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Liam Donohue
Co-founder and Managing Partner at 406 Ventures with deep experience in early-stage investing across healthcare, cybersecurity, and infrastructure; known for backing value-based care models and operator-first teams.
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Jan 2, 2026
• 49min
Liam Donohue on Fixing U.S. Healthcare: Why AI Alone Won’t Save It
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Liam Donohue, Co-founder and Managing Partner at 406 Ventures, delves into the essential role of value-based care in healthcare reform. He argues that fee-for-service models hinder innovation and explains how AI, if misapplied, could exacerbate existing issues. Liam shares insights on the potential of AI for proactive patient care and rethinking elder care through WellBeHealth's value-based model. He emphasizes the need for founders who understand the problems they aim to solve and draws parallels between the current AI boom and previous market trends.
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