Health Tech is Booming: 4 Profitable Ways to Start a Tech Side Gig

health tech

Crises tend to show us the way we’ve been doing things is holding us back from progress. And it’s no different with the COVID-19 pandemic, particularly within the healthcare industry.

Organizations are now deeply considering every problem, need, weak spot, and inequality to address the virus’s spread. And technology is often the solution.

I believe right now is the greatest opportunity for tech advancement in healthcare – and medical professionals are uniquely positioned to solve the problems facing the industry. There’s no shortage of opportunities to get started with a software-oriented side hustle.

Digitize Clinical Tools, Guides, or References

Clinical tools as educational guides (that don’t require FDA approval) can make for great passive income when set up as a subscription in app stores.

Online learning can also be a source of income for any business you build – a great opportunity to test out the waters before you retire or take a leap outside of medicine.

Create Online Courses or Communities

Improve Processes and Patient Care

One example is Epocrates; it’s been downloaded millions of times. Doctors use this app to look up drug information and interactions, find providers for consults and referrals, and quickly calculate patient measurements such as BMI.

It could be intimidating to take your product off the bench – especially if you want to continue your regular academic or professional duties. However, you can license (or rent) your idea to a company or person that’s already in business.

Go Big and Get Licensed

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