Why Big Tech Companies Won’t Solve Healthcare’s Biggest Challenges
Analytics, Improving the Patient Experience, Privacy & Cybersecurity
-
Privacy & Cybersecurity
Exploring the ways in which we are protecting the privacy, security, and confidentiality of patient information. -
Analytics
Examine how healthcare data can provide insight across claims, cost, clinical, and more. -
Improving the Patient Experience
Improving the whole patient journey to ensure a positive patient experience, from clinical and administrative, to financial, and everything in between.
Why Big Tech Companies Won’t Solve Healthcare’s Biggest Challenges
Why Big Tech Companies Won’t Solve Healthcare’s Biggest Challenges
With a combined market cap of more than $2 trillion, technology giants Google and Apple are placing big bets on disrupting the $3.6 trillion healthcare industry.
Earlier in the year, Apple CEO Tim Cook repeated a claim that “there will be a day we look back and say Apple’s greatest contribution to mankind has been in healthcare.” Meanwhile, Google Cloud CEO Thomas Kurian wrote in September that “we can transform healthcare and improve lives.”
Based on their past innovations (and earnings), there are very few things Apple and Google can’t do. One of those things, I predict, will be transforming healthcare.
Three announcements last month suggest that Google and Apple stand to make a lot of money on health-related products and services. But none of their recent acquisitions or consumer plays will make a substantial impact where it matters most: On the quality and cost of U.S. healthcare. Here’s why.
- Consumer Preferences Are Different Than Medical Needs
- No Major Tech Company Is Willing To Accept Medical Liability
- Tech Companies Will Face Major Data-Ownership Issues Ahead
The full Forbes article can be viewed at this link.