June 29, 2012
Entrepreneurs disrupt health care model
Upstart entrepreneurs are upending the business model for health care, and this morning’s Supreme Court ruling upholding the heart of the reform law won’t change that.
Innovative business leaders are exploring the edges of how health care is delivered, records are kept, and doctors are vetted. The ruling is just one factor in the overall health care changes they’re seeing and pioneering.
Before the surprise ruling came down, one such company announced it had raised $34 million.Practice Fusion, which helps providers keep electronic medical records, had the VC haul.
Lauren Fifield of that San Francisco startupwrote in a blog post.
Other entrepreneurs told me they were watching the court closely, but the justices’ call–as important as it is–wasn’t a make-or-break one for them.
Matt Jacobson, the chief executive of SignatureMD in Santa Monica, California, said the biggest driver for his company is demographic. Signature is one of a new wave of providers of so-called concierge medicine, in which patients pay a flat fee up front to take care of their primary medical needs.