How GV decides which healthcare companies to invest in

GV, the venture capital arm of Alphabet, spends little time focusing on direct patient care or purely technological healthcare solutions, instead concentrating on hospital infrastructure and intersections with pharma, GV venture partner Ben Robbins, MD, told the American Journal of Managed Care in an interview published July 11.

Advertisement

“The issue is just that, when there’s technology solutions, it’s often just really hard to get providers to understand the technology, to use the technology,” Dr. Robbins told the publication. “They’re often really busy, they have sort of bad experiences with legacy software. So we spend most of our time looking at the intersection of technology and services.”

In researching where to invest money, GV’s healthcare team talks to academics at places like Johns Hopkins University about, say, home healthcare, learning which at-home services are most effective, have good returns on investment and overlap, Dr. Robbins said. 

GV also has to be nimble because a lot of venture capital deals are competitive and happen fast, he said.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Disruptors

  • OpenAI signed its first international hospital partnership with Ramat Gan, Israel-based Sheba Medical Center. The deal, according to a July…

  • Microsoft is continuing to hire for health tech roles including a forward deployed AI engineer position tied to its healthcare…

  • Amazon is hiring software and applied-science leaders, AI engineers and a healthcare cybersecurity specialist — the kinds of roles hospital…

Advertisement

Comments are closed.