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. 2020 Aug 4:3:103.
doi: 10.1038/s41746-020-00311-5. eCollection 2020.

Health systems as venture capital investors in digital health: 2011-2019

Kyan C Safavi  1   2 , Adam B Cohen  3   4 , David Y Ting  1   2 , Sreekanth Chaguturu  1   2   5 , Jack S Rowe  1   2
Affiliations

Health systems as venture capital investors in digital health: 2011-2019

Kyan C Safavi et al. NPJ Digit Med. .

Abstract

Provider health systems as venture capital investors in digital health are uniquely positioned in the industry. Little is known about the volume or characteristics of their investments and how these compare to other investors. From 2011 to 2019, we found that health systems made 184 investments in 105 companies. Compared with other investors, they were more likely to invest in companies focused on workflow, on-demand health services, and data infrastructure/interoperability.

Keywords: Health care economics; Technology.

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Conflict of interest statement

Competing interestsK.C.S. has equity in Position Health. A.B.C. consults for Pear Therapeutics and Thirty Madison. He also has equity in Thirty Madison. S.C. has equity in Clarify Health Solutions. J.S.R. previously was an advisor to Excel Venture Management. The Massachusetts General Physicians Organization is a member of Partners Healthcare, which has multiple affiliated venture capital funds (Partners Innovation Fund, Translational Innovation Fund, Artificial Intelligence and Digital Translation Fund).

Figures

Fig. 1
Fig. 1. Yearly volume of digital health investment deals by health systems.
Number of digital health investments per year by health system investors and all other investors.
Fig. 2
Fig. 2. Volume of digital health investment deals by individual health systems.
Total volume of investments in digital health companies by individual health systems.
See this image and copyright information in PMC

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