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Tuesday, February 9, 
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Sector Watch: Kosmix RightHealth co-founder on the outlook in e-health

Posted on March 5, 2008 at 12:14 PM
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Google Inc. and Microsoft Corp. are on the move in the online health space, and it's not hard to see the attraction. Use of social networking health sites and search engines is growing briskly, so to find out where the sector is headed, I spoke with Kosmix RightHealth's co-founder Venky Harinarayan.

 According to Harinarayan 5% to 10% of all Web searches are on health.
"People want more detailed information about chronic conditions, and they want to build online communities to discuss this information," he says.

And within the next 18 months or so, Harinarayan says, a period of experimentation and creating new properties may give way to consolidation. Sites such as Careseek.com, a nursing site that allows nurses to do rating and reviewing of doctors, may not really be standalone sites, he says. Recent deals, such as intelligent search site Medstory being acquired by Microsoft and Healia, which was bought by Meredith Corp., may be harbingers of what's to come.

There are two challenges right now in the online health space, according to Harinarayan. Physicians, who are also in the process of transitioning over to electronic medical records, have to be in sync with the consumers and the technology and information available to them. Another challenge will be privacy as more companies have access to private medical information they will have to manage. "The challenge at rating site and social networking sites will be privacy. People are putting their information online in social networks now, so there will be a lot of talk about who controls the data. There are a lot of privacy loopholes," Harinarayan says. - Maria Woehr

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