MedCity News October 10, 2024
Ed Liebowitz

The idea is to harness the power of digital tools and cloud-based systems to create solutions that understand the root cause of healthcare needs, which will ultimately revolutionize care delivery, improve outcomes and reduce costs.

The healthcare industry is on the cusp of a transformation similar to that witnessed by the banking industry 15 to 20 years ago.

Like healthcare, banking is a very personal yet highly regulated industry that once thrived on in-person visits. The industry started to shift in the late ’80s and early ’90s with the infancy of digital banking and then took a giant leap forward with the introduction of smartphones in 2007. The American Bankers Association says online banking officially became mainstream in 2011, and...

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