Name: General Catalyst Launches HATCo, Sets Sights on Health System Acquisition - Digital Health Wire
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General Catalyst Launches HATCo, Sets Sights on Health System Acquisition - Digital Health Wire

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Skip to contentLast week’s action-packed news cycle brought plenty of headlines, but General Catalyst might have stolen the show with the announcement that its new company HATCo is on the hunt to acquire a health system that’ll serve as a proving ground for tech-enabled care.While the blog post unveiling the Health Assurance Transformation Corporation left plenty to the imagination, it got the point across that “HATCo’s charter is not to disrupt healthcare systems,” but to be a blueprint for a better care experience guided by five foundational principles:Sitting at the helm of the new company is former Intermountain Health CEO Marc Harrison, a seasoned leader who promptly laid out HATCo’s three strategic priorities:Investment firms are no strangers to hospital acquisitions and restructurings, but their ambitions have always stopped short of direct ownership and care delivery.The TakeawayGeneral Catalyst is flipping the standard approach to digital health on its head, acquiring a health system to serve as a sandbox for its portfolio companies as opposed to working with traditional providers to test new solutions. HATCo is the vehicle for a potentially seismic strategy, and its long-term focus might fill the holes in the Silicon Valley mantra of “move fast and break things.” The company’s real impact will ultimately be shaped by the acquisition target it lands on, but apparently we won’t have to wait more than a few months for that detail.Check out the other stories from this issue here:HATCo Launch | KP Strike UpdateGet the top digital health stories right in your inboxTeladoc’s Q3 numbers are in, and they were “mixed” enough to weigh down the broader digital health sector.New study finds that the way people are introduced to AI models can have a major effect on their perceived effectiveness.Rock Health broke down responses from 87 early-stage digital health startups to provide benchmarks for key performance metrics.Completely free. Every Monday and Thursday.It's great to have you as a reader. Check your inbox for a welcome email.-- The Digital Health Wire teamSelect All

Skip to contentLast week’s action-packed news cycle brought plenty of headlines, but General Catalyst might have stolen the show with the announcement that its new company HATCo is on the hunt to acquire a health system that’ll serve as a proving ground for tech-enabled care.While the blog post unveiling the Health Assurance Transformation Corporation left plenty to the imagination, it got the point across that “HATCo’s charter is not to disrupt healthcare systems,” but to be a blueprint for a better care experience guided by five foundational principles:Sitting at the helm of the new...

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General Catalyst Launches HATCo, Sets Sights on Health System Acquisition - Digital Health Wire

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