Partner at HLM Venture Partners
Steven Tolle is a Partner with HLM Venture Partners. He brings to HLM 30 years of commercial health care technology expertise in the areas of strategy, business development, and product management. Steve has spent his career helping to develop and manage some of the most important themes in health care innovation and investment today, including artificial intelligence, diagnostic imaging/medical devices, electronic health records, population health, managed care and value-based pharmaceutical pricing. Prior to joining HLM, Steve was global Vice President of Strategy at IBM Watson Health. Previously, he was Chief Strategy Officer at Merge Healthcare (acquired by IBM for $1B in 2015). Steve led the effort to move Merge Healthcare into the AI space and played a key role in the successful sale to IBM. As part of the Merge/Watson Health leadership team, Steve worked on over $2 billion of strategic M&A deal opportunities. Other notable previous roles include Senior Vice President/General Manager at Optum, Vice President of Product Management at Allscripts, and Director of Product Management at Pfizer.
Session: The Exciting Future of Digital Health Investment
Before the pandemic, digital health investments were steadily increasing year by year but 2020 was a massive year for digital health investment. The Digital Health Market size was estimated over USD 106 billion in 2019 and the industry will grow at 28.5% CAGR through 2026. A growing number of COVID-19 cases across the globe has increased the adoption of digital health technologies and will boost the digital health industry growth. With so many new entrants and deals coming into the digital health space, how do investment firms manage all the new entrants and deal flow effectively? What effects has COVID-19 had on health-tech investment strategy and where are the opportunities for innovative solutions to emerge? Is the current crisis prompting a fundamental shift in favor of healthcare digitization? What digital health investments are here to stay and what are just noise? Leading digital health investment funds discuss the exciting future of digital health technologies.
Additional information and programme of International Digital Healthtech. Healthcare & Pharmacy Conference – here
