Thank you for reading our latest newsletter. Every Thursday Kevin McDonnell shares his round-up of the most interesting stories from the world of Digital Health so you can find the ideas, people, innovations and technologies that are shaping the future of healthcare. We hope you enjoy them! Happy reading!
- Let's stop building HealthTech products that nobody wants! Great products are about people, not technology. There is no doubt that healthcare systems are looking to technology to support their transformation. But digital transformation of healthcare will only work if we start with people.
- A Venture Capital slowdown isn’t on its way. It’s already here. 6 things Kevin McDonnell is hearing from his VC conversations that can help HealthTech founders and startups to prepare for a "softening" investment market.
- The Digital Transformation of Healthcare requires a shift in mindset. We might think that the most important thing you need to do when it comes to digital transformation is to adopt new technology. If you're only thinking about technology, you'll find that you struggle to get people to see the value that technology can deliver.
- UK Digital Innovation Partnership. The NHS Transformation Directorate has opened round three of its Digital Innovation Partnership Awards, a scheme created to help NHS organisations in England bid for funding to accelerate the adoption of digital health technologies.
- Healthcare is on a journey to make patient care more personal and holistic. With the industry slowly shifting toward value-based care rather than a fee-for-service payment model, providers are able to focus on preventive care as opposed to reactive treatments.
- Bringing European maternity care to the US. Zaya Care, founded by Leoni Runge, operates in the States but is modeled after the European maternal care system, and wants to change things. European maternal outcomes are superior to those in the United States.
- Four keys to overcoming challenges and delivering AI-enabled healthcare. From an AI-enabled chatbot helping diagnose symptoms with telehealth, to improving medical imaging and patient monitoring, healthcare professionals are using Artificial Intelligence across the field to help with the toughest challenges.
- There is no low-hanging fruit in Healthcare! Four health care leaders proposed finding new ways to power health devices to devising strategies to address the legacy of racism in health care. Many of their suggestions involved large-scale institutional changes. There was also a call for the US to learn from the UK’s anonymized health data programs
- Digital-only healthcare is so 2020. A new generation of VC-backed companies are betting on a combination of slick online care and brick-and-mortar clinics. The latest to get backing for this hybrid model is Munich-based healthcare platform Avi Medical. The startup has just raised €50m to pair app-based telehealth with a number of physical clinics.
- Healthtech Startup MFine Fires 75% Workforce. Bengaluru-based healthtech startup MFine has laid off around 75% of its total workforce (800 people) this week. According to Inc42 sources, around 600 employees have been impacted due to this.
From the previous edition:
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Datalla is a global strategy and growth consulting firm that helps our clients to shape the future of healthcare. We are a trusted advisor to the world’s leading Digital Health, Medical Devices, Lifesciences and Healthcare organisations. We work alongside our clients with a shared ambition to transform their organisations, deliver meaningful change, build enduring capabilities and shape the future of healthcare.
