Healthcare costs are escalating at an alarming rate and it is well reported that some of these costs are due to the ineffective usage and wastage of drugs.
But it is not just the poor use of drugs that is causing costs to escalate. The journey a patient takes down the healthcare pathway is fraught with road blocks, wrong turns and misinformation. All of which leads to longer waiting times, poor diagnostics and abortive consultations and treatments until the right result is achieved. In turn, the healthcare pathway forms part of a wider model that is cumbersome, inefficient, and regularly seeks to minimise transactional costs rather than long-term consequential costs. Why is this? Does it need to be this way?
At PA, we believe that a technology-enabled pathway has the potential to significantly reduce total healthcare costs and that intelligent healthcare, together with connected health, will enable more efficient healthcare delivery on a global scale.