Even more than usual, fragmented and redundant digital healthcare innovation threatens to frustrate the innovation ecosystem. Dave Francis of RBC Securities put it well: “There are a lot of zombie digital health start-ups that get $1.5 million and a customer from a regional health system, and go no further.” He spoke at the October, 2015 Health 2.0 Conference.
The start-ups whose pitches I attended at Health 2.0 illustrate this point well. Out of about 35 pitches that I attended, close to half were pursuing markets that I know several other companies are also pursuing, including a dozen or so that overlapped with other companies presenting at the conference, e.g.: