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The pandemic has brought an unprecedented acceleration of digitization in healthcare and has significantly widened the market for healthtech startups. The proliferation of consumer and medical wearable devices has democratized secure access to patient data without complex EMR
systems. Payors have opened up to value-based care due to regulatory push, access to patient data, and upcoming reforms in pharma industry.
Telehealth and digital formularies have become widely accepted across healthcare plans thanks to the pandemic. It has also triggered a widespread workforce burnout and upward mobility opening up gig-work style opportunities in healthcare.