Dumb Money For Digital Health Will Vanish As Quickly As It Came In

digital-health-2015Damon Ramsey started his company three years ago, a boom time for digital health. His startup, Input Health, uses technology to help physicians better manage their ample workload.

In the past few years, Ramsey received a steady stream of cold calls and emails from venture capitalists. To his surprise, many of them were interested in his startup but demonstrated scant knowledge of health care. Ramsey is a practicing physician in his native Canada, as well as a health-tech entrepreneur.

“They (investors) often had little understanding of the health care delivery space, including the regulation, bureaucracy, and other restrictions,” Ramsey tells me via email. “In my opinion, they need to temper their expectations.”

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About Peter Coffaro 1436 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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