGheest


WSJ: Beware of Health IT Bubble: Not Enough ‘Actual Business Plans’
Written by Anne DeGheest // 04 February 2014 // Angel funding, digital health

Veteran VC Says Beware of Health IT Bubble: Not Enough ‘Actual Business Plans’ 

Timothy Hay from the Wall Street Journal  wrote a great article after he interviewed me.

With software executives filling out the roster at this year’s JP Morgan Healthcare Conference, and with the reported IPO plans of medical cost-transparency software provider Castlight Health at a $2 billion valuation, information-technology for the health-care industry is beginning to look nearly bulletproof as a sector. But with feverish activity and high valuations comes the danger of a bubble, said veteran investor Anne DeGheest, who was an investor and entrepreneur through the tech boom of the 1990s, and who founded Sand Hill Road firm HealthTech Capital several years ago.

Ms. DeGheest has invested extensively in medical devices and in health-related information technology, and she said she learned in the ‘90s to read the signs of an economic bubble. She sees some of those signs today, telling Venture Capital Dispatch of a potential “Series B crunch” as a number of health entrepreneurs without solid business plans try to raise money from investors.

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Will Digital Health succeed? Any lessons from the Dot Com eHealth failures?
Written by Anne DeGheest // 02 February 2014 // digital health

 HealthTech and Digital Health investment doubled in 2013 to over $2 Billion. However, over 73% went to seed and series A investments, with still a flat amount of deals funded by venture capitalists at the series B and C stages. Are we going to see a growing funding crunch for all these young companies or will we see increasing VC investments?

Will the Digital Health movement succeed? Any lessons from the Dot Com eHealth failures?

With new digital health accelerators opening doors weekly across the country, are we running the risk of another Dot Com like “Bubble”, when too many companies got started with poorly defined business models and an over exuberance of early seed capital that led to a terrible funding crash that killed most of them, including several very good ones?

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Smart Fabrics and Wearable Technology 2014 Conference
Written by Anne DeGheest // 27 December 2013 // Conferences
I will be a judge on the venture panel at the Smart Fabrics and Wearable Technology 2014 Conference next April 23-25 in San Francisco, CA. Conference venue information: Merchant’s Exchange:  465 California Street #1600 Event San Francisco, CA 94104
HealthTech Capital invests in WildFlower Health
Written by Anne DeGheest // 11 December 2013 //

Wildflower Health Closes Series A Round to Fund Enterprise Expansion for Mobile Health Platform

SAN FRANCISCO, CA, December 10, 2013

Wildflower Health, maker of mobile maternity program Due Date Plus, announced today that it has closed a Series A financing. Investors include KMG Capital Partners, Cambia Health and HealthTech Capital. The funding will be used to expand the company’s mobile health offering to health plans, self-insured employers and Medicaid clients.

Due Date Plus is a mobile maternity program that uses self-reported data to identify high-risk pregnancies and drive interventions by delivering customized tools and content, referring users to care management programs, and in some cases steering towards high quality providers.

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HealthTech Conference 2013 identifies massive opportunities for healthtech entrepreneurs
Written by Anne DeGheest // 23 November 2013 // Conferences, healthtech
HealthTech Conference 2013 identifies massive opportunities for healthtech entrepreneurs

By Anne DeGheest

Please check my article on VentureBeat:

HealthTech Conference 2013 was bustling with energy with “an all-star lineup” of the leading minds in the healthcare industry. The sold-out event demystified the tectonic shifts in our healthcare system and identified specific actions that startup companies must take to be successful.

Big takeaway: The healthcare industry is being disrupted in a massive way, and 16% of GDP is being turned over, creating a tsunami of opportunities!

Overcoming challenges to build successful healthtech companies

The conference emphasized the need for collaboration between healthcare systems, payors, suppliers, entrepreneurs, and investors around emerging opportunities for healthcare innovations. Some of the key takeaways included:

  • The existing Gold Rush towards quickly deploying new digital health solutions is repeating the mistakes we made during the dotcom years — focusing too much on building a demo to show off the digital technologies instead of building a proven value-added solution that a lot of people are willing to pay for.
  • Entrepreneurs often develop a technology without spending enough time defining the pain points for all the stakeholders involved. The winners will create total solutions that benefits physicians, patients, and the ultimate payors.
  • Existing care delivery is not sustainable for both the hospitals and physicians. New models will emerge that deliver care wherever patients are: at home, at work, or at the mall.
  • New data created must be liquid and easy to integrate with other health information systems from mobile systems to hospital EMRs. We do not need more data silos. And don’t forget to ensure HIPAA data compliance for security and privacy requirements.
  • Data only has value if it becomes actionable with proven impact metrics on the subpopulation that needs to change. For example, digital technologies that enable aging at home need to address seniors with different technology skill sets than they would use to address younger consumers.

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