Healthcare cost and quality, can coexist?
Rising costs and a desire to get quality healthcare is on everybody’s mind. The reality is different from the value of healthcare services goes up, and the quality of care goes down. However, is it the case that the quality of healthcare is going down or our expectations are going up? Probably not!!
Quality is a crucial aspect if you are spending wealth on something. The cost of the healthcare system is increasing at a pace not seen before. As a result, quality and access are getting hammered. To improve overall health compromise with quality and access is not acceptable.
Why is the cost increasing?
However, now the situation is changed:
So why even with so much of connectivity cost of healthcare is increasing at a rate that is many times multiples of the inflation rate. Maybe we are not yet fully exploiting the technology in our hands like smartphones and cloud infrastructure for healthcare services. Solutions need to be simple to use to cater to all levels of users.