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Next-generation Healthcare—Global Advanced Medical Technologies 2014 : Disruptions and Transformations are Shaping the Future of Healthcare Delivery

  • December 2014
  • 99 pages
  • Frost & Sullivan
Report ID: 2575142


Table of Contents

Smart Government Regulation
•Healthcare system facilitates innovation rather than impedes
•Governance adaptable to changing needs and conditions
•Process transparency and predictability
•Leverage novel validation methodologies
•Coordinate globally to develop guidelines and share information

Robust Industry Investment Pipeline
•Crowd funding and micro investment models create new channels for supporting industry entrepreneurship
•Incentivized exit pathways that can help counter top-heavy industry consolidation
•Funnel government grants and research toward initiatives with tangible outputs

Sustainable Healthcare Funding
•Government payers consider strategies that address long-term solvency of healthcare programs
•Private payers incentivize patient behavior toward health management
•Care delivery models reengineered to consider payment affordability of users

Coordinated Clinical Care
•Disconnect between various clinical specialties bridged by collaborative patient-centric disease management strategies
•Information sharing and analytics to prevent errors in diagnosis and treatment

Access to Tools and Technologies
•Open source innovation platforms to encourage collaborative development of next-generation solutions
•Tools customized to many use case scenarios and pricing tiers

Patient-centric Care Models
•Engagement of the patient as the consumer builds demand pull for new services
•Compared to delivery models, patient information and education facilitate greater patient self selection and, therefore, fit between needs

Operational Transparency
•Transparency, as it relates to products, therapeutics, and services costs, facilitates more informed buying decisions
•Performance and outcomes tracking data bolsters competitive incentives toward quality improvement

Smart Infrastructure
•Infrastructure investments required to support greater mobility and modular care delivery outside of the traditional hospital
•Internet of Things in healthcare enables greater information tracking and application toward analytics-driven decision making

Problem Industry Needs to Solve

In developed and developing regions, the cost burden of unforeseen healthcare issues for the individual or his or her family can lead to financial ruin, often requiring depleting savings, selling assets, and/or declaring bankruptcy.
Because of the escalating costs of operation, hospitals are increasingly being forced to close down or sell the facility to larger more commercial hospital networks.
In developed regions, the increasingly shifting ratio of the elderly population to younger workers is pushing government sponsorship of healthcare to the brink of solvency. High debt and other issues have forced drastic austerity measures in many countries. Most governments continue to wrestle with definitive measures to balance costs with provision of care.

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