With less than 24 hours until the submission deadline, the Boston Scientific Big Data Challenge has received over 40 submissions. Participants have submitted a variety of ideas that use Big Data to address everything from the opioid epidemic to drug reimbursement.
In 2015 alone, digital health saw $4.5 Billion in venture funding—and yet so many of those well-intentioned startups have been unsuccessful. That is because healthcare has challenges that no other industry faces. Here are 6 mistakes digital health entrepreneurs frequently make that prevent them from turning their lofty mission into a scalable business.
Cambridge-based Foundation Medicine, a molecular information company that sells genomic profiling tests for solid tumors and hematologic malignancies, is leading a new data exchange partner program, the Precision Medicine Exchange Consortium (PMEC) to facilitate the exchange of molecular information and research and improve cancer care.
Shiv Gaglani and Ryan Haynes aim to improve the way medical students learn and retain information by leveraging cognitive science on their education platform, Osmosis.
Coming off a $100k first-place win at last week’s MassChallenge Awards, Adhesys Medical’s Alex Schueller is excited about reinventing how wounds and cuts are closed by surgeons, police and paramedics, and military personnel. One day, we may even see their technology in home and office first aid kits.
One company plans to change the way patients can access non-emergency medical transport (NEMT). Boston-based Circulation aims to increase accessibility to NEMT and cut down associated costs by partnering with Uber.