The art of healing started out as a noble profession, designed to provide care and treatment to people who needed it the most. However, the truth for the current state of the healthcare system cannot be grimmer. Globally, billions of people lack access to the care they need to sustain a healthy and productive life. A recent FEE article published mentioned that the price of healthcare has been increasing, and even the cost of adequate health insurance is growing. This increase in price has excluded many people who need clinical and hospital care out of an avenue to seek the care they need to stay healthy.

Healthcare is getting increasingly expensive, and access to healthcare is now becoming a serious problem

The healthcare market is highly competitive, with stakeholders ranging from healthcare practitioners, government executives, pharmaceutical companies, to delivery partners (hospitals, clinics etc.). As the number of stakeholders involved in a process increases, we know from well-established communication and execution rules that there will be a corresponding drop in the efficiency and efficacy of providing a good, or service.

Now, a certain degree of complexity is needed in processes to ensure adequate monitoring and review, and there are proponents on both sides of the table. Yet, because of certain inefficiencies in the system, we see increasing innovation in the provision of healthcare-related services such as video conferencing for diagnosis (HealthTap, BreakThrough etc.) and novel breakthroughs in life sciences for prescriptive drugs. All these innovations directly enable patients to save more time, pay much lesser and live a more stable life (no major disruptions to daily living, no queuing, no filling out of many application forms) and patients as consumers have to continue to drive this change by embracing it and leading from within. Hospitals exist because patients are present, but information asymmetry sometimes nudged us all toward passivity. This has to stop.

There are three things we can all do right now to drive even more innovation:

  1. Call for increased and dispersed knowledge
  2. Call for greater transparency for surgical procedures, clinical trials, and treatment diagnosis
  3. Call for increased accountability by medical professionals and drug companies

Being a doctor is one of the most tedious pursuits in this world. We should hold these professionals to the highest standards, and no longer let negligence, passivity in the system to take our loved ones away from us.

CuraHOPE will be covering all these stories and we call out to the rebels, the sufferers, the patients, the innovators to come together and support our mission, driving a harsher look into the current system and make it one which is more compassionate. It can be done if the community works together.

About the Author Shane

Shane is passionate about the medical industry and constantly envisions a world without incurable diseases and chronic conditions. He seeks to use his entrepreneurship, venture capital and sales and marketing experience to bring real change to the medical industry, one insight at a time. In his spare time, he likes to spend time with his family, do online learning and read.

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