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August 14, 2018

Digital Health Success Stories (and Failures) Report - Part 2

Reports
Tom Parsons
&

Our recent post Digital Health Success Stories Report - Part 1 took an in-depth look at some of the recent successes in the world of health tech. In Part 2 of this report, we investigate some of the recently failed digital health efforts and ascertain the lessons we should learn from them.

 

Part 2 of our report looks closely at some of the high profile failures to date in order to highlight warning signs for projects and collaborations in the future. You’ll hear from Skip Fleshman, General Partner at Asset Management Ventures, about his perspective on the enormous investment being pumped into the market and how it should be managed. You’ll get an insider view from Cure Forward and Imperial College Health Partners about some of the reasons behind failures they have experienced and what we can learn from them. And through two case studies, you’ll learn more about how transparent and accurate results and trials are integral to ongoing development and success.

Our expert community helped us identify some of the core principles that should guide any project in the space to have the best chance of success:

  1. Take a patient-centred approach – the main feature of any digital health product must be improved patient outcomes.
  2. Offer a real solution to a problem that actually exists – digital solutions must be better than any alternative and cheaper.
  3. Think about integration – solutions must be compatible with the existing healthcare technology infrastructure.
  4. Have the right business model – a model must deliver savings for the system and revenue for the provider.

We believe that real success cannot be defined merely by investment but also by impact and outcomes. True innovation needs collaboration. The end goal should be to reduce costs and improve healthcare for the givers, receivers and everybody else in between. The winners understand the idiosyncrasies of healthcare but are not fazed or confined by them.

We would love to hear from you on failures you have experienced and how you learned from them.

We can provide an introduction on your behalf so that you can contact them directly with any questions/queries on this topic. Simply click on the link below to request an introduction.

We can provide an introduction on your behalf so that you can contact them directly with any questions/queries on this topic. Simply click on the link below to request an introduction.

Request an Introduction

We can provide an introduction on your behalf so that you can contact them directly with any questions/queries on this topic. Simply click on the link below to request an introduction.

Request an Introduction

Ready to read more? HealthXL members can access the full peak of the report on the HealthXL Community Hub.

Not yet a member of HealthXL? Download your 11 page snapshot of the report.

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Connect with peers and share insights

Don't miss out on the discussion of the latest insights and reports on digital health. Meet with peers and take a deep dive for 75 minutes. Unlike at webinars, you can freely exchange experiences and insights to solve challenges and design the future of DTx.

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Join our Digital Health Meeting as discuss How do we define disruption in the healthcare industry? What is the ‘extinction event’ healthcare needs and why has it not happened yet? And what are the learnings from Tech Giants’ moves in healthcareApply now to join the conversation and share your thoughts on the topic.

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HealthXL Digital Health Meetings

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Join our Digital Health Meetings and take a deep dive for 75 minutes into topics like digital therapeutics, patient support, telehealth, clinical trials, dermatology and many more. These Meetings are not regular webinars: No audience, no recording and no hiding behind a screen. You actively participate in a discussion to solve your present challenges and design the future of digital health. And with a free account on our Community Hub, you stay connected and up-to-date on the latest news and insights, allowing you to fully immerse yourself in the topic before, during and after.

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18th October @ 10:45AM EDT

Join us as we discuss the best routes to market for DTx in the EU. These 75 minute sessions are guaranteed to be filled with interesting debate and valuable insights, apply now to secure your place.

Featuring
Giuseppe Recchia
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Co-Founder & CEO, daVinci Digital Therapeutics
Nemanja Kovačev
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Nemanja Kovačev
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Companion DTx: clinical & economic evidence

20th October @ 10:45AM EDT

Join our Digital Health Meeting focused on Companion DTx: clinical and economic evidence. This informal conversation brings a variety of stakeholders together to discuss and share their thoughts and experiences around this topic.

Featuring
Jordan Silberman, MD, PhD
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Director of Clinical Analytics and Research, Digital Care Delivery, Anthem, Inc.
Céline Ulmann
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Head of R&D Digital, Almirall
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Director of Clinical Analytics and Research, Digital Care Delivery, Anthem, Inc.
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