While adaptability is necessary in any industry, the rate of change varies widely. For example, compare the toy industry, where “what’s hot” changes with the seasons, to the pharmaceutical industry, where new therapies may take decades to materialize (e.g. CAR-T therapy). Digital health solutions exist in a space where information technology (pace of change measured in months), electronics (pace of change measured in years), and healthcare (pace of change measured in half-decades) industries collide. They have struggled for adoption amid a lack of acceptance among care providers or reimbursement from payors.

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