The U.S. ranks first in per capita health spending but last in health system performance of 11 major developed countries. And the way we use our money for health care -- 38 percent of which goes to hospitals -- hasn't changed much in 50 years. Sam Glick, a partner in Oliver Wyman’s Health & Life Sciences practice, discusses whether moving spending away from hospitals will help fix our health care challenge.
Despite the promise of a revolution in health, consumer wearables thus far have delivered little more than a flood of meaningless data. Finally, that’s starting to change. A new approach that combines biologically-driven technology and big data, will transform consumer-class wearables and reshape the healthcare and insurance landscape.
As tech companies consumerize healthcare and create more frictionless experiences, it would behoove doctors to take notice and implement certain technologies and services into their practice to improve the patient’s overall experience.