Andreessen Horowitz January 21, 2025
Julie Yoo

In the “Maslow’s hierarchy” of the healthcare industry’s needs, the infrastructure layer is the foundational workhorse of the system. Healthtech infrastructure refers to the utilities and systems-of-record that underpin all of the core operational transactions, financial transactions, data exchange, and interoperability actions that occur across the healthcare system everyday. Appointment booking? Powered by a practice management system. Claims processing? Powered by a clearinghouse. Purchasing Medicare Advantage health insurance? Powered by an underwriting and enrollment engine. These are examples of infrastructure systems underlying the healthcare experiences we encounter in our everyday lives, let alone all that happens behind the scenes to make the healthcare system go ‘round on a regular basis.

This post largely focuses on healthtech infrastructure companies that relate...

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