Employee Benefit News May 13, 2022
Deanna Cuadra

The pandemic has further proved that healthcare is not only a necessary service, but a potentially lucrative industry, and a few newcomers are taking note. 

Healthcare is the fifth largest economy in the world, and global healthcare spending could surpass $10 trillion this year, according to a report by Business Wire. But with nearly $200 billion worth of medical debt in the U.S. alone, this industry is hardly the pinnacle of accessibility and affordability. However, as tech giants like Amazon, Apple, Alphabet (Google’s parent company) and Microsoft turn their attention and resources to the healthcare market, that may change — or may not. 

Susan Lang, the CEO of prescription drug consulting and analytics firm XIL Health, doesn’t foresee these tech...

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