This is the fourth in a series of articles comparing the COVID-19 crisis in Healthcare to the financial crisis in 2008 that led to an industry-shaping boom in FinTech. My previous articles lay a foundation for understanding the timeline and drivers of innovation following the financial crisis. Following the financial crisis, new regulation was put into place attempting to protect consumers from future episodes. All in all, the healthcare industry is ahead of the curve compared to where the financial services industry was in 2008. “Fixing” what is most broken in healthcare touches too close to policy and regulation for many would-be founders and innovators, who choose instead to write off healthcare innovation entirely.

Source: Forbes May 29, 2020 22:18 UTC