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Healthcare Innovation The Market Wants Now

Posted by New Leaders Council 4 Admin on October 15, 2015 at 3:15 PM

Originally published in Forbes on October 14 by Unity Stoakes.

We live in a world of futuristic developments: smart cars, virtual reality and personal drones are within reach for a generation of consumers. Unfortunately, in the U.S. healthcare system, radical innovations are often blocked by lack of long-term fortitude and funding, coupled with regulatory hurdles and a siloed infrastructure. Sometimes, new technology just seems too far out for the bowels of the healthcare industry to embrace.

At StartUp Health, our healthcare transformers and startups are constantly confronted with the harsh realities of an ecosystem that’s slow to embrace next gen solutions. Thousands of pioneering entrepreneurs are trying to push the envelope in healthcare, but many find themselves stalled by lack of funding and continue to operate in an environment that still fights change.

Luckily, the tide is turning in the digital health revolution. The increasing healthcare needs of the baby boomer population, coupled with the rise in metabolic diseases like obesity and diabetes has created a never-before-seen demand for health and wellness solutions. And we’re going to start seeing many more solutions deployed in new and exciting ways, via virtual health, mobile payments and consumer-oriented health platforms.

Read the full story here: http://www.forbes.com/sites/unitystoakes/2015/10/14/health-innovation-the-market-wants-now/