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Thinking of starting a Health IT company? Here are top three industry challenges

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Re: Thinking of starting a Health IT company? Here are top three industry challenges

#111

Earlier quoted context omitted.

How do you find your sales lead? Specifically, my question is how do you identify a potential sale target? Is it through your connections. call calls or online ads?

Publish peer reviewed journal abstracts with data showing efficacy --- yes for software, not only for devices. Then present data at major conferences (though, you cannot be a presenter directly as it conflicts with vendor conflict of interest restrictions).

Thanks for the great advice!

Re: Thinking of starting a Health IT company? Here are top three industry challenges

#112
post #69
post #58

Hi everyone, happy to chime in from an Asian perspective. I'm Ryan, based in Singapore and tried to co-found an online platform for procurement of medical supplies for private clinics. Faced many of the industry's frustrations as expressed in this discussion too. Would be happy to share my experience too.

Hi, I'm curious, how big, do you think, is the medical IT market in Singapore?

I'd say it's pretty big. I'm somewhat familiar with a national project for exchange of clinical data and it's in the hundred million dollar range.

Re: Thinking of starting a Health IT company? Here are top three industry challenges

#113

This article understates the issues delivering software solutions to patients, providers, or payers. The lack of data standards has completely crippled the ability for new companies/products to innovate and break through. When I worked at a healthcare VC, we deemphasized IT in favor of medical devices because the path for success is much clearer and easier to trod. The reason I can be so confident that it's the data…

What about HL7?

As the saying goes:

"Once you've seen one HL7 message, you've seen one HL7 message".

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