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I'm pretty sure that's in "definitely not" territory. I would expect that initial funding to go towards productizing the actual blood tests -- I'm assuming they
by jdmichal 9y ago
I'm pretty sure that's in "definitely not" territory. I would expect that initial funding to go towards productizing the actual blood tests -- I'm assuming they're at more or less proof-of-concept level at this point. That would be enough to get some sales to individual offices without large records systems and maybe even some overseas and doctors-without-borders types. I would expect larger rounds of follow-on funding to enable those larger integrations, which would then open up the large practices and hospitals.
Also, more pessimistically, I don't think less than $4m is even enough to start courting all the admins that would need to be greased to get large hospital sales, even if all the tech existed...
- sk5t 9y agoThanks--I actually posted to try to verify or reject my own biases: as software lead for a startup focusing on LDTs, I've been ruthless about shooting down any suggestion to veer towards EMR/EHR integration as very likely lethal to a fledgling business.