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Filed under: "Ask-an-Advisor", Accounting, Career Development, economics, finance, Funding Basics, Glossary Terms, Investing, Portfolio Management | Tagged: business plan, capital funding, hedge funds, pitching angels, start-up, Venture Capital | Leave a comment »
By Dr. David Edward Marciniko MBA CMP™
SPONSOR: http://www.MarcinkoAssociates.com
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DEFINITION: According to the Food and Drug Administration [FDA], the broad scope of digital health includes categories such as mobile health (mHealth), health information technology (IT), wearable devices, tele-health and tele-medicine, and personalized medicine. From mobile medical apps and software that support the clinical decisions doctors make every day to artificial intelligence and machine learning, digital technology has been driving a revolution in health care. Digital health tools have the vast potential to improve our ability to accurately diagnose and treat disease and to enhance the delivery of health care for the individual. Digital health technologies use computing platforms, connectivity, software, and sensors for health care and related uses. These technologies span a wide range of uses, from applications in general wellness to applications as a medical device. They include technologies intended for use as a medical product, in a medical product, as companion diagnostics, or as an adjunct to other medical products (devices, drugs, and biologics). They may also be used to develop or study medical products.
Cite: http://tinyurl.com/2jbafuc7
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As many investors predicted, digital health funding took a dive in 2023, according to Rock Health’s year-end funding report. Startups got creative to stay afloat but many digital health founders will have to “face the music” in 2024, the VC firm’s analysts say.
CITE: https://www.r2library.com/Resource
Editor’s Note: I am on the Advisory Board of Medblob™a start-up based in Boston, MA. The digital mission of Medblob™ is to improve community and national health by allowing patients to better manage their health, providers to better treat their patients, and researchers to have the best information to discover cures to the most prevalent and pernicious diseases.
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Filed under: "Ask-an-Advisor", "Doctors Only", Career Development, CMP Program, Ethics, Funding Basics, Glossary Terms, Health Economics, Healthcare Finance, iMBA, Inc., Information Technology, Investing, Marcinko Associates, Touring with Marcinko | Tagged: CMP, digital health funding, digital health funding dives, digital start ups, eeHRs, EMRs, FDA, Heather Landi, HIT, Information Technology, IT, JPM, lelemedicine, Marcinko, Marcinko Associates, Medblob™, medical innovators, mHealth, rock health, start ups, start-up, teleHealth, VC, venture capitalists | Leave a comment »
By Staff Reporters
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DEFINITION: Financial technology (abbreviated fintech or FinTech) is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, Blockchain, Cloud computing, and big Data are regarded as the “ABCD” (four key areas) of FinTech. The Fintech industry is an emerging industry that uses technology to improve activities in finance. The use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies aiming to make financial services more accessible to the general public.
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Financial technology companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies.
CITE: https://www.r2library.com/Resource/Title/082610254
A subset of fintech companies that focus on the insurance industry are collectively known as insurtech or insuretech
READ: https://tinyurl.com/yrx2kxy4
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Filed under: Accounting, Glossary Terms, Health Economics, Investing | Tagged: AI, block chain, ChatGPT, Entrepreneurial Start-Ups, fin-tech, financial technology., Financial-Tech [Entrepreneurial Start-Ups] Falling, start-up, Venture Capital | Leave a comment »
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