SPI Digital Health: Better Together? General Catalyst Reacts to Competitive Challenge
Published: October 11, 2023
A recurring theme reported by Signify Research over the last year is the consolidation of US and UK hospital IT procurement around larger vendors and their more ‘rounded’ EHR, value-based care (VBC) and health IT solution portfolios. As we pointed out in this Insight in particular, this trend is a competitive threat to ‘point solution’ vendors like many of the startups that sit within the General Catalyst (GC) portfolio.
Perhaps GC has heeded these observations, with news emerging last week of its plans to merge two companies in its stable.