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by mgh2
3989 days ago
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Physicians are late or have no inventive to adopt technology- True. Ulterior motives or political incentives, partly true- Hospitals and insurance companies might be squeezing out physician's income, regardless of their good intentions.
Sales- true but there is a purpose. The FDA has strict regulations because unlike other industries, health is of a critical nature, it deals with life/death, so the government has to set up regulations to protect consumers. The next wave - usable, actionable data.
Companies, academia, and hospitals are thirsty to use the vast amount of data already generated sitting with no further use to help patients. If a good enough interface or software is developed, doctors will likely be ok to easily learn tech to take advantage of the benefits of using data for their practice (it is always a cost-benefit analysis).
Actionable and understandable heath data differs to other industries in this manner: 1. Academia: Collects and uses data for research purposes, not yet applied (Ex: DNA, 23andme) 2. EHRs: It is just data collection and organization. Better interfaces or features are not likely to improve healthcare substantially. 3. The consumer wearables market: Data collected is often superficial and catered to healthy individuals, which does not help much in actually improving or providing actionable data to either consumers or physicians alike. The missing gap is a service between engineering and medicine (ex: biomedical engineers) that will help physicians handle care more effectively using data. The closest companies in this category are Flatiron Health or maybe Theranos, but they are both just startups still proving themselves. |
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