Rock Health News

 

Research 6/10/15

How Evolent Health grew to a billion dollar company and IPO in just four years

On Friday, June 5th, Evolent Health debuted on the New York Stock Exchange, raising $195M. Earlier this week, Evolent closed above a $1 billion market cap—a meteoric rise for a company that was founded in just 2011 with the backing of The Advisory Board Company and UPMC. Shortly after the market closed on Tuesday, Rock Health spoke with Frank Williams, the CEO of Evolent Health, about the company and the market for value-based care. Few people understand how provider organizations are approaching the shift away from a fee-for-service environment better than Frank. A lightly edited interview follows.

Research 6/10/15

How Evolent Health grew to a billion dollar company and IPO in just four years

On Friday, June 5th, Evolent Health debuted on the New York Stock Exchange, raising $195M. Earlier this week, Evolent closed above a $1 billion market cap—a meteoric rise for a company that was founded in just 2011 with the backing of The Advisory Board Company and UPMC. Shortly after the market closed on Tuesday, Rock Health spoke with Frank Williams, the CEO of Evolent Health, about the company and the market for value-based care. Few people understand how provider organizations are approaching the shift away from a fee-for-service environment better than Frank. A lightly edited interview follows.

Insights from digital health’s most active investors

Last Friday we co-hosted the third annual Digital Health Investor Summit with Fenwick and West to a packed audience of investors specifically interested in the digital health space. Here are some of the day’s memorable moments: “Data is like air—it’s necessary, but you can’t sell anyone two ounces of it.” -David Brailer of Health Evolution Partners on collecting more and more data points, without creating value “It finally doesn’t suck. Technology can do video much better, waiting time is almost instantaneous, you can close the loop by connecting to pharmacy, and the market has really expanded with everyone having smartphones.” -Bob Kocher, Venrock on why telemedicine is so hot right now “The 5 Customer Journeys that matter: browse and shop, evolve with my needs, help me help myself, take control of my health, and help me in my time of need.” -Janet Widmann, Executive VP of Markets for Blue Shield of CA on the kinds of technologies payers are interested in investing in “Differentiated tech models are more important than ever” -Navtej Bhullar, Goldman Sachs on key investor perspectives from recent IPOs “Investors should focus on optimizing all the 4 P’s (patient, physician, provider & payer)” -Casper de Clercq, Norwest…

Insights from digital health’s most active investors

Last Friday we co-hosted the third annual Digital Health Investor Summit with Fenwick and West to a packed audience of investors specifically interested in the digital health space. Here are some of the day’s memorable moments: “Data is like air—it’s necessary, but you can’t sell anyone two ounces of it.” -David Brailer of Health Evolution Partners on collecting more and more data points, without creating value “It finally doesn’t suck. Technology can do video much better, waiting time is almost instantaneous, you can close the loop by connecting to pharmacy, and the market has really expanded with everyone having smartphones.” -Bob Kocher, Venrock on why telemedicine is so hot right now “The 5 Customer Journeys that matter: browse and shop, evolve with my needs, help me help myself, take control of my health, and help me in my time of need.” -Janet Widmann, Executive VP of Markets for Blue Shield of CA on the kinds of technologies payers are interested in investing in “Differentiated tech models are more important than ever” -Navtej Bhullar, Goldman Sachs on key investor perspectives from recent IPOs “Investors should focus on optimizing all the 4 P’s (patient, physician, provider & payer)” -Casper de Clercq, Norwest…

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