Can healthtech companies help “heal” the healthcare industry?

Kick off your week with a great read by Mike Townsend over at TechCrunch about how entrepreneurs and healthtech companies can better help “heal” the ballooning healthcare industry.

He addresses the biggest reasons why we don’t see more entrepreneurs in healthcare, why healthtech companies are largely born of personal frustrations with the status quo, and why many opportunities for innovation often lie undiscovered.

In addition to highlighting some leading healthtech companies that are identifying and embracing these opportunities (including a “notable” Noteworth shout-out), he also outlines some significant challenge areas ripe for healthcare innovation:

  • Rethinking advance care planning

  • Better post-acute rating and referral system

  • Better use of health tracking hardware

  • Real time logistics tracking within the hospital

  • Cost-effective alternatives to the 9-1-1 ambulance

  • Care coordination technology for the public sector

  • Resident scheduling and communication platform

  • Tools to better manage medication reconciliation

  • Building electronic visit verification 2.0

  • Simple interface for insurance pre-approval