Viewpoint: Are physicians the best investors for health IT?

Julie Spitzer - Print  | 

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.

Click here to view the full article.

More articles on health IT: 

ONC head Dr. Don Rucker hints at interoperability policy

Healthy networks: The critical link for healthcare access

Real-world precision medicine: Challenges and opportunities in hospitals across the US

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.