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Why It’s Almost Impossible to Build a Health Care Startup That Works

And why you should try anyway

A US dollar bill rolled up in a prescription bottle.
Photo: Mike Kemp/Getty Images

We all know the U.S. health care system is bad. But why hasn’t any business come in and fixed it? The market is massive, inefficient, and extremely wasteful. Some estimates suggest wasteful spending accounts for between $760 billion and $935 billion annually, from a combination of unnecessary…

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