| | December 20218UTLOOKHealthcare Tech IN MY OPINIONDr. Daniel Haders is currently the Co-Founder of Model Medicines, an AI/ML Drug Discovery company that has built a pipeline of preclinical broad-spectrum antiviral compounds in the last 12 months. Prior to co-founding Model Medicines, Daniel launched the Nex Cubed Digital Health Accelerator. Here, Daniel built an early-stage investment portfolio of 28 Digital Healthcare companies with an enterprise value of over $200M with investment results that would place the portfolio in the top decile of venture capital. The accelerator has been named one of the "Top Ten Global Digital Health Accelerators" and "The Best Accelerators and Incubators for FemTech Startups." He is also an Operating Partner at Sway Ventures, a venture capital firm located in the United States, where he helps manage Digital Health investment and portfolio supervision. Dr. Haders serves as a Board Observer at Applied VR, a digital therapeutic firm that just received FDA breakthrough device classification for its VR technology. In an interview with Healthcare Tech Outlook Magazine, Daniel Haders, Managing Director & Digital Head of Nex Cubed, talks about the current status of the healthcare startup space, how it has evolved over the years and the challenges that this landscape is facing today. How has the healthcare startup ecosystem evolved over time?The use of technology such as data science, machine learning, and artificial intelligence, which is radically transforming the face of healthcare, is the most important trend in healthcare startups. Although digital healthcare has been in some form or another since the late 1990s, its current influence on healthcare, both in terms of care delivery and the pharmaceutical business, leads many to believe it started in the early twentieth century.What are some of the major challenges in the healthcare startups landscape, and how can they be mitigated effectively?One of the most significant challenges in the US healthcare system is that the person who prescribes medicine or performs a medical treatment is not often the same as the person who pays for the prescription or operation or the person who receives it. As a result, it's very complicated. The structures of who bears the risk are f requ en t l y an extreme challenge for h ea lt h c a r e s t a r t u p s because there a r e quite a few companies that have Dr. Daniel HadersShaping the Future of HealthcareBy Dr. Daniel Haders, Managing Director & Digital Head, Nex Cubed
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