Sunday, October 9, 2011

Health 2.0: Innovators, Opportunists & Delusionals

h20Last week, Health 2.0 wrapped up its largest ever event with 50 percent more attendees than their previously largest event. A number of companies launched during the conference, but like many events the most interesting activity wasn't what happened on the main stage but the many side meetings/events that took place. The other notable item is the recasting of major corporations from within and outside of the traditional healthcare arena. One of the most intriguing quotes was by Mark Bertolini CEO Aetna who stated "We're evolving into a HealthIT company with a health insurance component." He stated that $12B out out of their $34B in revenue was from non-insurance revenue streams and they have done over $1.6B in acquisitions in the last year. There's much more to come from large corporations. I had several conversations with Fortune 100 companies who are extremely serious about having a presence (or expanding their existing presence) in the healthcare industry. Most haven't announced anything but don't be surprised to see more in the coming months.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/CeFdSxjt7HI/

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