Health Evolution Partners, the healthcare investment firm started by former US National Health Information Technology Coordinator Dr. David Brailer, has partnered with Verizon to identify and work with promising mobile health, telemedicine, and health data management companies. Health Evolution Partners (HEP) has indirectly invested in a number of mobile health and connected health companies that provide real-time location services for healthcare facilities, mobile-enabled medication management workflow platforms, smartphone-based e-prescribing services, tablet-enabled remote patient visits — just to name a few.
Microsoft’s former Corporate Vice President of Health Solutions, Peter Neupert, joined Brailer at HEP just two weeks ago.
HEP’s multiyear agreement with Verizon Connected Healthcare Solutions, which is Verizon’s health IT practice group, will leverage the deep healthcare insight offered by HEP’s team as well as Verizon’s “platform-based health IT portfolio of mobility, cloud and IT offerings,” according to the companies.
“The next generation of health IT will not be anchored to a desk,” stated Brailer. “Clinicians and patients will expect technologies that support mobility and virtual care. Advanced broadband, video-based technologies and wireless devices that incorporate geo-location capabilities and sensors will change the landscape of health care from development to delivery. Our relationship with Verizon demonstrates the importance of bringing these innovations to market.”
The current National Coordinator for Health Information Technology (ONC), Dr. Farzad Mostashari, seems to agree with Brailer’s assessment that health IT is going mobile. Mostashari recently assembled a list of top trends for the year ahead and mobile health was one of them.
HEP has two funds — its Growth fund, which makes direct investments in healthcare startups, and its Spectrum fund, which invests through partner venture capital firms. Some of the companies that HEP has helped fund through partners include: Awarepoint, PatientSafe Solutions, Prematics, SmartPill, TelaDoc, and more.
More on the Verizon partnership in the press release below: Keep reading>>