Flare Capital co-founder Bill Geary explains why Digital Health is exploding and what will be necessary to help it mature.
Bill is a Partner at Flare Capital Partners, a team of proven healthcare technology venture capital investors known for delivering unrivaled strategic industry resources, insight and a total commitment to the success of the entrepreneurs with whom we have the privilege of partnering.
00:41 – Where are we in the maturation of digital health?
01:48 – The origins of Flare Capital
2:00 – “We saw a coming of age.”
2:10 – The role of the EMR – “the database”
2:45 – We saw a real absence of dedicated capital focused on this opportunity.
3:00 – Who are investors in Flare’s fund.
3:45 – “We have privileged access to those firms.”
4:20 – “The industry is undergoing an upheaval unlike any other time. It had been hoped for 10,20, 30 years ago but it never happened.”
5:20 – “Health care is cool now. It wasn’t cool before.”
6:00 – “We think the next decade is going to be not only a time of upheaval and transformation but of outsized returns.”
7:00 – VCs need to know health care do well investing in digital health.
7:53 – “It’s more than just company building.”
8:57 – When you get the mix of health care and tech expertise right, that’s when great companies get formed.
9:33 – We don’t draw a distinction between services and software.
10:00 – Why he anticipates shorter exit times.
11:30 – What is the status of Flare’s fund?
12:20 – Who is on the Flare team.
13:30 – What could stand in the way of Flare’s success?
14:10 – “[Value-based care] is a train that has entirely left the station.”
15:30 – How do we distinguish between a payer and provider?