Healthcare experts: looking forward to the future of healthcare industry

2014-02-19 source: what is the most significant disruptive change in business week's healthcare industry? In the past 18 months, the rapid growth of employer funded insurance and personal market deductibles, as well as the driving factors behind high deductible insurance I put it first because it brings consumers to the counter to ask questions; it drives technology and application development; it also drives down the cost of MRI in five different areas of Nashville Today, the Obama health care reform, or affordable health care act, has established a health care channel for people aged 25-35 Obama health care reform will put many smart consumers into the system They need to pay less than $2000 from their own pocket for medicine, and they will certainly seek more benefits from medical services Who will be the big winner? Health care industry Because smarter consumers will drive up the value of the system Higher value means more competition among healthcare providers With more and more money coming into the system, doctors, businesses and hospitals are competing for patients with real transparency Thanks to information technology, prices will fall, efficiency will be pursued and waste will be eliminated They will be better providers of health services That doesn't mean they will make more money, but they will get better Patients benefit more by having an MRI for $300 instead of $2000 It's a huge value and a huge savings How will new technologies perform? Traditional technologies in the field of health care have pushed up the cost of almost the entire industry Doing a heart or liver transplant, using an artificial heart or a stent, all of these increase the cost of care Today's technology is driving costs down My iPhone can do a full ECG, not just a pulse This saved $200 for ambulances, $200 for hospital admissions, $150 for electrocardiograms, and $200 for results analysis All of this, I can now use my own mobile phone to do it for free in 30 seconds Is the quality comparable? Yes Take alivecor, a heart monitoring app on my iPhone, which has been approved by the FDA to detect single channel ECG rhythms It is a monitoring software with clinic quality level Is it as good as the standard ECG monitor you see in the emergency room? It's different However, 90% of the heart diseases that can be diagnosed by the hospital ECG monitor can also be diagnosed It has transformative significance Another example appears in the laboratory In the next 12 months, you will see the emergence of a new blood test technology You no longer need to go to the clinic to have a trained blood technician draw five tubes of blood for you, and then send them to New Jersey for testing with a differentiation mass spectrometer In the same blood test, you just need to take a few drops of fingertip blood What you need to go to is not the laboratory but the drugstore Patients in long-term emergency care hospitals can use the technique to test their blood without risking infection by waiting in long lines for a blood draw This method is cheaper and less harmful to human body The technology was not invented by Vanderbilt or hospital doctors, but by Silicon Valley electronics engineers Its inventors are a group of very smart doctors in a start-up called theranos They are all laymen in the medical industry This is the coming disruptive technology One might turn around and say, "well, labs account for only 3% of the $3 trillion total." It's true, but the 3% cost can affect 8 out of 10 clinical diagnosis results Will it involve many people directly in diagnosis and treatment? Yes, that's what disruptive technology means That's why people like me work in the world of information technology, in the field of cloud computing, and strive to keep those hardware and IBM systems on the sidelines Hospitals still rely on those hardware systems Such disruptive technologies, and new tools that enable consumers to make informed, valuable decisions, did not exist two years ago, or even 12 months ago I call it the "medical turning point" because on the one hand, consumers have gained initiative through mobile devices, and on the other hand, supercomputing has developed in parallel with it, and the combination of the two has finally been realized in the cloud In addition to reducing costs, it brings us to a new level of pharmaceutical personalization that we never thought of Is electronic medical record a positive change? Electronic medical record is a good thing, but it is not a subversive change Maybe in the first few years, it will reduce efficiency Some say it's three months, maybe longer Unfortunately, it is applied to some traditional old systems You know these systems as well as I do I don't want to name them because I don't want to get into trouble These systems are too rigid, proprietary, and not open source Will healthcare giants benefit from these changes? Or are they most threatened? For pharmaceutical giants, they are clearly at risk, mainly because the traditional tools of clinical diagnosis and drug development are being subverted by new technologies Traditional information technology equipment also faces great risks You need data connectivity as an ability to use data This is the message of the next generation of cloud computing companies Good hospitals can do well as long as they can adapt to change