Robert Holly’s Post

🔥 Excited to announce my Masterclass on Burnout in the Workplace! Healthcare AI and Technology Investor Summit (Live/Virtual) Endeavor Venture Fund & Venture Studio Venture Funds and Foley & Lardner LLP 1200+ Registered  📅 Date: July 17th, 4 - 9 pm ET 📍 Location: In-person (Boston) and Virtual  🔗 Sign up now:  https://lu.ma/f1mt0ziq Keynote Speaker: Peter Durlach, Microsoft Chief Strategy Officer, Healthcare and Life Sciences  Closing Remarks: Jim Rogers, Board of Directors Mayo Collaborative Services, Chief Business Development Officer and Senior Administrator for Generative AI, Mayo Clinic  Summit Chairman: Dr. D. Martin Alexander Gershon, MD, JD, MPH, Managing Partner, Endeavor Venture Fund & Venture Studio Venture Funds, White House CancerX Moonshot Advisor 5:10 - 6:10 p.m. Breakout Sessions - Join me to explore practical and actionable insights and strategies to effectively tackle burnout in healthcare and beyond. 🌟 Burnout has reached pandemic levels across industries, with healthcare being the hardest hit. We are past the tipping point , with 50% of all healthcare professionals experiencing burnout and 22% wanting to leave the field.  - Published in the Journal of General Internal Medicine. This problem impacts not only healthcare workers and patients but also threatens the fundamental sustainability of our hospital system. According to a BDO survey, 71% of hospital CFOs cite physician and nursing departure from the workforce and consequent shortages as a top financial threat to hospitals. Learn how to mitigate this crisis and ensure sustainable workforce management. #leadership #healthcare #wellness #ai #Innovation #burnout #leadershipdevelopment #endeavorfunds #mg100 #thinkers50 #bestadvice #jennyfernandez

🚀 Evolving VC Investment in Behavioral Health The behavioral health market is maturing, and venture capital is pivoting to support sustainable business models and enabling services. Companies like Author Health and BeMe, supported by investors like Flare Capital, are leading innovations in integrated, quality-focused care. However, I think that while the increase in enablement services for behavioral health professionals is beneficial, we must ensure these advances do not neglect the crucial need for accessible services in underserved communities. The future looks promising, but it must be inclusive. Local to Colorado is a company called Colorado Access which aids in underserved communities accessing health care, I know private equity and investing is to make a return, but I would love to see funding be allocated towards the aid side of healthcare as well. #VentureCapital #BehavioralHealth #Innovation #Accessibility #Inclusion #PrivateEquity #Healthcare #Innovation #StartupFunding #DigitalHealth #HealthcareAccess #PublicHealth #MentalHealthAwareness

When will we learn we don't need more bricks and mortar?! It's time to find ways to allow people to unlock the $7-15k plus invested on their behalf into their healthcare each year. Everyone thinks high-deductible health plans means people actually spend that $5-10k annually of their deductible on things, but the truth is the majority of people simply don't have that money. Even I found myself deciding against a virtual primary care membership for our family because it would cost $180/yr plus $44/visit and despite having a $5k deductible, I get free telehealth included with the ~$800/month we pay for our health insurance/coop. Unless people have an employer that funds an HSA that largely turns into uncompensated care and/or withheld care. Bottom line, we need to unlock the healthcare dollars for people again.

In the US Who are the most impactful early-stage Digital Health Investors? Galen Growth | Insights You Can Trust's Blog "Most Impactful Digital Health Early-Stage Investors in the US Reduce Funding Stress for Their Portfolio Ventures" sheds insight. Of the 3,207 early-stage investors actively engaged in the US Digital Health landscape, 914 (28.5%) have consistently demonstrated a repetitive pattern of investment in this sector. These committed investors include leading venture capital firms and corporate venture arms, which have played a pivotal role in shaping the Digital Health ecosystem. The US leads the global Digital Health ecosystem, with $117.6 billion invested over the past five years. Investors like General Catalyst, Andreessen Horowitz, Gaingels, Lux Capital, and Alumni Ventures are among those most impactful early-stage investors in the US. These investors have played a crucial role in supporting Digital Health ventures and enabling healthcare innovation. https://lnkd.in/gQ6UH7HX #digitalhealth #digitalhealthinnovation #digitalhealthinvestment #digitalhealthecosystem #healthcare #healthcareinnovation

Healthcare is a human to human experience and benefits from relationships with physicians who know their patients . This has become very clear to me after 25 years in the pediatric emergency department, where in the last decade, the simple question of "who is your child's pediatrician" is answered with ➡ Name of Practice ⬅ . I would follow with "And who is your child's physician?" This was usually followed by a shrug of the shoulders. People want to be listened to, they want to be heard, and they want to be "cared" for. AI can't do that, and never will. Deeper dive here by Colin Daymude - https://lnkd.in/etVt9zp3

💰 Redesign Health, a healthcare venture builder, has announced the closing of a $175 million fund to support healthcare company creation. The new fund includes investment from Declaration Partners, Euclidean Capital Management, and True North Advisors. Since its founding in 2018, Redesign Health has supported the launch of more than 60 companies that have reached over 15 million patients and generated more than $1 billion in revenue. The company’s venture-building model provides founders with support across ideation and diligence, commercial traction, and execution. 🔬 💬 “Healthcare founders today benefit from unprecedented tailwinds. AI, aligned payment models, patient demand for better care, and unsustainable cost pressures set the stage for generational value creation and social impact. At the same time, building healthcare companies is really hard. Founders encounter opaque value chains, complex regulations, long sales cycles, and almost no tolerance for error. We built Redesign to help founders overcome these challenges and capture a historic opportunity to accelerate innovation in service of patients.” Brett Shaheen, Founder & CEO of Redesign Health #health #healthcare #healthcareinnovation #healthtech #digitalhealth #tech #techenablement #digitaltransformation #healthequity #investment #accelerator #incubator #ecosystem

Founded in 2016 and having raised $400M, Forward Health is shutting down. Now I don't dunk on founders or startups, so you won't get that here. I hope the ~200 person team quickly finds other opportunities. I'm sure there's a lot of talent in the organization who believed in what they were building. * * * * * * Sign up for my newsletter at www.healthcareandy.com. Join 7,000 of the coolest, smartest healthcare experts. * * * * * * The concept of creating a tech-enabled, cash pay, primary care organization is not new. However, the vision to turn a geographically limited, services-based model into a scalable technology product to span the globe was (at least according to their investors). Did they accomplish their goal? Obviously not. I'm sure the reimbursement model was a challenge, not sure about their member growth rates. Whether you believe in AI or not, it will likely arrive before regulation allows it to practice medicine. There's a bunch of ways I could poke holes in the company. But I appreciate companies that take big swings and that's probably the point of venture capitalists anyways. If you think this is the only company considering shutting down, buckle up. Unless you’re cash flow positive or have a massive cash balance raised previously, your destiny is in the hands of a future investor. Many late-stage digital health companies are struggling more than you think. If you have any thoughts, drop them below.

Comment section is fascinating. Good learning by reading through the perspectives. #healthtech #medtech

🔥 Investor insights! Highmark Health Ventures' Prativa Joshi, shared details on… ✅ Key investment criteria ✅ Current market trends As an esteemed panelist at a MedtechWomen event at FINN Partners last week. Key Takeaways (excerpted and edited) 🚀 Investment Criteria 1.   Hard cost savings + 1-year ROI 2.   Positive patient outcomes 3.   Patient experience, NPS score≥80 Combines commercial contract (first) + strategic investment (after). No DTC. 💰 Funding –Invests $3-10M; Series A-C rounds –Follows Highmark Health strategy 📍 Priority Areas –Women's health + rural healthcare –Hybrid models, virtual+in-person 📈 Deal Flow and Exits –Deal flow is on the rise in 2024 –Exits picking up momentum in 2025/2026 🪢 Integration Readiness –Roadmap to integrate with EHRs (e.g., @Epic) and CRMs (e.g., @Salesforce) 🩺 Pilot Requirements –200-300 patients Highmark Health is a payer, a provider and more. Highmark Ventures offers a unique investment philosophy to match. What are your thoughts on Highmark Venture's investment approach?   __________   I'm Maureen, CEO Mingletoe LLC.   We create value with healthcare-aligned market strategy for investors and innovators.   P.S. Check out our shiny new site to learn more✨ #Healthcare #MedtechStartups #FounderAdvice #VCInsights #medicaldevices

In a recent Modern Healthcare article by Gabe Perna, Sam Silvershein, Vice President at Alpha Partners, provides an astute observation on the current state of venture capital in the digital health sector. Amid reduced funding among VCs, Silvershein highlights a notable strategy among larger, venture-backed digital health companies: the acquisition and amalgamation of smaller entities into comprehensive healthcare solutions. This approach not only signifies a shift towards sustainability but also opens discussions on the future of innovation and investment in the healthcare industry during these challenging economic times. What could this mean for startups and investors moving forward? #DigitalHealth #VentureCapital #HealthcareInnovation https://lnkd.in/g7Dfbxgr