Bob Kocher, former Special Assistant to President Obama for Healthcare and Economic Policy once asked me:
"You are in healthcare? Are you going to fix it?"
This is a great article on CIO.com that touches on the main points on why it is broken and what will be needed to one day fix it.
In the article it states that the problem can be boiled down to two issues:
- Innovation has been sustaining as opposed to disruptive while the process remains largely centralized.
- Hospitals offer the value of solving any problem for any patient, he says, but the overhead of that complexity leads to tremendous costs.
This reminds me of the debate when the large car manufacturers were bleeding money: should the government subsidize them and get them back on their feet? Or should the government let these automotive powerhouses die out and let nature take its course.
In the case of healthcare, disruption on this scale is necessary. Although it will be painful for everyone at first, it is the only way to solve this massive problem long term. No amount of band aids can fix the current healthcare system as is.
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