Michael Lonsdale , who co - founded software company Palantir , plans to invest most of the $ 640 m fund he closed in April in start - ups focusing on healthcare , claiming they will be more effective in improving the sector than major technology companies such as Amazon , Apple and Google . One area of emphasis is finding companies that will benefit from the recent shift away from fee-for-service health care, where doctors get paid for tests and procedures, to value-based care, where they get paid for keeping their patients healthy. Speaking to Forbes , the venture capitalist said he was sceptical about big companies entering healthcare from outside . The Silicon Valley entrepreneur has already invested in biotech start - up Synthego and health company Oscar Health , and is hoping to focus on the move towards value - based care and away from the pay for treatment model .
Michael Lonsdale , who co - founded software company Palantir , plans to invest most of the $ 640 m fund he closed in April in start - ups focusing on healthcare , claiming they will be more effective in improving the sector than major technology companies such as Amazon , Apple and Google . Speaking to Forbes , the venture capitalist said he was sceptical about big companies entering healthcare from outside . The Silicon Valley entrepreneur has already invested in biotech start - up Synthego and health company Oscar Health , and is hoping to focus on the move towards value - based care and away from the pay for treatment model .