Can Innovation Boost US Healthcare Out of Last Place?
The U.S. might be on the upswing in the World Cup arena, but not so much when it comes to the global health game. In a study released Monday by The Commonwealth Fund, the U.S. came in dead last on a list comparing the health systems of 11 industrialized countries. And it’s the fifth time in a decade that the U.S. has ranked so poorly. So, how do we reverse our losing streak? We think digital health innovation led by an army of entrepreneurs has a huge role to play. The first half of 2014 has already witnessed major advancements in the industry, from data releases to increased venture deals. And we still have yet to see what the rest of the year (including the Apple-Google-Samsung health battle!) will bring.
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A Fresh Perspective on Health Spending
 Each year, $2.7 trillion is spent on medical care in the U.S., but where does it all go? On June 25 & 26, the SOCAP Health conference in New York will convene stakeholders from across the industry to explore new opportunities for impact and entrepreneurship. To join the Federal Reserve Bank of San Francisco, the NY Academy of Medicine and other leaders, use our code N_STARTUP for 30 percent off tickets.
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Extended Deadline! Apply by July 11 to Join the StartUp Health Academy
Our next group of Healthcare Transformers will join our program in the coming weeks! We’ve been reviewing applications from around the world, and are looking forward to meeting with even more digital health companies this summer. Get additional details on the StartUp Health Academy and apply by July 11.
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StartUp Health Weekly InsightsTM
Top Digital Health Funding This Week
| Startup |
Amount |
Investors |
| Chrono Therapeutics |
$32.0M |
Mayo Clinic, GE Ventures, 5AM Ventures, Fountain Healthcare Partners, Canaan Partners |
| Nant Health |
$25.0M |
Celgene |
| HealthTell |
$9.5M |
Undisclosed |
| Valencell |
$7.0M |
TDF Ventures, True Ventures, Best Buy Capital |
| Core Informatics |
$5.0M |
KLP Enterprises |
| Weave |
$5.0M |
Y Combinator, Homebrew, SV Angel,
Fuel Capital, Initialized Capital |
| VisionGate |
$4.8M |
Undisclosed |
| Health Integrated |
$4.0M |
Western Technology Investment |
| See much more in StartUp Health Insights, the most comprehensive funding database tracking over $11 billion in digital health and health tech deals. |
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Join the StartUp Health Network
Take the StartUp Health pledge and gain access to an exclusive network of more than 12,000 innovators -- including over 5,000 startups, over 1,000 VCs and hundreds of angels and potential customers -- who are already using the Network to connect.
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