When analyzing healthcare systems worldwide, the relationship between doctor visit frequency and healthcare expenditure offers valuable insights. Using data from OECD countries, we identified four distinct clusters that reflect unique healthcare dynamics. These clusters not only shed light on system… Read More »Understanding Global Healthcare Groups for Market Entry Insights
In today’s healthcare system, only the sickest patients in intensive care units (ICUs) receive continuous, close monitoring. These setups often involve bulky, uncomfortable wires attached to patients, gathering data on their vitals. However, the future of patient monitoring is rapidly… Read More »The Future of Patient Monitoring: Continuous, Predictive, and Preventative
In a groundbreaking announcement, the Centers for Medicare & Medicaid Services (CMS) has unveiled its new Transitional Coverage for Emerging Technologies (TCET) pathway. This initiative promises to transform the landscape for medtech startups by providing a clearer, faster path to… Read More »CMS Announces New Pathway for Breakthrough Device Reimbursement
When I moved to the US from Taiwan, I quickly discovered a fundamental difference in healthcare systems. In Taiwan, my first instinct was to visit a hospital for medical care, where hospitals serve as central hubs with doctors readily available… Read More »Comparing Asian and Western Healthcare Systems
One of the critical aspects of launching a successful medtech product is understanding who will be footing the bill. Whether it’s patients, payers, or providers, each customer type has unique needs and priorities that must be addressed through tailored marketing… Read More »Who’s Paying for Your MedTech Innovation?
Hello Readers! I hope this post finds you well. I’ve been quite busy with several exciting projects recently, which has kept me from posting as often as I’d like. However, during a recent call with a company’s management team, I… Read More »Getting close to your customers
AI in Healthcare The potential for Artificial Intelligence (AI) to transform healthcare is vast, offering new pathways for enhancing diagnostic accuracy, personalizing treatment plans, and streamlining healthcare services. This short introduction is for anyone curious about AI’s role in modern… Read More »Understanding AI in Medicine: Classical Machine Learning vs. Neural Networks
In the ever-evolving landscape of medical technology (MedTech), companies are constantly seeking innovative strategies to monetize their offerings. The allure of recurring revenue, exemplified by giants like Netflix, has made subscription models particularly attractive. However, it’s crucial for MedTech firms… Read More »Navigating Pricing Models in MedTech: Subscription vs. One-Time Fee
In an unsurprising turn of events, Supersapiens, a promising entrant in the medtech and healthcare industry, recently announced its closure. The company, known for leveraging Abbott’s Freestyle Libre—a groundbreaking medical product for glucose monitoring—sought to revolutionize how athletes monitored and… Read More »Supersapiens: A Cautionary Tale of Ambition and Accessibility in Medtech
Introduction The healthcare sector is undergoing a digital revolution, with technology reshaping patient care and accessibility. Leading this transformation is Amazon with its groundbreaking Amazon One Medical program, a direct result of its 2022 acquisition of One Medical. This detailed… Read More »Exploring Amazon One Medical: A Revolutionary Healthcare Model