National Healthcare Spending in the U.S. Was Nearly $5 Trillion (with a “T”) in 2023 – New...
Health Populi December 18, 2024
SCAN Group: It’s Time for a Healthtech Moonshot
Becker's Healthcare December 18, 2024
Our healthcare system badly lags other industrialized nations in terms of what we spend and the outcomes we achieve, and the culprit is fairly obvious: we spend five times our peer nations on administrative expenses. How bad is it? Our doctors still rely heavily on faxes — yes, faxes — for communications.
Killing fax machines won’t solve the problem, of course. We need nothing short of a healthtech moonshot, one that’s driven by the technology most capable of erasing administrative inefficiencies: artificial intelligence.
We’re also acutely aware of the flaws in many of the industry’s existing AI platforms, including those that perpetuate racial and ethnic biases. That’s one reason why we’re calling for a stepwise approach to this...
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