One of the biggest challenges enterprises face in adopting innovation isn’t a failed pilot—it’s a successful one. With the need to scale, the real work begins: aligning stakeholders, finding the budget for full deployment, integrating new solutions into current workflows, and shifting hearts and minds in favor of organizational change.
At the close of its third quarter, 2018 is already the most-funded year ever for digital health startups. There has never been a better time to raise money, with founders securing larger and more frequent rounds. Yet numbers alone don’t tell the full story of the progress made in digital health thus far in 2018.
The seventh annual Rock Health Summit is just one month away, and we’re excited to give you a sneak peek at the content and festivities. Haven’t grabbed a ticket yet? Be sure to snag yours ASAP to join 600+ of your fellow digital health friends in San Francisco on October 16 and 17. Read on for six reasons why we’re pretty sure this year’s Summit will be your favorite one yet.
Health systems often have to decide whether to invest in building new products and services or to look outside to partner. At Sutter Health, the Design & Innovation team does both. Located in the epicenter of Silicon Valley, it partners with cutting-edge organizations to fast-track, test, and scale solutions that enhance its internal human-centered design & build capabilities.
While awareness about diversity has grown, the healthcare industry has moved at a glacial pace to bridge the gap. To help turn awareness into action, senior leaders from Lyft Healthcare, Rock Health, Sutter Health and Dignity Health had a conversation to provide actionable steps that individuals at all levels can take to immediately address and diminish the diversity gap in the workplace.
Ali Diab has spent the past five years building Rock Health portfolio company Collective Health—a cloud-based, integrated health benefits platform that enables self-insured employers to get more out of their healthcare investment while taking better care of their people. With Ali at the helm, Collective has not only helped employers and their people dramatically drive healthcare costs down—it’s also kept the value of diversity at the forefront, closing the gender wage gap along the way.
Rock Health portfolio company Evidation Health is a new kind of health and measurement company that provides technology and guidance to understand how everyday behavior and health interact and measure how behaviors outside the doctor’s office or hospital impact health outcomes. Evidation’s Chief Data Scientist, Luca Foschini, sat down with us to provide insight into the current state of digital biomarkers and how their team leverages both deep data science expertise and healthcare knowledge.
Women are critical stakeholders in healthcare, serving as workers, caregivers, and consumers—yet they do not have an equal voice in the ranks of leadership. Our goal with this annual report is to contribute to a meaningful and actionable dialogue around women in leadership, with the hopes of providing a foundation for our industry to finally turn this dialogue into action.
It’s clear healthcare industry conferences still have a long way to go to achieve inclusion of men and women at industry events. Of the ten healthcare technology conferences we reviewed, only three had equal representation of men and women speakers. We can do better—and we hope conference organizers will join us in committing to create more inclusive (and thus higher quality) conference experiences.
It’s déjà vu for digital health, with yet another record-breaking half. The continued upward trajectory from 2017 through the first half of 2018 is not a fluke. Instead, this sustained growth is indicative of the maturation one would expect from a stable, emerging investment sector (coupled with a strong overall venture ecosystem). Read on to learn our five key findings from this eventful half.
After seven years, we’ve seen $23B invested into thousands of digital health companies. But we wanted to know: what has been the real-world impact of digital health? We were moved to learn just how many lives had been significantly changed by a new wave of technology. We aim to shift the digital health dialogue from one focused on the degree of investment and future expectations to one about digital health’s effect on patients and healthcare outcomes. In that spirit, this ongoing project brings you stories of people living far outside Silicon Valley and the companies shifting the healthcare status quo who have made an impact on their lives.
AI in healthcare feels inevitable: Optimists predict that artificial intelligence and machine learning (AI/ML) will diagnose disease better and earlier, treat illness more precisely, and engage patients more efficiently than today’s healthcare system does. On top of this, AI/ML is expected to streamline business operations and restore sanity (and humanity) to the clinician experience. To separate hype from reality, read our 50-page white paper, Demystifying AI and Machine Learning in Healthcare.
Even small med device, drug, or digital health companies can shell out hundreds of thousands of dollars annually in consulting fees on labor-intensive, slow, paper-based processes—with larger companies spending millions. These companies are tackling some of healthcare’s biggest problems, and we believe regulatory compliance workflow shouldn’t be an expensive bottleneck. That’s why we’re thrilled to announce our latest investment in Enzyme, a company building software to help large and small enterprises alike streamline workflow, making regulatory compliance a seamless part of the development process.