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October 10, 2013 08:30 am GMT
The health-care industry in the U.S. is broken, and considering the industry itself represents some 18 percent of the U.S. economy, it's a sizable problem. While other sectors have begun to adapt, health care has managed to resist change -- particularly the technology-based variety. Meanwhile, 30 percent of total health-care spending in the U.S., or more than $750 billion per year, is wasted on "unnecessary services, excessive administrative costs, fraud and other problems."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6qorzqxS_xE/
From Sprint And TechStars To The FDA, A Look At The Changing Landscape Facing Health Startups
The health-care industry in the U.S. is broken, and considering the industry itself represents some 18 percent of the U.S. economy, it's a sizable problem. While other sectors have begun to adapt, health care has managed to resist change -- particularly the technology-based variety. Meanwhile, 30 percent of total health-care spending in the U.S., or more than $750 billion per year, is wasted on "unnecessary services, excessive administrative costs, fraud and other problems."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6qorzqxS_xE/
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