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Health executive, author of Hacking Healthcare... At the start of the pandemic, the general unavailability of mainstream supply chain covid testing apparatus c
by duffpkg 2y ago
Health executive, author of Hacking Healthcare...
At the start of the pandemic, the general unavailability of mainstream supply chain covid testing apparatus combined with an absolute torrent of cash, somewhere around 900 billion in total overall, created a cottage industry in covid testing startups. At the time the institutional thinking was that this was "a good thing" because existing infrastructure had a 0% of meeting covid testing demand. The FDA and other regulators more or less abandoned what little oversight of lab developed tests (LDT) there was during this period. They remain lightly regulated. Fast forward to today, a large number of the covid testing startups still exist and are sitting on mountains of cash, having come up in the age of LDTs they are going to continue to min/max that shaky regulatory framework. People in the startup sphere of influence constantly complain about the FDA being too involved in regulation. LDTs will lead to innovations as well as a abuses, I predict many people will complain their regulation is too lax. Such is the way of trying to regulate anything in healthcare.
- 0xWTF 2y ago> many people will complain their regulation is too lax Oh, definitely. No matter how tight or lax the regulation is, people will complain any existing regulations are too lax, and too harsh. The more interesting bit how different populations will respond. The do you own research folks will complain about both sides: both that the regulations are too tight and too loose. "Be better" will be thrown about. Underrepresented minorities will hear all the noise, not hear many people of their own group, and inherently distrust the whole thing. The people who actually own the problem will try to ignore the noise and focus on doing their jobs, keeping their own comments to themselves, thus depriving the conversation of the voices that would be most helpful. The silent majority (or at least largest minority) will quietly make decisions based on un-admitted allegiances and biases.