Tag: health tech

The Clinical Trials Economy

In order to develop a vaccine for COVID-19, a lot of time, money, and effort must be put in by scientists around the world, using cutting-edge research and science. Creating a new drug in the U.S. takes typically 12 years in development, 3 phases of clinical trials, and implementation. Around the world, 8 different COVID-19 vaccines are in clinical trials and in the U.S., there are 144 active trials for …
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Telehealth vs Telemedicine

COVID-19 has caused non-emergency medical services to close down for several weeks – this has made people start turning to online alternatives and start to utilize virtual appointments and telehealth services. In March 2020 alone, the Cleveland Clinic logged over 18 times their normal average monthly telemedicine visits – an astounding 60,000 visits were recorded. Numbers across the board of telehealth are skyrocketing. Zipnosis, over the course of 11 days …
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The Future of the Healthcare Economy

The United States spends more on healthcare than any other nation, yet hospitals are struggling. Today, 1 in 5 hospitals are likely to close due to finances, but hospitals could safely reduce supply expenses by nearly 18 percent without seeing a negative impact on quality of care. With the $11 million in annual savings hospitals would receive from this, 2 outpatient surgery centers could be built, and the salaries of …
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The Future of the Nanotech Economy

Medicine, from its origins thousands of years ago all the way to today, has undergone some significant changes as technology and knowledge of the human body have gotten better. One of those improvements being made right now is having tiny, pill sized robots inside your body helping and healing your body in many new and interesting ways. Vibrating capsules in the gut can help promote muscle contractions to jumpstart digestion …
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