Tag Archives: patient safe solutions

mHealth: Hallelujah or Bah Humbug?

3600 people and I went to the mHealth Summit earlier this week in Washington, DC and, having spent the better part of 48 hours listening, I am still not sure what to make of this emerging healthcare sector.

Given the incredible energy and high attendance at the conference, it would be easy to get caught up in the hype that surrounds mobile health and it’s many potential uses. There were an enormous number of companies present and news of many new financings (e.g. HealthTap receiving $11.5 million from Mayfield, Mohr Davidow and others).

For those of you not yet familiar with the buzz word, mHealth is basically what you get when you cross healthcare with mobile phones. It is essentially the love child of Ma Bell, Hippocrates, Dr. Oz and Steve Jobs.  For the true believers, and there are a lot of them, mHealth is the answer to the healthcare systems prayers. By bringing texting and Wifi and reams of personalized data to the fingertips of the masses, healthcare will right itself,  costs will decrease and angels will sing. Can I get a Hallelujah?

The entrepreneurs in the mHealth space

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Posted in Diagnostics and Screening, Health and Wellness, Healthcare Information Technology, Healthcare private equity, Healthcare Venture Capital, Innovation, Uncategorized | Tagged , , , , , , , , , , , , , , , | 28 Comments

Board Games

As a venture/private equity investor, I have one of those jobs that is somewhat nebulous to most people.  They ask questions like, “What the heck do you actually DO?”  “How do you spend your time on an average day?” and “Do you actually, you know, work?”

Hey, can you peel those grapes before feeding them to me?

For those of you who think that the life of the venture capital or private equity investor looks like a walk in the park and that all of us are sitting around eating pre-peeled grapes while getting neck rubs and rolling naked in cash, all I can say is, “I wish.”

It’s actually a pretty intense job, much more complex and nuanced than I expected when I first started at it 13 years ago.  So much of it is about working in partnership with people in an environment where you personally have little control or direct authority to make things happen and yet where you feel you know the right thing to do (“so why aren’t they just doing it already?!”).  You have to drink from a magical cocktail of knowledge, experience,

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Posted in Healthcare private equity, Healthcare Venture Capital, Private Equity, Uncategorized, Venture Capital | Tagged , , , , , , , , | 1 Comment

There is Only One Pretty Child in the World, and Every Mother Has It

Don't Call My Baby Ugly!

There is only one pretty child in the world, and every mother has it.  ~Chinese Proverb

Nobody ever thinks their kids are ugly, but it is especially gratifying when you get independent verification that they are, well, awesome.

As a venture capitalist, my portfolio companies come to feel like my kids.  I am invested in them, financially and emotionally.  I care about what happens to them.  They always need more money than I expected and sometimes don’t want to listen, even when I am right.  When they make great strides forward, I feel proud.  When they stumble, I feel protective and concerned.  Occasionally they infuriate me, but I love them all the same.  When people speak ill of my portfolio companies, I get protective.  When people say they are awesome, I get that special little glow.

So today I am glowing because the Wall Street Journal published their  list of the Top 50 Venture-backed Companies and lo and behold, number 18 is Patient Safe Solutions, Inc., one of my “kids” and a company that truly deserves the honor.   The entire article and list of

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Posted in Healthcare, Healthcare Information Technology, Healthcare Venture Capital, Patient Safety, Uncategorized, Venture Capital | Tagged , , , , , , , , , | 1 Comment