Regulates medical devices, drugs, and software-as-a-medical-device (SaMD). Without clearance, you cannot legally sell.
Governs Protected Health Information (PHI). If your software touches patient data, you are a "Business Associate."
Innovation begins. Angel/Seed funding secured. Initial prototype developed.
Risk: Technical Feasibility.
FDA submission (510k or PMA). Clinical trials for evidence. This creates the "moat" but burns cash.
Risk: Regulatory Rejection.
Securing CPT/DRG codes from CMS. Without a code, providers can't bill for it, so they won't buy it.
Risk: Payment Denial.
Getting on GPO contracts, passing IDN Value Analysis Committees (VAC), and IT Security reviews.
Risk: Commercial Adoption.
In healthcare B2B, you aren't just selling features; you are selling **compliance and reimbursement**. If you cannot speak the language of FDA approval classes or HIPAA security frameworks, you will never get past the gatekeepers.
High intent for "SOC2 Type II" or "HITRUST" keywords from a Health System usually signals an active vendor displacement cycle.
Don't wait until the end of the deal.
Know the Value Analysis Committee schedule.
Ensure your CPT codes are active.