Dear fellow digital health enthusiasts, 

Drug dealer busted: J&J was only (?) fined USD 572mn for their role in the opioid epidemic. In response, their market cap increased by USD 15bn. 

Deloitte published their 2019 healthcare report. Health care spending to increase from USD 7.7tn (yep, that’s trillion) to USD 10.1tn. The report covers the main drivers and challenges of healthcare: financial sustainability, transition from volume-to value-based care, consumerization of health care, digital transformation, and regulatory compliance. [≈ 6min]

Ping An Good Doctor officially launched the membership product «Private Doctor» to attract more paying users, by providing one-on-one comprehensive and high-quality medical and health services for children, adults, the elderly and patients with chronic diseases. Further the company’s share price jumped nearly 50% after showing 1H2019 earning results!  [≈ 3min]

We’re often told by well-meaning family and friends that, for good health, we should fall asleep quickly and sleep solidly for about eight hours – otherwise we’re at risk of physical and psychological ill health and decline in mental capability. They are right – people deprived of adequate sleep are more likely to develop diabetes, cardiovascular disease, stroke, obesity, and depression. Moreover, the direct and indirect costs associated with insufficient sleep for the US alone are estimated to be over USD 410bn per year. To be honest, we don’t have much experience with Sleep Tech, but the product diversity is already quite impressive. If you’re looking for an early, early Christmas present for us (it’s end of August after all), go for it. [≈ 6min]

Closing as always with the quote of the week: «The world hasn’t had that many technologies that are both promising and dangerous. We had nuclear energy and nuclear weapons, and so far so good.» – Bill Gates about the power and risk of artificial intelligence.

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Have a productive week,

Dominik & Min-Sung 

PS: Our friend Unity Stoakes shared with us the latest edition of the StartUp Health magazine. Have a look: over 140 pages of pure digital health innovation!