Innovating Healthcare is Hard
I added this comment to Innovating Healthcare is Hard, an article on MedCrunch by Eugene Borukhovich.
DISRUPTIVE innovation is especially hard, because entrenched stakeholders stand to lose lots of money if things change. Even though there’s plenty of opportunity in healthcare innovation, resistance to real change is the biggest obstacle developers face.
Our nation wastes well over a trillion dollars each year, because we pretend to have a healthcare system but actually have an insurance-based, fee-for-service Disease Management system with perverse incentives (and a legal requirement) to maximize corporate profits for shareholders rather than serve society.
Follow the money, and you’ll see that our “system” doesn’t want you to die but doesn’t profit when you get well either, or when you are healthy and don’t need care. So, we treat symptoms and view patients as paying customers with the real objective of keeping them paying.
To implement disruptive change in this broken system, we should start with the most important stakeholder, the patient, and get them engaged in (1) managing their own health and (2) pressuring elected representatives to change policies that benefit corporations over individual citizens.
Wayne Caswell, Founder & Senior Editor, Modern Health Talk
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