Newcomers to the health IT business, whether individual reporters or giant companies like Microsoft, often find themselves in a time warp. It’s always 1986 in the health IT business. By that I mean there is an enormous and growing ecosystem of consultants, suppliers, software, service and peripherals outfits the likes of which has not existed in the mainstream PC business for over 20 years.
Obvious opportunity. So, maybe that’s why Marketplace reports that health care venture capital is shifting from drugs and devices to information technology. A quote from Kryptiq CEO Luis Machuka, a medical software company:
Health care IT is a good place to be right now from a fundraising point of view.