Health, IT and inefficiencies
Where there’s money, there’s opportunities.
One of the focus areas at PC Forum is the U.S. Health market. Needless to say many of our problems in health, are not relevant outside the U.S. - but I’m sure there’s room for improvement elsewhere.
But for now - the $1.4+ Trillion market and it’s absurd inefficiencies and how to solve these propblems - is what we’re talking about.
Sure there’s innovaton and medical advancements - but what about making sure your prescription drugs don’t collide? What about getting your doctor’s mindshare? Ever tried to compare health plans?
Know how much of the $1.4T is wasted? $450B. And that’s just in the U.S.
As big as entertainment is - health is bigger. And just like the movement towards ‘end-user’ generated content is changing the face of Hollywood and media - so is the notion that patients can take care of themselves, care help each other, can tranform the health industry.
So how to empower these patients.
BTW unlike the personal publishing world - which clearly will always be a ’subset’ of end-users - in the health world - we’re ALL patients at one point.
One Answer = PHR (personal health records)
Another issue = only 9% of doctors actually work for a hospital.