Health/Healthcare

10 Reasons Why Digital Health Startups Fail

Startups, in general, fail for many reasons. One observer mentioned his top 5 reasons as 1) lack of capital, 2) expanding too soon, 3) heavy reliance on debt, 4) poor strategy, and 5) poor business model and plan. Ultimately, there are two basic reasons: 1)They make stuff no one wants to buy, and 2)they have a business model that is not valid ...

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Business People Are Lousy Doctors

So doctors are lousy business people, huh? Well, imagine if your doctor prescribed something based only on your chief complaint. They did not take a history. They did no physical exam and they did no lab tests or imaging if it were necessary . Yet, business people, particularly digipreneurs, do it all the time. If you think about it, entrepreneurs are continual ...

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Why Sickcare Innovation Centers Don’t Deliver

If you work for a big, established company, you’ve probably been noticing the sudden rise of a new trend: the innovation lab. Companies as diverse as Delta Air Lines, Target, Google, Pfizer, Marriott, Autodesk, Fidelity Investments, Ford, Verizon, and Stanley Black & Decker are jumping on the bandwagon. As discussed on this site recently, open innovation labs like this bring The Garage Experience inside ...

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A Patient’s Perspective on Healthcare Innovation

The Healthcare Innovation Amazon and Apple Should Focus On It is no secret that Amazon has a secret artificial intelligence healthcare project called 1492. Amazon is making several strategic moves into the healthcare vertical, including hiring machine learning experts, investing in healthcare startups, and sponsoring hackathon-type innovation challenges with six-digit prizes for killer apps that can leverage Alexa, Amazon’s voice-recognition ...

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MIT Shows How To Run Hackathons

I’ve always had mixed feelings towards hackathons, as whilst they undoubtedly bring a lot of focused energy, they often lack any real follow-up, rendering the progress made during the weekend rather isolated. A recent paper in Cell Systems highlights how the MIT Hacking Medicine events do better.  The events, which are open to all, but are especially popular with younger ...

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The Amazing Story Behind An Incredible Breakthrough

Situational Medicine

Cancer Immunotherapy We tend to think of innovation as a moment of epiphany followed by an onward march toward disruption. Sure, there are always some twists and turns along the way, but fearless entrepreneurs seem to have no problem adapting, iterating and pivoting their way to incredible success. That makes for inspiring stories, but the truth is that innovation more often ...

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How Experian Built a Disruptive Data Business

When Eric Haller graduated with a degree in finance from San Diego State University in 1990, he didn’t have a clear idea of what he wanted to do. If he was on the east coast, he probably would have gone to work at an investment bank, but he ended up as a statistical analyst at Visa in Foster City, and would later say it was a case of being in the right place at the right time.

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