How can technology be used to address challenges in the healthcare industry?
Current challenges in the healthcare industry can be summarized as a supply and demand mismatch. The current demand for healthcare services outpaces the available supply of care delivery capacity. Demand continues to grow due to aging populations and increasing prevalence of expensive chronic diseases. Supply is constrained due to labor shortages and limited care infrastructure. Many see technology as a force multiplier that will allow health systems to achieve more with the same or even fewer resources. Technology can allow for more efficient allocation of resources, more scalable models of care, and better data and analytics.