September 19th, 2012
Posted by Patti Doherty, R.N.
Sometimes the state of healthcare seems more like the movie “Snakes on a Plane” rather than the symbol of the serpent entwined on the Rod of Asclepius (the Greek god associated with healing and medicine). The movie title alone conjures pretty frightening images. The good news is that the rising numbers for healthcare investment, information technology spending, and consumer behavior related to their healthcare choices reveal a course change that’s not reptilian at all:
- According to a recent report in MedCity News, healthcare spending on telecommunications will outpace overall healthcare industry growth rates—climbing to $14.4 billion by 2017, at an annual growth rate of 10 percent.
- Venture capitalists and incubators are researching both life sciences companies and IT companies—they could create matches between life science innovators and IT to spur more digital health innovations.
- Improved networks and information technology are allowing providers to leverage their traditional medical care resources (e.g., hospitals, clinics, equipment) across a larger base of remote patients. These networks and electronic health records (EHR) will allow collaboration among clinicians, care teams, patients and provider organizations. Read the rest of this entry »