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Why Raising Money for RPM Companies Isn't Always a Good Thing
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5 minute read
While RPM has the potential to revolutionize the healthcare industry, starting an RPM company requires careful consideration. One of the most significant decisions that executives must make is how to fund the business. While raising capital may seem like the obvious choice, in some cases it can actually hinder the company's scalability, flexibility and ultimately profitability in the long run. In this post, we will examine the different approaches to funding a Remote Patient Monitoring company, and how each approach can affect the long-term vision and growth trajectory.
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