FDA to regulate smartphone medical applications; Companies to enter $4 billion insurance exchange market

Published on April 18, 2012 at 6:42 AM · No Comments

Health information technology is a huge market and growing.

Politico: FDA Tangles With Wireless Medical-App Makers
An onslaught of mobile health technology has forced an arranged marriage between smartphone app makers and the Food and Drug Administration -- because someone had to regulate them. There's just one problem: Many of the tech wizards aren't used to FDA supervision. And now, both sides are struggling to figure out how to live with each other (Norman, 4/16).

Bloomberg: EHealth-Led Exchanges Eye $4 Billion Market In Health Law
EHealth Inc. (EHTH) and an array of online insurance brokers are eying a possible $4 billion-a-year market, after the Obama administration's surprise decision to let them sell government-subsidized coverage under the health overhaul. If the 2010 health care law survives a Supreme Court review, private brokers can offer the plans starting in 2014, via websites that let consumers compare coverage among a variety of plans the way Expedia users weigh costs and benefits among airlines. That may give the brokers access to as many as 22 million uninsured Americans (Nussbaum, 4/16).

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