[Taek]

Why is there no innovation in healthcare?

Because better technology won't get the entrepreneur a satisfying reward.

[d3ntb3ev1l]

Because you can literally make millions of more guaranteed dollars if you just go work at Facebook or Google in easier problems serving ads.

[rawtxapp]

Very costly and lots of regulations, big consequences for failing. If a SaaS product has a bug, worst case scenario, someone loses money, if someone messes up in healthcare, a person might die.

[Gravityloss]

Lots of innovation but things like clinical trials are very expensive. How could we get safe medical progress with less expenses?

[pgt]

Regulation has a way of keeping out innovative founders who would rather add value in newer, unregulated fields.

[rdtwo]

No reason to innovate insurance pays the same regardless

[rileymat2]

There must be some innovation in healthcare, we were delivered a safe effective vaccine to a new virus in about a year.

[nhumrich]

We also had the entire worlds resources to do it.