HIT Consultant December 12, 2024
Sufian Chowdhury, co-founder and CEO of Kinetik

Healthcare has historically been slow to adopt new or innovative technology, even as its inherent complexity frustrates providers and patients and its inefficiencies fuel public distrust. Health systems, plans, and providers are notoriously risk-averse—and understandably so, as a technology malfunction in this sector can have life-threatening consequences.

Yet, there are strong reasons to embrace innovation, not least due to financial imperatives. Recent analysis from PwC suggests that by 2025, commercial healthcare spending will increase to its highest level in 13 years. Additionally, excessive caution does not always yield better outcomes. Too many of us can share personal stories of how the healthcare system let us down or even caused harm.

Issues are broad and deep, involving a lack of interoperability...

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Topics: Employer, Govt Agencies, Health IT, Healthcare System, HIE (Interoperability), Insurance, Patient / Consumer, Pricing / Spending, Provider, Technology
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