Digital health is a nascent field that uses social media and smart phones to help patients keep better tabs on their health and manage their diseases. It can also help the healthcare industry to cut costs and improve treatment. Silicon Valley inventors in digital health are seeking out seed funding to help them grow and scale.

When Halle Tecco started seed accelerator Rock Health in 2010, she wanted to help to narrow the deficit in the amount of brainpower, venture capital and IT talent being put towards solving the world’s pressing needs for more and better healthcare. She wanted to mobilise the potential of technology to revolutionise healthcare as the sector moves from a focus on illness to a focus on prevention; from relying on doctors to a team-approach with the patient well-informed and at the centre of the decision-making.

A keynote speaker at the fifth INSEAD Healthcare Alumni Summit in Zurich this autumn, Tecco told INSEAD Knowledge on the sidelines of this event, “There is a huge arbitrage opportunity in healthcare, because we don’t have as many entrepreneurs focused on this sector as, say, gaming or lifestyle. So there’s this opportunity for really talented entrepreneurs.”  

Read more at http://knowledge.insead.edu/healthcare/can-digital-health-disturb-the-healthcare-status-quo-3029?nopaging=1#Y2yJSl6o1gL2I5jy.99

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