July 8, 2019
Greetings from Bangalore, India.
Hope everyone had a nice long July 4th weekend.
VC firm Rock Health published its mid-year review of digital health startups. It paints an optimistic picture based on much awaited IPOs from Health Catalyst, Livongo and others. The report also presents us with a new metric, “net liquidity overhang,” which refers to VC money locked up in illiquid investments in digital health startups. The amount is $29.4 billion, counting from 2011.
Major tech firms have stepped up their efforts at self-regulation. In light of recent activism against social media platforms and the scourge of misinformation, Facebook announced they will moderate and remove posts making exaggerated claims, such as miracle cures. Major consumer genetic testing companies joined hands to form an advocacy group to push for laws to safeguard the use of consumer information.
Digital transformation in healthcare: our picks for the week
Rock Health’s mid-year review of digital health investments and the outlook for exits.
UnitedHealth Group acquires PatientsLikeMePatientsLikeMe had been looking for a buyer since it was under pressure from federal agencies to divest its investments from a Chinese VC firm.
Consumer genetic testing companies team up to lobby on privacy policyThe big players in the genetic testing space turn to self-regulation and lobbying in response to concerns about their data use practices.
Facebook to tackle content with misleading health claimsFalse claims on health matters can be harmful to society, and Facebook will finally address this issue on their platform.
The Downside of 5G: Overwhelmed Cities, Torn-Up Streets, a Decade Until Completion5G infrastructure will be like installing the plumbing at the turn of the 20th century.
Will California’s New Bot Law Strengthen Democracy?California takes the lead on addressing a modern-day scourge – misinformation by bot.
The latest from Damo Consulting
Healthcare IT podcast: “Healthcare is not a winner-take-all industry.”
Aligning stakeholder groups in enterprise digital transformationOur latest white paper looks at what successful Chief Digital Officers do to align stakeholders across the enterprise.
The WITCH Monthly Monitor: Monthly update on major global IT consulting and services firms in healthcare (June 2019)A surge in deals from the public sector.
The WITCH Report: 2018 Annual ReviewA review of the financial and market performance of global technology firms in healthcare.
