They do but the industry and regulations are such that this is usually led by people who have medical degrees or, say, phds in relevant fields. A "software guy" can then be up to VP level and lead the software aspect. This makes a lot of sense considering the credibility and expert knowledge required.

Such folk (medical degrees; phd's) are notoriously hard to pin down and finish a product. Been part of more than one; after years of unfocussed effort they failed to deliver.