The Great Consolidation, Part 4: Trust as the currency of future health
The Great Consolidation series has focused on the coming market shakeout in the employer health services space. The ever-growing flood of companies and consortia promising or positioning to be “Full Stack” Primary Health solutions will increase in the short term (6-12 months), but inevitably consolidate over the mid term (18-36 months). Part 1 described
The Great Consolidation, Part 3: The Three Organizing Categories for Employer Health Services
The Great Consolidation series is an attempt to articulate my views on how the exploding numbers of digital health apps, as well as growing number of companies claiming to be Full Stack health platforms, will begin to coalesce around a few leaders. My particular focus remains on the Employer Health space, but the trend applies […]
The Great Consolidation, Part 2: The Four Pillars of Full Stack Care
In Part 1 of this series, I described the impending “Great Consolidation” in the Digital Health and Employer Health space using the past history of the platform wars that we saw with the desktop computer, mobile phones, and electronic health records to demonstrate that an ecosystem of 1,000’s of solutions is simply not sustainable. The [&he
The Great Consolidation, Part 1: The Employer Health Platform Wars
Fueled by COVID-related demand for virtual care technologies, the growth in digital health funding has been nothing short of spectacular. According to sources, total funding for “digital health” venture capital, debt, and public market financing reached $21.6 billion in 2020, an increase of an amazing 103% from the $10.6 billion raised in 2019. This has
Series D – Rocketfuel for next stage
Today, Crossover Health is announcing a $168M Series D financing led by Deerfield Management with participation from an amazing syndicate which included Perceptive Advisors, OrbiMed, Foresite Capital, Avidity Partners, Liberty Advisors Group, Irving Investors, and Partner Fund. I could not be more thrilled to welcome our new investor partners and am grateful
Primary Health is…a “Commercial Advantage” Plan
When employers complain about the ever-rising costs and increasing complexity of providing healthcare for their employees, they seem blind to a proven model that’s right in front of them. During the last several years, there has been an explosion of enrollment in Medicare Advantage plans throughout the country. The Medicare Advantage plan is a type [
Interview with Karoline Hilu, MD (Part 2)
In Part 1, we spoke to Karoline Hilu, MD, Chief Strategy Officer at Crossover Health, about her personal background and fresh perspective on primary care. In this post, she speaks about the impact of COVID19 on Crossover’s model of care, and what she sees as the fundamentals of the new normal for both healthcare and […]
Pandemic Primary Care
Clearly, the routine services that used to fill our days (annual physical exams, wellness checks, condition management appointments, or even routine acute care visits) now seem so inconsequential as we face the progression of COVID-19. (and, at the request of health authorities, we have called our members to cancel all such “non-essential” care services)
The Retail Conditioning of Exceptional Health
I was recently doing some research on another topic and found this global healthcare survey. It was conducted this past summer by Salesforce (of all companies) who surveyed 6,000 consumers about their expectations for healthcare in this new digital and connected era. Salesforce has been investing in “new” healthcare over the past year, first by […
Big Retail Takes Aim At Care Delivery
At the recent HLTH conference, I was able to listen in while two massive retailers described their expanding healthcare efforts. First, CVS Chief Executive Officer Larry Merlo shared his message about how the company will leverage their massive physical facility investment to be within “10 minutes of 90% of America.” Later, we heard Walmart’s VP [&he