Nothing is more inefficient than how we manage and parcel out payment in American healthcare. Healthcare administration costs $150 billion nationwide, and in hospitals, comprises 25% of total costs, compared to 12% in Canada. Authorizing procedures is another delay. But networked tech is targeting bureaucracy and efficiency at the same time it’s stitching together new methods of care. How do we reduce the cost, increase efficiencies and improve healthcare?
Transforming the Health-Industry Ecosystem
Nothing is more inefficient than how we manage and parcel out payment in American healthcare. Healthcare administration costs $150 billion nationwide, and in hospitals, comprises 25% of total costs, compared to 12% in Canada. Authorizing procedures is another delay. But networked tech is targeting bureaucracy and efficiency at the same time it’s stitching together new methods of care. How do we reduce the cost, increase efficiencies and improve healthcare?
By Techonomy Media
Tech's Impact on Business and Society, techonomy.com
Today technology is inextricably entwined with just about every activity that humans undertake. Techonomy embraces that fact, and seeks as a company to help the world take advantage of it. We cast our lens broadly across business and society in order to highlight and explore the manifold ways in which tech’s impact is felt. Techonomy Media hosts conferences and dinners and publishes editorial content, including video journalism. We make our programs accessible to a wide audience because it is impossible to know where leaders will emerge, and because the world increasingly recognizes that, for better or worse, we are all in this together.
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