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4 ways technology could help fix health care: Telemedicine, Medical Data and …

4 ways technology could help fix health care

By Craig Johnson | February 26, 2018 2:45 pm | Clark.com

With the recent announcement that Amazon, JP Morgan Chase and Berkshire Hathaway are going to take on the nation’s sick health care system, much has been made about how this massive undertaking would look.

The entities involved are run by two of the richest men in the world — billionaires Jeff Bezos and Warren Buffett — with the backing of the largest bank in the United States, JP Morgan Chase. So what’s at stake? Quite a lot, actually.

Amazon, JP Morgan & Berkshire team up to take on health care

Skyrocketing medical costs, along with the politicization of our health care system, have made a simpler, cheaper way for Americans to receive medical care all but a necessity. And prices aren’t getting any more affordable, with health care costing $10,348 per person on average in 2016, according to the Centers for Medicare and Medicaid Services.

But what would a new health care system look like? What would be the major tentpoles included in the Amazon-JP-Berkshire plan? USA Today recently ran through some pretty thorough predictions in four areas:


If it’s one thing companies like Amazon and JP Morgan Chase realize it’s that consumers adapt quickly to technological change. Oftentimes, it is big business that needs to catch up. So it will be with telemedicine, which has already made inroads into health care over the past few years. Many schools and other facilities have kiosks that can serve patients medical products without the hassle of a doctor’s visit.

When it comes to smartphones, there are already several apps on the market — like Dr. on Demand and Amwell — that allow doctors and other health professionals to treat patients,  and even write prescriptions, without being in the same room with them.

Medical data

A harbinger of the future health care landscape can be gleaned from Apple’s recent update of its Health App, which now allows people to access their available medical data on their iPhone.

Paired with computers in doctors’ offices, Apple sees the feature as a one-stop shop that can help medical providers quickly and easily see their patients’ allergies, conditions, immunizations, lab results and other vitals. The feature is scheduled to be fully integrated into many of the nation’s hospitals and clinics this spring.


SOURCE: https://clark.com/health-health-care/health-care-amazon-jp-morgan-chase-berkshire-hathaway/


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