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  • Writer's pictureJeffrey Lewis

Why Most Healthcare Technology Companies Will Fail

In the market today, there are at least 14 unique technology verticals within healthcare and 5-50 companies within each vertical making it difficult to know who to partner with on what. Most of these companies are likely to fail within 12-24 months because of a willful failure to appreciate and/or naiveté when it comes to:

1. Clinical Workflows

2. Payment Models

3. Regulations

4. Culture

5. Cybersecurity

6. Technical Gaps

While engaging with more than 30 CEOs and tech executives over the past 6 months, the above themes have become abundantly clear. We are likely to see a thinning of the technology herd and those that remain will have adequately understood and adjusted to the dynamics within healthcare.

Please let me know what you think. Like or comment below.

About the author: Jeff Lewis is an RN consultant at NextGen Executive Consultants LLC


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