General Catalyst’s Daryl Tol on What the VC Firm Looks for in Hospital Partnerships

Daryl Tol has gotten an upfront look at healthcare’s digital shift from both the hospital C-suite and as a venture capitalist.

Tol, the former president and CEO of the Central Florida division of Altamonte Springs, Fla.-based AdventHealth, is now head of health assurance for General Catalyst.

“There was so much I didn’t see from my executive office,” he told Becker’s. “I kind of viewed the massive number of incoming requests to meet with me and share new technologies as a nuisance. There was so much noise. Since I’ve started here, I’ve learned so much that I was just flat unaware of and I know my colleagues were unaware of.”

General Catalyst has been getting a lot of attention for its recent foray into healthcare. The venture capital firm has been busy partnering with health systems to boost their digital offerings and scooping up former hospital executives.

“We add our hundreds of companies that we talk to, that insight, that looking around the corner to see what’s next on the horizon and what looks like it’s going to work,” he said. “We bring that into the executive tables of our partners and talk about driving transformation with them.”

That might entail collaborating on a totally new invention, scaling a project the health system already has, or bringing in an outside partner from the health tech sphere. Read more.

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