Mark Cuban, billionaire investor, is one of the most well-respected investors today.
He recently spoke with MedCity News about healthcare investing. Here are five key points:
1. The direct-to-consumer market is hot — going after hospital technology is not.
2. Start-ups focused on sensor technology, like Owlet Bay Care and Nuvo Group, which support pregnant mothers, are growing.
3. Companies that cut out traditional providers, such as 23andMe and Theranos, which allows patients to get blood tests and gain health insights without going through a hospital, are companies Mr. Cuban is "enthusiastic" about.
4. Healthcare outside of hospitals is growing; urgent care centers and drug store clinics are getting bigger.
5. Big data analytics is a game-changer, and one of the next big opportunities.