Oxford FemTech Society’s Post

HealthTech startups and NHS adoption strategies. Here's a problem keeping many HealthTech founders up at night. The fragmented nature of the healthcare innovation landscape. Siloed research, bureaucratic hurdles, and unclear pathways to adoption stifle the translation of brilliant ideas into real-world impact. Can the recently announced NIHR HealthTech Research Centre Network help?. Faster Innovation Cycles The Network fosters collaboration between research centers, the NHS, and industry. This means streamlined access to expertise, data, and testing grounds, accelerating your product development and validation processes. Clearer Pathway to Adoption The Network acts as a bridge between innovators and decision-makers. By understanding the NHS's needs and priorities, you can tailor your solutions for a smoother path to adoption within the healthcare system. Enhanced Credibility Partnering with the Network lends credibility to your technology. This can be invaluable when attracting investors, forging strategic partnerships, and securing valuable pilot programs. So Why Does This Matter? The Network Effect for Growth Will this remove roadblocks, foster collaboration, and streamline the path from concept to real-world impact? What would you add? Found this useful? Repost ♻️ to help your network. Join a community of 85,600+ HealthTech leaders finding the ideas, people, innovations and technologies that are shaping the future of healthcare. 👉 http://lnkd.in/eExMcaG6

Aegis Ventures Launches “Digital Consortium” with 9 Health Systems for Healthcare Innovation - HIT Consultant #DigitalConsortiumLaunch Aegis Ventures has launched a "Digital Consortium" with 9 health systems to drive healthcare innovation. The consortium aims to foster collaboration and innovation in the healthcare industry by bringing together leading health systems to share insights and best practices. #HealthcareInnovation #Collaboration #ParticipatingHealthSystems The participating health systems in the Digital Consortium include leading organizations such as Mayo Clinic, Cleveland Clinic, and Johns Hopkins Medicine. These health systems bring a wealth of knowledge and experience to the consortium, making it a powerful platform for driving innovation in healthcare. #MayoClinic #ClevelandClinic #JohnsHopkinsMedicine #KeyInitiatives The Digital Consortium will focus on key initiatives ai.mediformatica.com #health #digital #healthcare #aegis #innovation #aegisventures #healthsystems #collaboration #equity #this #healthcareinnovation #northwell #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/4cJQY3F)

How is Med Tech evolving in 2024? 2023 was one of the quietest years in med tech venture. So, what’s changing in 2024? I want to share insights and trends from the recent Medical Device and Digital Health Conference, hosted by Wilson Sonsini on June 13-14. Though a smaller gathering, it offered valuable takeaways: 1. Digital Health is Gaining Momentum Focus: For the first time, a half-day session was dedicated to digital health topics. Keynote Speakers: Susan Blumenthal, MD (former Assistant Surgeon General and Deputy Assistant Secretary for Women’s Health), and Tammy Sun (CEO and Founder of Carrot Fertility), highlighted the growing policy support for women’s health and shared perspectives from the founder’s viewpoint. Noteworthy Initiatives: Advanced Research Projects Agency for Health (ARPA-H) and the Sprint for Women’s Health are just the beginning. Women's health is continuing to gain momentum. 2. Emphasize the Business Opportunity First Insight: This point was echoed by many speakers, notably by Shifamed founder Amr Salahieh. Understanding the business landscape instills confidence in founders that there will be customers and acquirers. 3. Focus is key in the Digital Arena Panel Insights: At a panel on digital health for women’s health, investors Alice Zheng, Anarghya Vardhana, Georgia Cavanaugh, and Eileen Tanghal emphasized that they are willing to invest despite risks, provided there is a clear definition of the unmet need and the target market. Memorable Quote: “If your product is a pair of jeans, do not tell me that everyone wears jeans and therefore your market is gigantic.” 4. Key Questions Investors are Asking in 2024: - Are you growing at a pace comparable to other potential investments (e.g., SaaS)? - Are you positioned at the intersection of tech and healthcare? - Will you be financially viable in the next two years? (Cash position, burn rate) - Do you have defined commercial KPIs, how are you tracking? Thank you to James Huie and the Wilson Sonsini team for organizing a fantastic meeting. #MedTech #DigitalHealth #HealthcareInnovation #WomenHealth #VentureCapital #InvestmentTrends #Startups #MedicalDevices

Despite raising billions in venture capital, many digital health startups lack the clinical robustness to back their bold claims—what does this mean for the future of healthcare? This disconnect between funding and clinical rigor suggests that market valuations are not always aligned with the actual impact of these technologies on patient care. The low number of public claims further indicates either a lack of meaningful outcomes or a reluctance to share data, which can undermine trust in the sector. There is a need for more stringent clinical validation and transparency with clinical researchers, which are essential for ensuring that digital health interventions truly benefit patients and do not contribute to existing healthcare disparities. This emphasis on robust clinical evidence is critical for advancing the credibility and effectiveness of digital health solutions. https://lnkd.in/et4aPQQt

🏥 HealthTech Startups: Navigating the Fundraising Landscape 🏥 HealthTech is revolutionizing the way we approach healthcare, offering innovative solutions that improve patient outcomes and streamline medical processes. However, raising funds in this highly regulated and competitive sector requires a strategic approach. Here’s how HealthTech startups can successfully attract investment: Emphasize Clinical Validation: Investors in the HealthTech space need to see proof that your technology works. Showcase clinical trials, pilot programs, and partnerships with healthcare providers that validate the effectiveness of your solution. Highlight Regulatory Compliance: The healthcare industry is heavily regulated. Demonstrating that your startup understands and adheres to regulatory standards (e.g., FDA approval, HIPAA compliance) can significantly boost investor confidence. Showcase Market Demand: The demand for digital health solutions is growing rapidly. Provide data that highlights the market need for your product, whether it's addressing chronic disease management, telehealth, or AI-powered diagnostics. Focus on Patient Impact: Investors are increasingly interested in the social impact of their investments. Highlight how your HealthTech solution improves patient outcomes, enhances access to care, or reduces healthcare costs. Build Strategic Partnerships: Collaborations with hospitals, research institutions, or insurance companies can strengthen your position. These partnerships not only validate your technology but also provide opportunities for scaling. Prepare for Due Diligence: HealthTech investors will scrutinize your business from both a technological and healthcare compliance perspective. Be ready to provide detailed information on your tech stack, data security, and regulatory pathways. Raising funds in the HealthTech sector is both challenging and rewarding. By focusing on clinical validation, regulatory compliance, and patient impact, your startup can stand out in this dynamic market. Let's connect and explore how we can bring your HealthTech innovation to life! 🌟🚀 #HealthTech #HealthcareInnovation #StartupFundraising #DigitalHealth #MedTech #InvestingInHealth

Sign up for HDIG at www.HealthcareDIG.com and receive your complimentary access code to HCMIS 2024. As a sponsor for the Healthcare Capital Markets & Innovation Summit LLC , Healthcare Development and Innovation Group (HDIG) is offering 1 free Summit registration when you sign up for a 1yr subscription to our innovation database at the event special price of $1000/yr. What is HDIG? It is database that brings together thousands of innovators, capital providers, and service providers in an easy-to-use platform, making the innovation process more efficient than ever. Find the right partners in minutes, not days. What is HCMIS 2024? This 4th annual summit, June 4th -6th, attracts 400+ business owners & company executives, private equity firms, family offices, venture capital firms, investment bankers, lawyers, accountants, and other leading professionals for networking, pre-scheduled one-on-one meetings, proprietary deal sourcing, presentations from businesses that are actively looking to raise capital, panels & sessions with industry leaders. This year we are convening the Venture Studio Experience, defining the industry standards for this novel asset class. #healthcare #Healthcareinnovation #digitalhealth #innovation #innovationcenters #startups #AI #privateequity #venturecapital #venturestudios

Here are 3 paradoxes of healthcare innovation. 𝐏𝐚𝐫𝐚𝐝𝐨𝐱 1.  You need evidence for adoption, But can only get adoption with evidence. 𝐏𝐚𝐫𝐚𝐝𝐨𝐱 2.  You need funds for regulation and evidence,  But can't raise without regulation or evidence. 𝐏𝐚𝐫𝐚𝐝𝐨𝐱 3.  HealthTech start-ups need to move fast,  But healthcare moves really slow. 😖 It can feel impossible to innovate in healthcare. 🏋♀️ But we still see innovators defy the odds. They get creative. They keep cost low. They apply for grants. They join accelerators. They rely on their network. They prolong their timelines. They DIY as much as they can. Here is how they overcome these 3 paradoxes. 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 1. Collaborate with clinicians and academic centres. Generate valuable evidence in the early stages. 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 2. Apply for grants. Raise a smaller angel round. Invest in staff who can lead in regulatory work. 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 3. Prepare for long decision making processes. Keep costs low for as long as possible. The early stage of any venture is the most treacherous. 👇 What other advice will you give? Dr Saira Ghafur | David Lowe | Konrad Dobschuetz | Mohammad Al-Ubaydli | Stephen Critchlow | Caroline Mac | Angela Spang

🚀 Unlock the Future of Healthcare Innovation! 🚀 Are you a physician looking to make an impact beyond clinical practice? The world of healthcare innovation is rapidly evolving, and now is the time to lead the charge. I’m thrilled to introduce our comprehensive course: "Healthcare Innovation: An Introduction for Physicians." This course is specifically designed to equip medical professionals with the insights, tools, and strategies to drive meaningful change. Whether you're interested in: 💡 Advising healthcare startups 💡 Investing in breakthrough technologies 💡 Launching your own innovative venture This course provides the perfect foundation to get you started! 🌟 Join us to learn from experts, collaborate with like-minded peers, and position yourself at the forefront of healthcare’s next wave of transformation. Ready to redefine the future of healthcare? Let’s get started! #HealthcareInnovation #PhysicianLeaders #HealthTech #StartupAdvisors #InnovationInMedicine #DigitalHealth #HealthcareTransformation. https://lnkd.in/gAeSu5ad

World Innovation Summit for Health (WISH) launches 2024 Global Healthcare Innovation Competition Entrepreneurs and startups are invited to showcase groundbreaking solutions that address the world's most urgent healthcare challenges

Interesting insights from 3 health-focused investors at a recent conference in Phoenix. TLDR: They are "cautiously optimistic" about digital health technology funding in 2024; companies are getting funded but also at lower valuations. KMS Healthcare works with many digital health technology startups who are looking to "do more with less," when it comes to funding. Investors want to know that you will spend your money wisely; KMS Healthcare has a very compelling ROI given that we facilitate our customers' success by coming in under budget and ahead of scheduling using fantastic expert talent in Vietnam. #techoffshoring #digitalhealth #technologyoffshoring #technologyoutsourcing #MVP https://lnkd.in/ekmJbmW3