Blog | Business
The greatest lesson the last year taught us business-wise was the difference between a whim and a necessity. We’ve all witnessed companies shifting their strategies to those more compatible with the needs of clients locked up at their homes. One of the most vibrant examples of a whim-turning-necessity is the need for developing your business’s app.
2020 has thrown us all a challenge that seemed too tall to climb. Yet, that year has also been a lesson to learn, as investors and companies have made it clear for themselves which markets and niches to invest in. Quite obvious, the healthcare industry is topping the charts as the world is steeped in an unprecedented need for high-quality healthcare services. Yet, the ultimate question to answer is whether we need healthcare in the form it used to exist in the pre-coronavirus era?
$4.3 million (maybe even more) to be paid in penalties. This might be the verdict you’ll hear in court one day if you reject the need for developing telemedicine apps in a HIPAA-compliant manner. This is a real-life case that we’re talking about. A cancer center from Texas, which we’ll leave undisclosed for understandable reasons, has recently paid $4.3 million in civil monetary penalties because it couldn’t care less to protect its patients’ data the way HIPAA instructs and requires to.
The greatest lesson the last year taught us business-wise was the difference between a whim and a necessity. We’ve all witnessed companies shifting their strategies to those more compatible with the needs of clients locked up at their homes. One of the most vibrant examples of a whim-turning-necessity is the need for developing your business’s app.
2020 has thrown us all a challenge that seemed too tall to climb. Yet, that year has also been a lesson to learn, as investors and companies have made it clear for themselves which markets and niches to invest in. Quite obvious, the healthcare industry is topping the charts as the world is steeped in an unprecedented need for high-quality healthcare services. Yet, the ultimate question to answer is whether we need healthcare in the form it used to exist in the pre-coronavirus era?
$4.3 million (maybe even more) to be paid in penalties. This might be the verdict you’ll hear in court one day if you reject the need for developing telemedicine apps in a HIPAA-compliant manner. This is a real-life case that we’re talking about. A cancer center from Texas, which we’ll leave undisclosed for understandable reasons, has recently paid $4.3 million in civil monetary penalties because it couldn’t care less to protect its patients’ data the way HIPAA instructs and requires to.