4 ms·
not sure where your confidence comes from, though i hope you are correct. i don't see it yet though. in the US healthcare market the payment model will have to
by HillaryBriss 9y ago
not sure where your confidence comes from, though i hope you are correct. i don't see it yet though.
in the US healthcare market the payment model will have to change before Indian healthcare market prices have an impact.
in other words, US legislation that takes money away from the current system of providers would need to be passed. (i mean, why doesn't the US medicare/medicaid system take advantage of the lower costs you're describing by flying US patients to hospitals in other countries for major, expensive procedures and other treatments? they could save a lot of money, but US law does not currently allow payment to providers all over the world.)
US hospitals, doctors, pharma, etc have created a closed system wherein they are the only service and product providers. i think they like that aspect of the current system. they've built themselves a moat and globalization cannot enter.
- motohagiography 9y agoTell me more of your impregnable fortresses and unsinkable ships. I agree that the barriers you mention are real, but those are in the domain or class of solvable problems. Apps like Figure1 are a good example of how doctors are moving around this. To borrow from Nial Ferguson's new book, the big CMS/EHR players (nightingale and another one here) control the integration points and hierarchical relationships, but I think they are vulnerable to networks.