Vijay Patel, CVS Health Ventures, on the imperative to invest in digital health


Manage episode 298449520 series 2587257
By The Pulse by Wharton Digital Health. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In this episode, we chatted with Vijay Patel, Co-Founder and Partner at CVS Health Ventures, a $100M fund dedicated to investing and partnering with high potential health technology startups aimed at building towards CVS’ vision of creating more consumer-centric care. We discussed: - The establishment of CVS Health Ventures as a fund dedicated to digital health opportunities, creating the potential for longer-term strategic actions and extended time horizons for realizing investment payoff - The mandate of CVS Health Ventures to not only invest in but also partner with high-potential, early-stage digital health companies to forward CVS Health’s strategic goals of making health care more affordable and accessible for consumers - Leaning into CVS Health’s role as a trusted health care provider in communities by continuing to partner with local and national organizations to expand health care access - Investing in behavioral health, diagnostics, and virtual care delivery assets and capabilities - trends accelerated by COVID-19 and likely to persist

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