Fierce Healthcare October 18, 2018
Digital tools like telehealth are changing the healthcare industry. But many startups are running up against stringent regulations.
To hear private sector healthcare executives describe the U.S. healthcare system, one might think the industry was on the verge of collapse.
Industry executives railed on the current constraints of the nation’s healthcare system during an event hosted by the American Enterprise Institute (AEI). Oscar Health CEO Mario Schlosser called healthcare pricing system “insane” and described his personal experience dealing with his insurance carrier prior to founding Oscar as “useless.”
Likewise, Clint Flanagan, CEO of Nextera Health, called the industry a “dysfunctional and crazy ecosystem” too burdensome for patients to effectively navigate on their own. AEI Resident Fellow James Capretta similarly...