Earlier quoted context omitted.
Can you give some examples for illegal stuff?
Theranos, uBiome, and Practice Fusion all have well known scandals. I'm aware of other issues at some other health tech startups surrounding misrepresenting their impact on quality of care, building biased algorithms that have a discriminatory impact on care delivery, companies looking at questionable payment models that seem like they'd violate stark laws, straight up medicare fraud, etc. I'll just say that I'm skep…
True many startups in health are trying scammy payment models, but hospital bills often aren't much better unfortunately.
Personally my life has been positively improved by 23andme when they could still list health research, or by "zany" microbiome/probiotics startups years before the medical establishment caught up. Obviously these fields should be regulated, but properly so without just providing an excuse for regulatory capture for existing players.
0: https://www.nytimes.com/2021/07/19/health/alzheimers-drug-ad... 1: https://www.crossfit.com/health/the-great-statin-scam-time-t... 2: https://www.vox.com/the-big-idea/2017/12/28/16823266/medical... 3: https://www.theatlantic.com/health/archive/2017/02/when-evid...