Forbes April 22, 2019
OBSERVATIONS FROM THE FINTECH SNARK TANK
The thought of the banking industry becoming like the healthcare industry should scare the bejesus out of anybody. But don’t jump to conclusions. There could be some positives in that scenario.
Here are three ways banking could become like healthcare–and two out of three would be for the better.
Outcomes-Based Banking
Over the past 15 years, the healthcare industry has transitioned to a new paradigm for care: Outcomes-based healthcare. The Canadian Institute for Health Information defines health outcomes as:
Changes in health that result from measures or specific health care investments or interventions.”
Health Catalyst writes:
In outcomes-based healthcare, health systems focus on reducing variation in how they treat a...
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