Investopedia July 11, 2018
Nathan Reiff

Although individuals on different sides of the political spectrum are likely to disagree about what’s to be done to fix the U.S. health care system, few would likely dispute that the sector is in rough shape at this point.

To be sure, fixing health care is a process that’s sure to be lengthy and to involve many factions within the business, science and political worlds. Still, even as debates have raged about large-scale issues with the industry, technological advances have helped to increase efficiency in small but important ways: New software allows for the safer, faster transmission and storage of health records by providers, for instance.

On the other hand, it’s no secret that many parts of the health care...

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