Empowering mHealth Gazelles

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davidshrier

Santé & Médecine Business Technologie

Empowering
mHealth gazelles
E&Y’s hypergrowth companies practice (SGM)
@ mHealthCon, New Brunswick NJ

01 December 2011

Fast facts about
Ernst & Young LLP
Well-known facts:
► Been around a while: since 1849
(including predecessors)

► Global: 150,000+ people in
140+ countries
► Premiere Big4 accounting firm

Little-known facts:
► Entrepreneur of the Year for 25 years & Winning Women Entrepreneurs for 4 years
► Heavily involved with emerging economy entrepreneurs: Endeavor Entrepreneur,
EO/GSEA, EY Fellows Program, other support
► Google (NASD: GOOG) become a client @ 5 employees, still a client

01 December 2011 Page 1 Empowering mHealth gazelles

E&Y’s gazelle preserve

80%
of top-20 IPOs since
…and a host of high-caliber, fast- 2007 are E&Y Clients
growing businesses Source: E&Y LLP analysis, November 2011.
Top 20 IPOs in range Jan 1, 2007 – Sep 22, 2011.

► We empower gazelles for success
► How?
► By superserving the client with advisory, tax, audit,
transaction & other services. Try us – we’ll surprise you.
01 December 2011 Page 2 Empowering mHealth gazelles

Nurturing and empowering
the gazelle: a case study
revenue $35.8bn TTM
$ bn

IPO

$0.35bn $3.2bn
$0.0002bn
Not to scale
time
1999 2002 2004 2011

01 December 2011 Page 3 Empowering mHealth gazelles

Tracking gazelles in the wild

01 December 2011 Page 4 Empowering mHealth gazelles

How do you find the next
innovative market leaders? (origination 101)

► If you know the answer, email ► March of the 10,000
JohnD@kpcb.com
5-year aggregate KPI’s
► Volume, engagement, filters
Raw
► Volume: Kiss a lot of frogs leads 10,000
► Engagement: Superserve the
market before they’re clients,
increase as you filter
Qualified
► Filters: VC-style criteria leads 1,000

Pursuits 100
► Apply best practices
Clients 30

10 market leaders
01 December 2011 Page 5 Empowering mHealth gazelles

Gazelle hunting: cast a wide net
(even non-clients end up benefiting, plus adding value to clients)

EYecosystem

EY stealth project #1
coming 1Q 2012

EYclient

EY stealth project #2
coming 1Q 2012

01 December 2011 Page 6 Empowering mHealth gazelles

Gazelles in healthcare innovation

[a more refined
target]

01 December 2011 Page 7 Empowering mHealth gazelles

Spotting the footprints…
health innovation trend watch
Trends A few specific focus areas
► Outcomes-based medicine ► Revenue innovations
► Utilization incentive Outcome incentive
► Decentralization of POC ► Subscription medicine
► Consumerization of healthcare
► Tech: better, faster, cheaper
► Concierge medicine ► Sujoy Guha’s 10 minute, $10 vasectomy
► Desktop gene sequencing
► Consolidation of providers
► Business model innovations
► Making Big Data useful
► Frequently mHealth-enabled
► Global connectivity ► Integrated health systems like McKesson
and Essence Healthcare
► Global virality…not in a good way
► Disruptive technologies
► Disruptive business models

01 December 2011 Page 8 Empowering mHealth gazelles

3 cool /ideas in mHealth
(a “fantasy baseball” VC portfolio)
Does not represent an official endorsement or investment recommendation by Ernst & Young LLP.
Solely a personal opinion of what David Shrier finds interesting this month.
Caveat Emptor.
Ernst & Young LLP may have financial, business or other relationships with one or more of these companies.

Connecting patients Connecting patients Connecting all
and doctors and payers HCPs

► Notice a common theme…?

01 December 2011 Page 9 Empowering mHealth gazelles

On a personal note…my big sister also
speaking about mHealth in December
► Next week’s national mHealth conference, Washington DC
► Harvard’s Center on Media and Child Health (CMCH)

www.CMCH.tv

01 December 2011 Page 10 Empowering mHealth gazelles

> Entrepreneurship starts with “E”.
> Ernst & Young LLP.
David L. Shrier
► Entrepreneur in residence, Ernst & Young LLP

Connect with me:

► @DavidShrier

► david.shrier@ey.com

► 40° 45' 21" North + 73° 59' 11" West
// 5 Times Square, NYC

Photo © 2011 Dianne and David Shrier.
Used with permission.

01 December 2011 Page 11 Empowering mHealth gazelles

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