Sarah Lacy, Business Week's Deal Flow columnist, speculates this week that the HIT market
may be entering a speculative bubble not unlike the dot com bubble of
the late 1990s, or a previous health care bubble.
the dawn of the sequencing of the human genome and the idea was
researchers would need a lot of new technology to crunch all that data
and discover lots of new drug therapies easier and cheaper. Instead, a
lot of VCs just lost a lot of money. [VC trade pub editor Tom] Salemi refers to it as
healthcare's own dot com fiasco.
It seems that numerous VCs believe we're approaching
irrational exuberance. Could they be thinking about CPOE and interoperability?
[Hat tip: HISTalk]