How Health Technology Companies Can Transform The Consumer Experience

POST WRITTEN BY: Lee Shapiro

CFO at Livongo Health https://www.livongo.com; Co-Founder & Managing Partner of 7Wire Ventures

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In my experience working with tech in the healthcare field, I've observed there is a common misconception: More devices and apps will result in better health. But from my perspective, these can create noise. And I believe this increased noise can make healthcare more confusing, complex and costly for the millions of people who live with chronic conditions.

In the past 10 years, I've seen an explosion of new wearables, apps, digital health devices and point solutions that are fueled by record-breaking investments and funding. Today, health technology is growing at an unprecedented rate, and many of us likely see it in our daily lives. Despite these advances, living with a chronic condition remains a struggle. Clearly, something doesn’t add up.

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