Thursday, April 21, 2011

Health care I/T=overlooked?

Have a very cool new client called Epocrates, a misunderstood but very exciting young company. Just went public at a solid valuation, is about $120M in revenues, growing solidly. It's mobility meets SaaS and drives huge efficiency gains for pharma clients in delivering key data services to a massive network of doctor/users. It also saves lives...which is pretty cool to say the least.

CEO is an ex-President level exec at J&J, very sophisticated and smart. I believe this company and others like it are proving that the time has finally come for health care I/T. With all the froth around digital media and social, this megatrend will likely be overshadowed. I intend to spend a LOT of time exploring it. Like clean energy, it's a space where you can make money and feel good about what you're working on--that it has some kind of societal benefit that's quite real.

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