5 Reasons Why the Revolution Health and Everyday Health Deal is Great for Health 2.0 Movement

While the financial markets are in turmoil, the online health sector is making major strides and heating up in a huge way. (WebMD is even up right now over 4% in the markets while the DOW is getting killed again).

We've outlined 5 major reasons why several new deals and news announcements in the online health sector will have a big impact on the Health 2.0 movement over the coming months and years. 

The Race Begins
In the past week alone, we've heard news of a possible merger between Everyday Health and Revolution Health which would make it the largest health information publisher on the Web and the first competitor to ever surpass the leading online health brand WebMD in online reach. Wasting no time, this week WebMD announced it's $50 million acquisition of Quality Health, extending its current reach as a leading brand of health information.

Additionally, last week comScore announced this major news: the online health information category is growing at a rate four times faster than the total Internet with the category up 21% in the past year.  While other sectors are contracting or flat, the online health space is growing by leaps and bounds. 

5 Reasons Why the Revolution Health and Everyday Health Deal Matters to Health 2.0

1) Competition Expands Markets - There would be no Coke with out Pepsi or vice versa the saying goes.  The Revolution Health and Everyday Health merger would become a catalyst for more progress and is already igniting a new race with WebMD and several other of the top health publishers.  Having more power-house brands in the marketplace and increased competition will ignite innovation and breathe new life into the sector in a major way. 

2) More Opportunities for Exits and Strategic Deals - As we saw this week with the Quality Health deal, this new race between Revolution/Everyday Health and WebMD will create new energy in the sector and creates a greater appetite for deals, mergers and acquisitions.  This is good news for health start-ups which in turn leads to... 

3) Start-ups Will Have More Access to Capital - An expanding market, new competition and growth in the sector will all lead to new investments in start-ups.  More great ideas will be funded, and the most successful start-ups of the past couple of years will continue to thrive. 

4) Environment for Innovation - The first wave of Health 2.0 companies launched about 3 years ago. In fact we were part of that wave of innovation that also included great companies like Sermo, PatientsLikeMe, AmericanWell, and Change:Healthcare to name just a few.  This growing market will lead to even more innovation from the premier Health 2.0 companies of the last few years as well as new ones that will likely start to crop up. 

5) Better Service for Real People - This wave of competition will force the major health brands in the space to offer something new, something different. The same old health services just won't do.  These companies will have to move faster, be smarter.  We will see the largest health brands paying more attention to and working with the leading Health 2.0 companies in the space.

These are exciting times and we've got a long way to go as an industry.  It's great to see the maturation of our industry. Even in these early stages we are all progressing in a way that will have a significant impact on the future of people's health.

What health topics are people searching for today? Check OrganizedWisdom's Top 50 WisdomCards

Here's a list of the Top 50 WisdomCards people are searching for on OrganizedWisdom now:

  1. Pictures of Infant Rashes
  2. Exercise
  3. Running
  4. Diabetes (Type 1)
  5. Breast Cancer
  6. STD Pictures
  7. Ovarian Cysts
  8. Applebees Restaurant Nutrition
  9. Lyme Disease
  10. Syphilis Rash Pictures
  11. Asthma
  12. Breast Calcification
  13. Avandia
  14. Heart Disease
  15. Pregnancy
  16. Stroke
  17. Skin Rash Identification
  18. Yoga
  19. Bennigan's Nutrition
  20. MRSA Pictures
  21. Chili's Restaurant Nutrition
  22. Chipotle Restaurant Calories
  23. Famous People with OCD
  24. AIDS
  25. Abnormal Reactions to Mosquito Bites
  26. Home Treatment for Sebaceous Cyst
  27. Burger King Fast Food Nutrition
  28. Sexually Transmitted Diseases
  29. Cameron Diaz and Acne
  30. T.G.I.Friday's Nutrition
  31. McDonald's Fast Food Nutrition
  32. Pizza Hut Nutrition
  33. Famous People with Speech Impediments
  34. Starbucks Nutrition
  35. Celebrity Vegetarians
  36. Blimpies Nutrition
  37. KFC Fast Food Nutrition
  38. Celebrities and Fad Diets
  39. Photos of Skin Cancer
  40. Jessica Simpson and Acne
  41. Taco Bell Fast Food Nutrition
  42. Olive Garden Nutrition
  43. Cramps During Early Pregnancy
  44. Sun Poisoning Rash
  45. Skill-Related Fitness
  46. Melanoma
  47. Bruised and Swollen Top of Foot
  48. Shingles Rash Pictures
  49. Blood Type Diet
  50. Celebrities with Autistic Children

20 Benefits of Building A Green Start-Up And Going 100% Virtual

One of the best decisions we've made since we launched OrganizedWisdom Health two and a half years ago was to build a green company and get rid of our brick and mortar office.

We call it "Going Green, Virtually."

That's right.  No office.  No commute.  No paper.  We don't require team members to punch a time clock. No spending wasted hours in traffic driving to work just to sit in a desk much farther away from one's home and family.

And as a result of Going Green Virtually, the benefits have been enormous. In fact, we believe it's one of our key ingredients to our rapid growth, dramatic increase in productivity, agile innovation cycles, and team member happiness.

Since we officially made this transition to Going Green Virtually over a year ago, we have debated the merits of our decision many times.  We've often asked, would we be more productive if we were all sitting in the same room everyday?  Would our team members be better off commuting to and fro? Would our ideas be better?  Would we attract better talent? Would we have more or less expenses? Would our business be more successful?  Would our product be better? Would we be more happy?

The answer to every question each time we assess our operations is simply, no.

The fact is, on the rare occasions when we do need an office, we still have access to great space and conference rooms because anytime (usually once a month) we can use one of our investor's offices. We use this space for strategic brainstorms, to white board in person, or to host investors or interview new team members.

We're not only proud to be building our company this way, but we believe that there are countless benefits to growing our company this way.  We see the way we are building OrganizedWisdom as the wave of the future in terms of how start-ups will be founded and great companies grown. And it's becoming clear that much larger companies are going to have to learn to operate this way too. For all of you entrepreneurs out there, here are 20 major benefits we've seen so far by Going Green Virtually.

1. Access to the world's very best talent pool: We can hire our team members from anywhere that has great Internet access.  This essentially means we can hire someone in the mountains, the woods, and cities and towns large and small.  This means we can hire globally. We are not confined by the city our main office is in to find the best talent.  We don't force people to relocate when they join our team. We don't have boundaries for where we can hire. We just work to hire the very best people, period.

2. Increased productivity: We don't waste time monitoring what time people come into an office.  Our technology, collaboration tools, and goals are designed to focus on productivity, not merely time spent. Our system gets better because it's not about how much time something takes, it is about how efficient and productive it is.

3. Metrics based goals: Because we are productivity focused, we are forced to make sure every goal is measurable.  When every goal is measurable, then chances are it is more clear what needs to be done.  This make it easier to keep your strategy and team focused on the goals that really drive the health of the business.

4. Less interruptions = less wasted time: Offices breed politics, disruptions, excess meetings, etc. We still have group chats in Campfire and on IM, but we've noticed many of the distractions that come with office life are replaced by things like being home when you kids get home from school or being able to make yourself lunch at home. Being virtual replaces the negative interruptions with meaningful interruptions.

5. No commute: This saves everyone of our team members probably at least 10 hours a week and lots of money on transportation, parking, and food costs.  People can use this time to spend with their family, get more rest, on hobbies, and even on being more productive.

6. Flex time: We let our team members work when they are most productive and set their own schedule. We monitor production, not a time clock. We trust our team members to do a great job and as a result they do an even better job.

7. Huge cost savings: There's huge cost savings for the company AND for our team members. They don't have to spend money on gas, tolls, parking, less car maintenance, food away from home, after school daycare, etc.  We don't have to spend money on expensive office space, chairs, desks, equipment, energy, and on and on. To us it's a no-brainer.

8. Rapid innovation cycles: Because we use collaboration technologies and new communications tools we are able to work in smaller teams and innovate more rapidly.  There is no big bureaucracy to slow us down. 

9. No more meetings:  We don't do meetings.  We publish goals and metrics.  We have an ongoing group chat. We build a team run knowledge base and community forums which get smarter with every input. We don't travel to meetings and take our team members away from doing what really matters: building a great service to help more people. We'd rather spend our time doing and less time talking about doing.  Again, because we are metrics focused, people already know what to do.

10. No searching for office space: For those of you entrepreneurs in San Fran or New York you know how much wasted time and energy goes into finding and setting up an office. Imagine never having to do this again. Imagine not ever growing out of your office space. Pretty great dream huh. It's a reality when you go green. It also enables us to focus on innovation rather than operations.

11. Ability to scale quickly: Because we depend on bits, not location, we can scale up or down instantly. This makes us nimble, efficient, and ready for growth and opportunities within minutes not months.

12. Diversity: Our team members come from all over. They live in the community we serve: all over the US. Often time, especially with media, Internet and content companies there's an unintentional bias influenced by the might of a city like New York or San Fran.  Growing up in Iowa, I know that often times the coasts just don't get it:-)  So we're happy we get to bake in a much more diverse perspective and cultural outlook into our product then that of one particular region.

13. Global operations: Again, because we are not constrained by a brick and mortar office, we can leverage resources from overseas whenever it makes sense.

14. Forced to learn new technology: We are an Internet and technology company.  By being forced to practice what we preach, we are early adopters at every turn.  This keeps us ahead of the pack and helps us keep finding new ways to save time, energy, money and increase productivity, quality, and team happiness.

15. Tap the power of part-timers: Lots of people don't want to or can't work full-time jobs, but they have an interest and passion in working part-time.  We get to work with these people too.

16. A 24 hour work cycle: The web is open 24 hours a day and so are we. We don't have the same constraints because our team members are in multiple time zones already.

17. More time with friends and family: One of the best advantages to building this type of business is the ability to be there for your friends and family more.

18. Happier employees: Because our team members don't have to commute, relocate, waste time on the train, can work when they are most productive, and can spend more time with their families, we have happier employees.  Happier employees = more loyal and productive team members.

19. We're Going Green Virtually! We're trying to do our part to help the environment and our team members anyway we can. People don't have to buy gas, we don't use paper, and we don't have a big office to waste energy on.Let's get thousands of companies to do this!

20. Share your thoughts: If you've gone green already please post your feedback on what's worked (or hasn't worked)...

Technology has truly changed everything over the past few years.  We feel blessed that we get the opportunity to build our business this way, and proud to share our wisdom as we grow and evolve.

We hope you'll consider Going Green Virtually soon too.

(Here's a link to our careers page at OrganizedWisdom.  We're always looking for the best team members to join us).

Will the future of health search be mapped to your DNA?

We think so. And we'll be speaking more about this concept tonight on a panel with John Doerr called Personalized Genomic Health: New Paradigms, New Industry. 

The discussion is about new paradigms with personalized genetics.  We are going to be introducing a concept that I think will have a dramatic long-term impact on education/personalized information especially as it relates to health search.  Today we have local search, and we have tailored search based on your interests and behaviors.  And we have algorithms and we have expert guides. It starts to get even more interesting if you consider this: the new local search will be information/education and search results that are actually personalized to your DNA/Genome.  I think it is a big idea that OrganizedWisdom will be working on in the coming years to help people get better health information tailored specifically to their needs and interests.

If you're in NYC, hope to see you at the event. There will be a lot of discussion around this concept and it's implications. If you can't attend, feel free to share your feedback or ask questions in the comments...

Personalized Health Information Based on Your Genome

Navigenics Health Compass is launching this week in NYC at a series of events and panel discussions called DNANYC.  OrganizedWisdom Health is thrilled to participate on the panel Personalized Genomic Health: New Paradigms, New Industry this Thursday evening.  Steven Krein will join John Doerr, David Agus, MD, and Dean Ornish MD  to focus on the impact these new services will have health care services and health information.

As more people use services like Navigenics Health Compass or 23andMe.com, they will need personalized information and education to help them better understand their genomic report. One reason the service from Navigenics is so interesting is because it provides 24/7 access to a team of Genetic Counselors to help explain what your genetic analysis means and support you in knowing how to take next steps. OrganizedWisdom is supporting this concept by developing WisdomCards on each of the relevant SNP Codes and health conditions currently mapped by the reports. Get your genome mapped, and use OrganizedWisdom's WisdomCards to research more about each of the specific conditions in your report.

Personalized health information tailored for an individual is here.  Just like people want specific information tailored to their location and interests, they will be able to get education and WisdomCards that map to their human genome. 

Pretty amazing where this is all going.  And it's only just the beginning.   

WIRED Says To Search Smarter, Use a Person

The human-guided search trend continues to gain traction as more companies are integrating the power of human intelligence with great technology.

Now the mainstream press has finally gotten around to covering the trend.  Newsweek featured a piece on the rise of the expert a week ago, and here's a great read from WIRED:

"Algorithms Are Terrific. But to Search Smarter Find a Person."

Getting Vertical Search Right: The Future of Search is Service

Logotop Just about to head over to SES right now.  Steven Krein is speaking on the main stage this afternoon about Getting Vertical Search Right.

We'll be presenting on our strong belief that the future of search is SERVICE.

At OrganizedWisdom Health we realized when we launched that when people are searching for something as important as health information, abundance is not what they are looking for.  Service is.  Most people want information, links, and resources they know they can trust.  It's no longer about getting back 1.4 million search results in .09 seconds.  People want to be guided to a few of the very best links on the topic they are searching for.  People want vetted information, curated links.  Not just a big heap of Web pages with relevant key words and lots of links in/out.

This is where the concept of service comes in.  There are great search services developing that are layering experts, and the power of human guides, onto the world's best search technologies.  Mahalo is an example of a general human-powered search service covering popular search topics from video games to entertainment news.  ChaCha is an example of a general search service where experts will help you via live chat or text.   SeamlessWeb helps people search local restaurants and place orders for delivery.  And OrganizedWisdom (what many have dubbed the Mahalo of Health) is a search service using experts and doctors to guide people to the very best health information and resources.

We believe that as a result of abundance (too many web sites, too many spammers, too many marketers, too many offers, too much information, too many options), there is going to be a powerful service infrastructure that gets built on top of search technologies.

Let me give you two key examples of services we have layered into the search experience and offer at OrganizedWisdom Health.

Last year we launched RequestWisdom - a free service where anyone can request a WisdomCard on any health topic.  If we don't already have the requested WisdomCard created, one of our expert Guides will build the WisdomCard and send the results to the person and publish for all other searchers benefit.  We do the searching for the user.  The good news is that most of the time, our team has already created a WisdomCard on the requested topic and our library of WisdomCards is growing every day (now have over 10,000 health searches covered).  But by adding a free service onto our already running human-powered search service, we are able to deliver specific, clutter-free and organized results that our community needs.

Another example of layering service into search is the new service we are testing in private beta and rolling out site wide soon.  It's called LiveWisdom, and enables anyone to chat LIVE with a doctor to ask questions for $1.99 a minute.  It's an anonymous service and easy to use.  We're adding the service of speaking with a doctor in real-time during the search experience.  We believe that connecting with a doctor should be easy, affordable, and accessible by all.  By adding this service into our search process, we make this a reality.

We'll be talking about these examples and many others today along with an incredible panel of experts.  We hope this spurs a great discussion and others begin to think of new ways to integrate service into search.

Panel Details:

Orion Panel: Getting Vertical Search Right
The need for specialized search capabilities has never been more prevalent than it is today. Established leaders and experts in vertical search application and execution will discuss the state of the industry, positive and negative experiences and best practices for answering needs of today's demanding searchers.

Moderator:
     
Speakers:

Newsweek: UGC Pendulum Swings to Info Vetted by Experts

Tried to search blog posts recently in Technorati?  Or find the best videos on YouTube? Or how about just searching Google to answer an important health question?

It's getting more and more difficult as a result of the millions of Web pages, blogs, and videos being posted by millions of Amateurs - the so called crowd.  This is an issue we've been speaking about for more than two years now at OrganizedWisdom so you can bet we were happy to see the most recent issue of Newsweek highlighting the "expert" powered movement online.

The article titled, Revenge of the Experts: The individual user has been king on the Internet, but the pendulum seems to be swinging back toward edited information vetted by professionals, picks up on the fact that user-generated content created by amateurs has flooded the Internet.

In short, the expert is back. The revival comes amid mounting demand for a more reliable, bankable Web. "People are beginning to recognize that the world is too dangerous a place for faulty information," says Charlotte Beal, a consumer strategist for the Minneapolis-based research firm Iconoculture. Beal adds that choice fatigue and fear of bad advice are creating a "perfect storm of demand for expert information."

Perhaps no area of the Web is this issue more important than with health information which is why we've been focused on using the power of experts to curate the best health information.   Not only do people want to know that the health information they read online is credible, but they don't want to have to wade through a haystack to find the best nuggets.

We're not sure that the wisdom of the crowds is even close to peaking, but we couldn't agree more with this quote from Mahalo founder Jason Calacanis that helps end the piece: "Web 3.0 is taking what we've built in Web 2.0—the wisdom of the crowds—and putting an editorial layer on it of truly talented, compensated people to make the product more trusted and refined."

Expect to see the power of human guides, experts, and new service layers become more integrated into many of the most successful user-generated content sites.

Human-powered search engines offer a fresh experience

Scott Austin, from VentureWire, wrote a compelling commentary yesterday that does a great job of explaining the value of human powered search.

In his article, Trying to kick the Google habit, he says it's great to get 1.7 million Web pages in .017 seconds, but "it's laborious to sift through the results that aren't very organized. I rarely venture past the first ten results, and many of those listings are often stories from five years ago or links to sites that are placeholders for advertisements."

Judging from the dramatic increase we are seeing everyday in the number of health searches being conducted on OrganizedWisdom Health, there is no doubt that consumers are demanding more from their search results, especially when searching for something as critical as health information.

If you are interested in, or still unfamiliar with, the human-powered search movement, it is a worthwhile read.

What's in store for the Health 2.0 Movement in 2008...

For arguments sake, let's say 2006-ish was the year that Health 2.0 was born. At least that's when the first new companies really started to take shape in the space and promote innovation in health care in a significant way.  Besides our own OrganizedWisdom.com, companies like Sermo, DailyStrength and Revolution Health all launched new offerings.

But it was 2007 that turned Health 2.0 into a movement (a moment noticed by all who attended the Health 2.0 Conference last September in San Fransisco) and laid the foundation for what's to come over the coming years: an explosion of innovation, investment, and mass market adoption that if we have anything to do about it will bring us all new/better health care services, bring transparency to our perplexing system, and help us reduce health care costs.

So what's in store for the Health 2.0 movement in 2008?

2008 is going to be an important year for the Health 2.0 movement. 

That's because we are seeing a number of new products and services launch, get funded and strike new deals. Perhaps more importantly, several "start-ups" that have been around for a few years, will start to hit their stride, gain traction, and refine their business models.  But the biggest trend for this movement may be the integration of Health 2.0 services and ideas with the health care "establishment" -- large health care providers, networks, health plans, organizations and information providers as an example. 

Companies from the so-called old guard in health care are already starting to take notice of Health 2.0 from our own observations, but in 2008 they will much more actively get involved, and begin to learn how to integrate and innovate the ideas, thinking, and services that have been brewing these past few years.

Dozens of new online health companies were launched in the past 24 months and if you were at the Health 2.0 Conference last September, then you too felt the momentum that has been building ever since in our space.

We're feeling these trends take shape in big ways at our own OrganizedWisdom Health, but we know it is still very early.  There's a lot of work to do in 2008 (and 2009, 2010, etc.) and we look forward to helping bridge the gap between Health 2.0 and "Health Care".

 

Who is OrganizedWisdom?

  • OrganizedWisdom Health is a human-powered, physician-guided search service for health dedicated to helping people find health information, resources and services they can trust. We publish hand-crafted, high-quality health search results called WisdomCards that provide easy-to-understand research notes, fast facts, and links to top health information, resources and services.
  • OrganizedWisdom, named to PC Magazines Top 100 Undiscovered Web sites of 2008, was founded by serial entrepreneurs Steven Krein and Unity Stoakes.

    Contact Us about any press inquiries, partnership opportunities, general questions, comments, and feedback.

Additional Information

Blogs

Enter your email address:

Delivered by FeedBurner

Google

Visit organizedwisdom.com

  • Epharma