When you fuck up in health, people can die. Regulation exists for a reason.
We do not even know how many people die every year because the increased cost of regulation and delayed time to market because of FDA.
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When you fuck up in health, people can die. Regulation exists for a reason.
We do not even know how many people die every year because the increased cost of regulation and delayed time to market because of FDA.
When you fuck up in health, people can die. Regulation exists for a reason.
Yes, because we all know heavily regulated VA hospitals haven't killed anyone. Oh wait.
http://www.bloomberg.com/image/iFbqs_CCtc4k.png
The VA has asked for budget increases many times, but was denied by congress. The result is completely predictable.
It's worth noting that highly regulated industries are not necessarily bad for startups to enter, exactly because they throw up particularly high barriers to large companies. Google can't enter health without accepting the full baggage that comes with that - people worried about their privacy, every random nutter looking to sue them and get a payday, FDA breathing down their neck every step of the way, etc. A small s…
didn't G+ out some transgender people? http://www.zdnet.com/google-outed-me-7000025416/ now imagine the same with Google having access to all medical records. regulation around this exists for a very, very good reason.
By "outed", G+ exposed the user's public name to someone, connecting two public pieces of the user's data, that the user intended to keep separate. It was a poor UI experience, but it wasn't a private-data leak.
It's worth noting that highly regulated industries are not necessarily bad for startups to enter, exactly because they throw up particularly high barriers to large companies. Google can't enter health without accepting the full baggage that comes with that - people worried about their privacy, every random nutter looking to sue them and get a payday, FDA breathing down their neck every step of the way, etc. A small s…
It sounds very contradictory. In most of the heavily regulated industries such as healthcare or insurance, one of the economic efficiencies are a better understanding of the complex law, startups can not solve this inefficiency in their favor.
didn't G+ out some transgender people? http://www.zdnet.com/google-outed-me-7000025416/ now imagine the same with Google having access to all medical records. regulation around this exists for a very, very good reason.
By "outed", G+ exposed the user's public name to someone, connecting two public pieces of the user's data, that the user intended to keep separate. It was a poor UI experience, but it wasn't a private-data leak.
When you fuck up in health, people can die. Regulation exists for a reason.
The main reason people aren't healthy has nothing to do with the medical system or regulation. It has everything to do with lifestyle. Technology will not help at all in that regard. The mobile-device generation will be less healthy and even more physically disconnected than the current one, which is a horrifying thought given how bad the state of affairs is right now.
Man is a physical animal, and movement will always beat analysis when it comes to improving health outcomes. We already know how to improve health, we choose not to do it.
Healthcare is heavily regulated, and I understand why some companies would be reluctant to branch out into it. But that doesn't mean the privacy and legal concerns surrounding HIPAA regulations are unwarranted. Yea, it would be nice if we lived in an ethical utopia where we wouldn't have to feel worried about people looking through our health records. But we don't. I would not feel comfortable with my health records…
Why don't they just buy an island make their own country with their own rules?? ;)
I'm surprised the blog post mentions nothing about Google Health. Basically, Google has already tried this and failed. http://en.wikipedia.org/wiki/Google_Health
Another possibility is they thought it was a cool idea, then found out how regulated it was, how it would be nearly impossible to add any features without massive government oversight, and got out.