Physicians with a strong business background may make the ideal health IT startup investors, according to an analysis by reporter Christina Farr of CNBC.
FundRx and angelMD are two companies that seek out physicians as investors, Ms. Farr wrote. AngelMD, in particular, even offers physicians business and finance training.
A common concern, however, is whether physicians can be objective investors. "It seems unlikely that doctors would invest in new technologies that are promising but might undercut some aspect of their job or hand over power to a nurse or a patient," Ms. Farr noted.
Still, for many health IT startups, physician investors are a more attractive option than technology investors, since they understand the complexities of the health sector, she wrote. "At the end of the day you want the end user involved because it's their problem you are trying to solve," Zeshan Muhammedi, co-founder of FundRx, told Ms. Farr.
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