At the Health 2.0 Spring Fling conference in Boston this week, Health 2.0 co-founders Matthew Holt and Indu Subaiya shared some preliminary data points from a survey they conducted with companies that have demoed or participated in a Health 2.0 event since the first one in 2007. All told more than 360 companies have been on-stage at Health 2.0 events, and while that figure includes a mix of companies at different stages of maturity, they have all been relatively young companies. The survey data that Holt and Subaiya shared included responses from 132 of those Health 2.0 companies.
Of that group, about 7 percent have made a “successful exit” — meaning they were acquired (the case for nearly all) or they went public (maybe one or two?) Some 48 percent of the companies have experienced “rapid growth”; 40 percent have experienced “incremental growth”; and just 5 percent have folded, according to the survey.
About 95 percent of companies that responded to the survey said they had customers. The most popular answer for customer type was consumers, then hospitals, physician practices, insurers, and finally employers.
For business models, about 17 percent relied on advertising, some 37 percent brought in subscription revenues, 27 percent charged per transaction, and 19 percent focused on licensing fees. Keep reading>>