How Do Healthcare & Entrepreneurship Mix?

The biggest nexus for healthcare and entrepreneurship is currently in the realm of tech. From apps to theoretical preventive technology, there is money to be made for anyone who has the drive to be an entrepreneur. Let’s look at a few ways of how businesspeople can dive into the healthcare industry. Fitness The fitness industry is wide open for the savvy entrepreneur. From apps to wearable technology, there’s plenty of opportunities. Fitness tracking, for example, is important when working out. According to Bradley University, users of some form of an exercise tracker are more likely to exercise in their free time than those without any digital assistance. It might take the form of an app that tells you a story of how you are being chased by zombies, changing the story depending on your jogging speed, or it could simply record data for your later perusal, such as a Fitbit. Creating your own tracker, or a service that does something with tracked data may be the perfect way to cash in on the fitness tracker trend. Condition Tracking While apps can track fitness, they can also be used to track conditions, aiding in telehealth. By capturing biometric data, they can […]

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New Versus Used Medical Equipment

It does not matter if you are a large and thriving hospital, a tiny startup clinic or a small private practice, you will find that medical equipment is a necessity for your business. This equipment will need to be dependable, high quality and top notch to keep you profitable. This is why many in the medical industry think that they must buy brand new equipment complete with warranties and maintenance programs. However, many are now turning to used equipment to help supply their businesses while saving some extra cash. The decision to buy used or new can be extremely difficult. Are you giving up reliability to save a few dollars? Do you feel comfortable rolling the dice on equipment you know very little about? There are many arguments for and against buying used or new. Here are some things you may want to consider before making this decision. 1. The cost One of the big pluses to buying used is the price is significantly lower. If you have a shoestring budget, then you may have no choice but to buy used. It costs a lot to get and keep a business running, and some of us need to cut some corners […]

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