SPONSORED:This sponsored post is produced in association with Texas Medical Center. Texas Medical Center s new accelerator program, TMCx, is accepting applications from digital health startups until January 31st. Companies accepted into the program gain access to physicians, scientists, and business experts on the Houston-based TMC campus, which is home to 21 hospitals and serves more than 7.2 million patients annually. Once thought of as a no-man’s land for innovation because it was so impenetrable, health care technology is now fertile ground for startups. Due to recent regulatory changes and the adoption of risk-based payment systems, providers are now actively scouting new ways to tackle runaway health spending expected to reach $4.8T by 2021, according to CMS and direct patients to more cost effective services. As a result, startups are jumping on the healthcare IT bandwagon and taking advantage of a huge influx of venture capital $4.8B last year, more than double that of
http://venturebeat.com/2015/01/26/the-wall-of-no-daunting-barriers-facing-digital-health-tech-startups/
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