Why What Works for Uber May Not Work for Medical AppsMobi Health News August 5, 2015
Bradley Merrill Thompson, a Member of the Firm in the Health Care and Life Sciences practice, in the firm’s Washington, DC, office, authored an article in Mobi Health News titled “Why What Works for Uber May Not Work for Medical Apps.”
Following is an excerpt:
Unfortunately, though, even well-funded visionaries like a Google cofounder are finding themselves dismayed and frustrated by the high level of complex regulation in healthcare. The question is: what should those innovators do about it? More specifically, these tech entrepreneurs face a choice between: 1) complying with the regulations, or 2) getting to the market quickly to build a brand and a following, in the hopes that the regulatory issues will sort themselves out later.
An example of the second of those strategies — outside of healthcare — is the game plan Uber is currently following. While it isn’t clear exactly what Uber does to address compliance before entering a new market, the company does not seem to let regulations slow them down.