Digital Health Innovation Summit 2013

November 5, 2013

Consumerism of the younger generation drives demand for healthcare services similar to those offered by online retail stores. This demand will transform the healthcare industry. A patient wants a meeting with a doctor to become a meeting of equals: if you want to buy something at Amazon at 2am - you can, if you want to contact a doctor at 2am - you cannot. If there is a need, there should be a solution. The companies that offer flexible scheduling, One Medical Group (www.onemedical.com), ZocDoc  (www.zocdoc.com) are among those responding to a growing demand and to a pressure shifting the supply curve in Heathcare through technological advancement. The market is ripe for technological disruption, and technology venture investors are competing with healthcare investors: who will drive change in healthcare first. David Mayer, Partner at Abingworth, offers some more insights into this: http://www.pehub.com/2013/10/14/tech-investors-well-positioned-disrupt-healthcare/

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