Bring out your hype, disgust, regrets and magic wands. That was the underlying theme of a cathartic panel discussion at Health 2.0 this week. Fueled with some alcohol — truth teller and social lubricant — the panel sought to exorcise some of the demons that plague digital health. But the discussion also called attention to suggestions on how to improve the world of health tech.
The panel was moderated by Jeff Makowka of the AARP and included Geoff Clapp, an entrepreneur who mentors startups and was the co-founder of Better, which shut down last year, Alexandra Drane, co-founder of Eliza Corp, Lisa Suennen of Venture Valkyrie, and Jody Holtzman of the AARP. Although I was free to take notes, one caveat was that I would not attribute comments to individuals.
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Although there was plenty of humor, it was an engaging discussion and one I’d like to see more often at other health tech conferences. Here’s a short list highlighting some of the most interesting points.
Hype
Acceleratorholics. This is an industry-wide problem but the first step is admitting you are one.
Anything that says it is revolutionizing healthcare.
Companies should stop bragging about how much money they’re raising or at least give as much attention to the revenue they’re generating.
Regrets
We are self righteous.
We don’t ask hard questions and we try to convince each other.
In the magic wand round on what panelists would like to ban or change:
You can’t sell something that you yourself wouldn’t use or do.
Cut the number of startups and put them to work on important issues.
Make it easier for women and minority-led startups to get investment.
Entrepreneurs should be taught how to deal with unwelcome advances from investors.
Photo: Flickr user somegeekintn