Why the people funding health care startups have never treated a patient

Most of the people deciding where billions of health care dollars get invested have never treated a patient. Harsha Moole, a physician scientist and health care venture capital founder, joins Kevin to discuss his KevinMD article "The crash cart that taught me physician-led investing." You'll hear how a single overlooked workflow problem on a hospital crash cart became a multi-hospital company, why physician-led groups screen every deal through three gates of clinical, regulatory, and reimbursement diligence, and how doctors can get involved without leaving their day job by advising startups, advising venture funds, or co-investing through a physician network. Harsha also breaks down why angel investing requires a long timeline, the discipline to diversify across 4 to 10 companies, and money you can afford to lose. If you've ever looked at a health care product and thought you could have told them it wouldn't work, this conversation makes the case for using that clinical instinct beyond the bedside.

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