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@GenY_Ryan agreed. I was more talking from the medical device and clinical workflow pov.
6 months ago on Thinking of starting a Health IT company? Here are the top three industry challenges
@GenY_Ryan clinical evidence will be much more important when pay for performance becomes the norm. I am betting my career on the fact that data analysis and increased connectivity between and amongst providers are going to have a huge impact on the way healthcare is practiced. With better analytics, clinical evidence will be uncovered, and new, innovative products that improve outcomes will become more the norm and some will even supplant entrenched players.
Scanadu looks amazing, thanks for sharing.
Rick, thanks for touching on #1. Aligning incentives with innovation is super tough in HIT - since we (the US) have a system that seemingly detaches performance from payment, most times having a more efficient workflow doesn't make you any more money, just reduces some stress. In this case, it's much more important to add to the top line (revenue) or reduce the bottom line (cut costs). Once more organizations make the switch to outcome-based pay, I wager we'll see a lot more innovation.
@hamishmckenzie great analysis, thanks for writing this piece.
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