Technological innovation has played a vital role in the transformation and growth of the healthcare industry. Not only is the medical space an early adopter of emerging technologies, HealthTech is currently one of the fastest-growing industries worldwide. The global value of the HealthTech market is estimated to grow from $245 billion to $809 billion between 2023 and […]
Read MoreIn 1999, the Department of Health and Human Services (HHS) passed the Health Insurance Portability and Accountability Act (HIPAA) as a measure to protect personal health information (PHI) and allow people control of their healthcare records. The HITECH Act was enacted in 2009 to accommodate advancements in technology, followed by the HIPAA Omnibus Rule in […]
Read MoreThe global pandemic has fueled a surge in health-related app development, with an average of 250 healthcare apps released each day, ranging from sleep and fitness trackers to digital patient portals. At the onset of the pandemic in 2020, the global market for these apps was valued at $40.05 billion; it’s now expected to more than double in size […]
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