Damon 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.”