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PREDICTION HCIT incumbents will continue to over promise and under-deliver, allowing new entrants to better serve their customers and be appropriately rewarded at >5X revenuesBob Zollars Vocera

Healthcare IT Predictions 2012

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Healthcare IT leaders and innovators were asked for predictions for 2012. These predictions were first featured at a Venrock / athenahealth / Oak Investment Partners networking event during the JP Morgan Healthcare conference in January 2012.

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Page 1: Healthcare IT Predictions 2012

PREDICTION

HCIT incumbents will continue to over promise and under-deliver, allowing new entrants to better serve their customers and be appropriately rewarded at >5X revenues”  Bob Zollars

Vocera

Page 2: Healthcare IT Predictions 2012

PREDICTION

After the election, the $20B of federal government subsidies for EMR usage is revealed as a horrible debacle.  Backwards looking and ill-conceived.  Doctors in revolt, patient-care not improved” 

Anonymous

Page 3: Healthcare IT Predictions 2012

PREDICTION

Someone will finally bring consumer-focused product design to the enterprise space and prove that payors and employers will pay for solutions consumers truly enjoy using”

Sutha Kamal

Massive Health

Page 4: Healthcare IT Predictions 2012

PREDICTION

2012 will be a stunning and scary year for HCIT - some great business building and exits as well as over-funding in the sector not seen since 1999”

Bryan Roberts

Venrock

Page 5: Healthcare IT Predictions 2012

PREDICTION

Pushed by government initiatives, better implementations of traditional healthcare IT will improve connectivity and flow of data, however connectivity does not mean better collaboration and decision making”

Anne DeGheest

HealthTech Capital

Page 6: Healthcare IT Predictions 2012

PREDICTION

It will become a national education priority to equip every high school graduate with a personal health record and understanding of the importance of maintaining it throughout their life”

John Grotting

Frazier Healthcare

Page 7: Healthcare IT Predictions 2012

PREDICTION

2012 will be the year the industry discovers that HIEs, as currently planned, accomplish little. We will see the beginning of a shift in focus to local networks sharing clinical and administrative data, while billions continue to flow into regional and national HIEs that don't meet either need”

Tom Kelly

Aetna

Page 8: Healthcare IT Predictions 2012

PREDICTION

Collaborative networks between and among companies, and academic institutions, will create more new compounds to fill the baron pipelines of the Pharma industry, than the output of the big two big Pharma mega mergers!”

Ron Burns

ProtonMedia

Page 9: Healthcare IT Predictions 2012

PREDICTION

We will see the first big stupid string of lawsuits from patient's lawyers suing some EMR vendor for a medical error that was supposedly caused by the "forced" installation of EMR systems”

Lisa Suennen

Psilos Group

Page 10: Healthcare IT Predictions 2012

PREDICTION

Google will quietly get back into healthcare but on the Enterprise Analytics side through an acquisition” 

Bijan Salehizadeh

Highland Capital Partners

Page 11: Healthcare IT Predictions 2012

PREDICTION

With the aging of our populations, the need to engage physicians and families in the day-to-day activities and care will accelerate IT and mobile enabled services for the surveillance and care of the elderly”

Isaac Ciechanover

Kleiner, Perkins, Caufield & Byers

Page 12: Healthcare IT Predictions 2012

PREDICTION

WalMart threatens to shake things up in healthcare, but does nothing in the end because they don't have the guts nor the vision to do something significant”

Anonymous

Page 13: Healthcare IT Predictions 2012

PREDICTION

Price transparency will become increasingly prominent with adverse side effects overall. The cost of healthcare will rise 2-3% above normal trend for fully insured businesses over the next 3-4 years until comparison shopping results in tangible benefits”

Chris DeNoia

Simplee

Page 14: Healthcare IT Predictions 2012

PREDICTION

A remote monitoring product will emerge that marries medical-grade robustness with consumer-grade design and ease of use...The iPod of health monitoring”

Brian Ascher

Venrock

Page 15: Healthcare IT Predictions 2012

PREDICTION

HCIT will dissect the healthcare Freakosystem, niche by niche, and begin to lay the foundation for a true ecosystem”

Jordan Shlain

Private Medical Services

Page 16: Healthcare IT Predictions 2012

PREDICTION

SoLoMo apps find big traction in patient compliance, monitoring, diagnosis, adherence, et al.”

Brook Byers

Kleiner, Perkins, Caufield & Byers

Page 17: Healthcare IT Predictions 2012

PREDICTION

50% of doctors offering virtual visits or email visits”Bob Kocher

Venrock

Page 18: Healthcare IT Predictions 2012

PREDICTION

Health insurers will keep buying their way into HCIT, bidding up many companies. Two venture backed HCIT cos will be acquired for $500+m each by insurers”

Bijan Salehizadeh

Highland Capital Partners

Page 19: Healthcare IT Predictions 2012

PREDICTION

The opportunities for building new businesses will really emerge in the new HealthTech area, including integrated delivery solutions to improve team care delivery for specific pain points and the bubble of direct to consumer applications will continue to be driven by tech venture investors, hoping for a B2C business model like Facebook or Groupon”

Anne DeGheest

HealthTech Capital

Page 20: Healthcare IT Predictions 2012

PREDICTION

2012 will see the advent of online weight loss programs becoming mainstream AND insurance reimbursable on a large scale”

Nick Desai

FitOrbit

Page 21: Healthcare IT Predictions 2012

PREDICTION

People will not pay attention to the fact that Google and Microsoft failed and we will have many more failures, good ideas”

Jordan Shlain

Private Medical Services

Page 22: Healthcare IT Predictions 2012

PREDICTION

Medicaid managed care emerges as the hottest healthcare IT segment, EMRs begin to fade and Supremes nix ObamaCare”

Chris Kryder

Page 23: Healthcare IT Predictions 2012

PREDICTION

The emergence of aps and marketplaces specifically tailored to servicing the needs of drug developers and academic institutions. Examples including eBay for academics and productivity aps for managing CROs and multi-site work teams”

Isaac Ciechanover

Kleiner, Perkins, Caufield & Byers

Page 24: Healthcare IT Predictions 2012

PREDICTION

The press starts to talk about how mobile health apps aren't really being used, nor are they used to drive down costs because they're not integrated with the regular flow of care”

Anonymous

Page 25: Healthcare IT Predictions 2012

PREDICTION

100% of health plans will be sharing price and quality data with their customers”Bob Kocher

Venrock

Page 26: Healthcare IT Predictions 2012

PREDICTION

40% of docs using EMRs are accessing them via tablet”Matthew Holt

Health 2.0

Page 27: Healthcare IT Predictions 2012

PREDICTION

HHS will announce its first ACO bail-out”Graham Gardner

Kyru.us

Page 28: Healthcare IT Predictions 2012

PREDICTION

I predict that HCIT will enable the forest to meet the tree and the tree to meet the forest”Jordan Shlain

Private Medical Services

Page 29: Healthcare IT Predictions 2012

PREDICTION

Telemedicine based services companies become mainstream as an established provider of primary care”Isaac Ciechanover

Kleiner, Perkins, Caufield & Byers

Page 30: Healthcare IT Predictions 2012

PREDICTION

There will be several successful HCIT IPOs!”Brian Ascher

Venrock

Page 31: Healthcare IT Predictions 2012

PREDICTION

Breakout analytics for insurance and post-sequencing "big data" problems”Brook Byers

Kleiner, Perkins, Caufield & Byers

Page 32: Healthcare IT Predictions 2012

PREDICTION

Gamification!”Annie Lamont

Oak Investment Partners

Page 33: Healthcare IT Predictions 2012

PREDICTION

80% of doctors owning a tablet or smart phone”Bob Kocher

Venrock

Page 34: Healthcare IT Predictions 2012

PREDICTION

One independent company emerges with the credible threat to become the Facebook of health”Anonymous

Page 35: Healthcare IT Predictions 2012

PREDICTION

Athena will make a significant acquisition that will put them directly in the hospital IT space”Rick Adam

Recondotech

Page 36: Healthcare IT Predictions 2012

PREDICTION

A SaaS upstart will begin to make inroads against the major incumbent health information systems, a la Salesforce vs Siebel”

Brian Ascher

Venrock