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Complimentary from the publishers of
Healthcare Innovation News
September 2017 |
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"Only one in 20 innovative startups will succeed. Clearly, innovation in any industry is tough; however it is especially true in healthcare. Consider the specific challenges an entrepreneur faces in healthcare after creating an innovation. Depending on the specialization, many innovations must overcome burdensome regulatory hurdles, which can take years and millions of dollars to complete. Meanwhile, financing the effort becomes a challenge and a priority. Who will invest—friends, family, venture capitalists or grant-making entities? Even if a project is developed successfully, there's no guarantee of short-term financial gain for a founder. The financial challenges in healthcare innovation scare many people away."
- Tobin Arthur, Cofounder/CEO, angelMD, Seattle, Wash.
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"New York City-based Health and Hospitals Corp. inked its own $302 million, 15-year EMR contract in 2013, which was expected to be financed by federal funds and cover the entirety of implementation costs. Once in motion, the process was hindered by major delays, and the budget swelled to more than $760 million, with some estimates expecting the figure to rise further."
Excerpted from:
Healthcare Innovation News, Volume 4,
Issue 18, September 2017, "Digitalizing Health Records, Patient Chart Data" by Scott Finfer
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Biosimilars, Innovation and the Future of Healthcare Systems
This video by ifpma features Murray Aitken, Executive Director of Quintiles IMS Institute discussing the world of biosimilars, innovation and the future of healthcare systems.
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Frost & Sullivan: 10 Emerging Technologies That Will Impact Healthcare Over The Next Decade
1. Brain-computer interfaces
2. Wearables
3.
Click to continue
Source: Cardiotrack, September 6, 2017
check out more lists on
healthsprocket
.
"What's on your list?"
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- Digitalizing Health Records, Patient Chart Data by Scott Finfer
- Industry News regarding Health Care Service Corporation
- Thought Leaders' Corner: Why Is Innovation in Healthcare so Difficult?
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Healthcare Innovation News, or find out more
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Healthcare Innovation Bulletin
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