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October 7, 2024

Startups Revolutionize U.S. Healthcare: Innovations Drive Efficiency and Access

Healthcare Brew
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Contributed by: Kate Gamble
Summary
Startups are playing a crucial role in addressing challenges within the U.S. healthcare system, such as financial pressures, inequities, and staffing shortages, according to Joseph Moscola from Northwell Health. He warns that without startup collaboration, health systems could fall behind in patient care and revenue diversification. Northwell employs various strategies to partner with or develop startups, exemplified by their collaboration with Start to enhance cancer trial efficiency and their work with LeanTaaS to improve operating room scheduling. Similarly, Memorial Hermann has invested in around 45 startups to enhance healthcare access and cut costs, underscoring the growing trend of health systems leveraging startup innovation.

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