Can Amazon and Friends Handle Health Care? There’s Reason for Doubt
- 6 years ago
Can Amazon and Friends Handle Health Care? There’s Reason for Doubt
They’re not silver bullets.”
Health care is very local, and companies have traditionally had a hard time preventing hospitals
and doctors from raising prices or delivering mediocre care, because they don’t have enough leverage to force health care providers to do things differently.
Health care is wildly inefficient However, it’s a bit like Mayo Clinic, Cleveland Clinic,
and Partners Health coming out and saying they don’t like their computers so they’re going to form a new IT company https://t.co/wQ0s2BWz2u
Health care is a business that requires a lot of regulatory compliance and negotiation with established players.
Amitabh Chandra, a health economist at Harvard, said
that perhaps the easiest way to squeeze a lot of dollars out of the health care system would be to reduce what he called “low-value services” — health care treatments that are expensive, but only slightly more effective than cheaper options.
They’re not silver bullets.”
Health care is very local, and companies have traditionally had a hard time preventing hospitals
and doctors from raising prices or delivering mediocre care, because they don’t have enough leverage to force health care providers to do things differently.
Health care is wildly inefficient However, it’s a bit like Mayo Clinic, Cleveland Clinic,
and Partners Health coming out and saying they don’t like their computers so they’re going to form a new IT company https://t.co/wQ0s2BWz2u
Health care is a business that requires a lot of regulatory compliance and negotiation with established players.
Amitabh Chandra, a health economist at Harvard, said
that perhaps the easiest way to squeeze a lot of dollars out of the health care system would be to reduce what he called “low-value services” — health care treatments that are expensive, but only slightly more effective than cheaper options.