Good article on how technology can help resurrect healthcare.
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The article, Can Technology Be The Magic Pill That Cures Health Care?” by Padmanand Warrier states,
“As we enter 2018, I’m optimistic that technology will positively impact health care in the years to come. Today, we have the nexus of people power, capital investment and technology innovations to drive that forward. I expect that we’re going to witness history repeat itself and see the Airbnb or Uber of health care emerge.
On the surface, the challenge seems daunting. Technology by itself can’t singlehandedly erase the bureaucracy and cost structures that have long weakened the system. VC funding in U.S. health care shot up 26% in 2017, but that seems infinitesimal compared to the total cost of health care delivery. To put things in perspective, in 1960, the national health expenditures were about $27 billion, according to CMS.gov. Today, that’s well over $3.3 trillion. That’s an astronomical imbalance!
A focused approach buoyed by technology and propelled by people power is necessary. The opportunity for tech is to address three fundamental malaises in health care:”
To read the entire article, please click here
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