An insightful lecture from Professor Christensen from Harvard Business School on "How Healthcare Can Become Higher in Quality, Lower in Cost, and Widely Available". The gist of what he thinks about the evolution of the healthcare system from the business point of view, very similar to the evolution of computers. From 'centralization' to 'decentralization; 'highly skilled' to operate to 'less skilled required' to operate without compromising quality of care; and from 'expensive' to 'inexpensive'. That was exactly what happened to the computer industry. From huge expensive computers to smartphones. How can healthcare become more affordable then? Do not expect hospital fees to become cheaper or specialist doctors to take a pay cut. Technology will be the driving force that will drive healthcare to a lower cost venue of care and enable lower cost care giver to do more sophisticated things without compromising competency.
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07 May 2015
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