
Episode #140
Episode 140: The Future of SaaS in Healthcare, With Noah Lewis
SaaS is dead in the age of AI, say many in healthcare software. Not so fast, says Noah Lewis , managing partner at Ardan Equity , a sector specialist at the intersection of healthcare, life sciences and technology. Arguing that the “SaaSpocalypse” is overblown, he joins McGuireWoods partner and host Geoff Cockrell to discuss AI’s impact on health tech. Noah explains how he screens for “melting ice cube risk” and sees commercialization, not technology cost, as the real competitive moat. He also unpacks why healthcare’s aging $400 billion tech stack makes the present a golden age for health tech, and contends the market is shifting from inflationary to deflationary business models. It leads to one question: Who wins and loses as AI transforms healthcare? Connect and Learn More ☑️ Noah Lewis | LinkedIn ☑️ Ardan Equity | LinkedIn | X ☑️ Geoff Cockrell | LinkedIn ☑️ McGuireWoods | LinkedIn | Facebook | Instagram | X ☑️ Subscribe Apple Podcasts | Spotify | Amazon Music This podcast was recorded and is being made available by McGuireWoods for informational purposes only. By accessing this podcast, you acknowledge that McGuireWoods makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in the podcast. The views, information, or opinions expressed during this podcast series are solely those of the individuals involved and do not necessarily reflect those of McGuireWoods. This podcast should not be used as a substitute for competent legal advice from a licensed professional attorney in your state and should not be construed as an offer to make or consider any investment or course of action. PITCHBOOK TOP 5 RANKING IS FROM THE PITCHBOOK Q2 2025 HEALTHTECH VC TRENDS REPORT AS OF JUNE 30, 2025. THIS RANKING COVERS THE PERIOD BETWEEN 2019 – Q2 2025. ARDAN WAS RANKED #2 IN THE TOP PE INVESTORS IN HEALTHTECH COMPANIES SINCE 2019 BY DEAL COUNT AS OF JUNE 30, 2025, PER PITCHBOOK INFORMATION. WE DID NOT PROVIDE PITCHBOOK COMPENSATION FOR THIS RANKING.

