Livongo Has Opened a Floodgate to the Wave of Digital Healthcare

Floodgate to the Wave of Digital Healthcare

The Livongo’s IPO event happened only a few weeks ago. By the end of their trading debut, that left the company valued at about 3.4 billion dollars, Livongo has proved two things, first that it is possible to empower people for living healthier by focusing completely on their entire being and second that the combination of the solutions that are driven by technology with a humanly touch proves to be a successful model of business in healthcare.

Using technology for helping people in effectively managing conditions of chronic health such as diabetes, Livongo has proved that their model of business is effective in improving the consumer health, and is less costly for the people, and hence is also attractive for investors, particularly because the model can expand into diverse markets and scales throughout the world. Unlike most of the traditional health care companies, Livongo is helping people to use less-intrusive technology and instead go for an easily accessible network of professional support for changing and maintaining a behavior which leads to healthier lives.

While this has not been the model of business in the past, it seems that the health care is headed this way. Livongo isn’t the only company having a model like this. Another famous startup which has a similar model is Noom, and many more are continuing to enter the market. Livongo’s IPO is not just an exciting success story but it plays a role of catalyst for the upcoming wave of digital healthcare.

 

Shreyas Tanna

About Shreyas Tanna

The winner of Mr. Pune 2009 Pageant, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called Research N Reports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Markets Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and ResearchMoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. ResearchMoz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”

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