Start-ups partnering with hospitals, not tech giants, can fix health

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In terms of technology, Lonsdale wants to invest in tools that can help patients achieve better outcomes. That means algorithms that can help health providers figure out “this action at this time to help the patient get better,” he said.

For example, oncologists with better information about their cancer patients could make more informed and personalized decisions about treatment options.

“We could be saving a lot of people,” Lonsdale said.

While he’s investing in start-ups, Lonsdale understands that entrepreneurship alone can’t solve all of the problems of health care, a complex multitrillion-dollar sector dominated by incumbent health plans, insurers and hospital groups.

Rather, the government needs to play a role in helping change incentives, so health-care companies can get properly rewarded. That includes encouraging electronic health records companies to work together so patient data can flow more smoothly between hospitals, clinics and patients.

If the government required these systems to be open, “we could solve the problems more quickly,” Lonsdale said.

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