In this series, Digital Health Business & Technology interviews a range of digital health investors from those who work at venture capital firms and at health system and health insurance venture funds to individual and angel investors. If you’re interested in participating, email us here.
Vignesh Ravikumar is one of the primary digital health and pharmaceutical investors at San Mateo, California-based Sierra Ventures saw the demand for digital health solutions before it grew in popularity.
While healthcare's slow adoption of technology paired with macroeconomic headwinds has caused him to think more about checks he writes, Ravikumar remains largely bullish on the opportunities in the space. While some experts believe many solutions will derive from EHR providers, Ravikumar disagrees.
"I think that’s one of the reasons why the space has been slow to adopt," Ravikumar said. "But the flip side of it is, I don’t really trust the EHR providers to provide an experience for the end consumer that they would like to use."
Ravikumar spoke about why he's less bullish on digital health solutions in this economic climate, what he wish more founders would take into consideration when building their companies and why artificial intelligence in healthcare still has a way to go.