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by lannisterstark
1105 days ago
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I mean, to an extent I agree. I just think that the current pricing structure is lack of competition and a result of overregulation (I may be wrong?) in how hard it is to get into healthcare market. If you make it insanely hard only certain companies will be able to get in and they can then charge whatever they want. |
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Generally the level of regulatory compliance necessary to enter the healthcare market is proportional to the risk of patient harm. If you want to sell healthcare analytics software not directly involved in patient care then there are basically no more regulations on vendors than in any other software market. On the other hand, if you want to start a new company to make implanted pacemakers then you'll have to spend years working through FDA compliance issues because a single tiny error can easily kill a patient.