One of the reasons Tim Fitzpatrick recently joined Altus Alliance was that we have seen a wave of exciting new companies as well as new opportunities within established companies. In fact, we are seeing a big need from horizontal technology companies seeking to verticalize into healthcare.
That is what Tim did while for Citrix and what Dave Chase did when he started Microsoft’s healthcare business transforming it from the worst-performing vertical for the company to one of its strongest performers.
While most of the companies we are working with are in the Healthcare I.T. arena, innovations aren’t limited to the I.T. side of healthcare. Second Avenue Partners has backed Qliance which is disrupting the health insurance business. Chase profiled Qliance on the Seattle Startup Buzz blog. Given the track record of Nick Hanauer and Pete Higgins, it is a great endorsement of Qliance’s model.