This is a message that really needs to stop being regurgitated around the technology start-up space.
The medical industry DOES welcome software disruptions. The past two years have been the two biggest years in healthcare software disruption, in terms of VC dollars invested in that sector[0], the number of accelerators that have accepted healthcare related start ups (YC has now invested in a several) and the rise of accelerators focused on healthcare (e.g. Rock Health, Health Box) that have graduated over 100 'small and agile' teams that have established product-market fit, and raised institutional funding.
Healthcare is a space that does require a significant understanding of industry-specific knowledge (third party payment models and regulations are examples), but I feel that many other industries that are being disrupted have similar barriers to entry.
In my experience, most developers ignore the medical industry, citing similar complaints as yours, but neglect to mention the incredible growth that has been demonstrated in that industry for a while now...
[0] http://rockhealth.com/resources/rock-reports/digital-health-...
Small and agile is a function of penetration in the healthcare market --- the regulatory friction and customer requirements will slow them down considerably as they (hopefully) move past initial pilots. There a hundreds of small startups in HIT that get 1 or 2 pilots, but then never get past that point, likely due to the points in this article.
I welcome more and more funding in this space to help educate the buyers and realign priorities toward efficiency vs. status quo. But the industry does not welcome disruptions of any kind. VCs do, in terms of VC dollars invested.
I would make a guess that the ROI YC makes on its HIT investments will pale in comparison to other industries in the long term. Only PG will know.
There is some strong interest in the market to keep things as they are, even if they are less efficient. Incentives are not aligned at all.
* http://www.sfgate.com/news/article/Experts-warn-of-medical-i... * http://www.huffingtonpost.com/martha-burk/congress-should-pu...
This is one where, if you had the contacts, you could at least try to do a lot of good, for everyone - but definitely one where you should expect to receive staunch, and ugly, opposition.
Like you I think there's plenty of room for disruption, not just on the medical devices side but also in terms of efficiencies.
So the three companies you reference are basically disrupting devices that cost thousands of dollars (ECG and otoscopes/dermatoscopes) - great for bringing down the costs of clinics or solo practitioners. A lot of these devices I think are probably being angled at the home user as well (particularly ECG) but the clinical relevance of giving a patient their own rhythm is pretty minimal... I mean if they have a dicky heart they likely have a pacemaker or ICD which will record suspect rhythms themselves.
I'd be fascinated to talk more to you and see where you are taking this because I think you are really saying is that if we give patients their results or order their own (bloods, EUC, any ELIZA etc studies) then we will be empowering them to make better health decisions. I have my own opinions on this based on what i've seen and if you're interested in discussing further my email is in my profile - although seems like you have a lot that would like to talk to you!
I am curious what type of solution you have been pondering, if you don't mind me asking. (If you don't want to post it publically, my email adress is in my profile.)
But now I am wondering if I need to work on my metaphor. :-/
Have a great day.