4 ms·
Healthcare is mighty complex. The "why don't you just _____" or "the problem is _____" impulse among all who touch it is strong and typically well intended. Eve
by fhsm 4y ago
Healthcare is mighty complex. The "why don't you just _____" or "the problem is _____" impulse among all who touch it is strong and typically well intended. Eventually it will even be right.
For the many who have shown the impulse here, a bit of context: Apple global revenue in 2020 was 274B[0] and US healthcare spend was $4T[1]. If you can capture just 6% of just the US you've got an Apple sized (in one sense) operation. Six percent isn't so big, Google is at 90%[2]. Little old United Airlines picks up twice that 6% target for 13% share[3]. If you pulled in 13% of US healthcare you'd have a Walmart sized operation[4].
Apple, Google, Amazon, Microsoft have made a multiple runs at it. Maybe Apple Watch and PillPack count as successes, maybe.
The world is waiting for, dying for, someone who actually knows _____.
[0] https://www.statista.com/statistics/265125/total-net-sales-of-apple-since-2004/ https://www.statista.com/statistics/265125/total-net-sales-o...
[1] https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NationalHealthAccountsHistorical https://www.cms.gov/Research-Statistics-Data-and-Systems/Sta...
[2] https://gs.statcounter.com/search-engine-market-share/all/united-states-of-america https://gs.statcounter.com/search-engine-market-share/all/un...
[3] https://www.statista.com/statistics/250577/domestic-market-share-of-leading-us-airlines/ https://www.statista.com/statistics/250577/domestic-market-s...
[4] https://www.macrotrends.net/stocks/charts/WMT/walmart/revenue https://www.macrotrends.net/stocks/charts/WMT/walmart/revenu...
(obviously the math is approximate, the sourcing iffy, and the comparisons flaky ... particularly Walmart which is a big player in healthcare so is getting double counted).