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Elder Care's Shift from Hospital to Home Creates New VC Opportunity

As care moves from hospital to home, eldercare providers will invest most in home health &  palliative care as the aging population grows. In The Wall Street Journal, Patrick Pilch, CBS '89, with Alta Partners & MedScience Ventures, explains how tech companies can compete in the space.
Published
June 15, 2018
Publication
CBS Newsroom
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Healthcare Program
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Healthcare

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Elder care is moving from hospital to home, according to BDO’s Candid Conversations on Elder Care. The study (with NEJM Catalyst) asks U.S. executives, clinical leaders and clinicians at nearly 500 healthcare organizations which areas they’ll invest in most by 2020—and how they’ll look to technology disruptors—to prepare for the growth of the aging population. Providers are planning to focus investment in home health (44 percent), palliative care (44 percent) and geriatric caretakers (39 percent). And they see the greatest opportunities for tech disruptors to improve elder care in home-based care (63 percent) and care coordination (58 percent). The emerging investment trends to improve elder care are creating new opportunities for venture investors. Patrick Pilch, CBS '89, Managing Director and National Leader of The BDO Center for Healthcare Excellence & Innovation, explains how in The Wall Street Journal.
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