What Silicon Valley Doesn’t Understand About Medicine

Where’s Silicon Valley when we need it? The inexorable rise of healthcare costs has created not only a crisis waiting to happen, but also an urgent need for innovation – exactly the sort of thing for which Silicon Valley is justly famous. So where is it? While entrepreneurs in the Valley and elsewhere have achieved remarkable success (at least historically) developing new drugs and devices , more fundamental innovation in healthcare delivery – particularly the sort designed to take costs out of the system — has proved far more elusive.

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