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THE FUTURE OF HEALTHCARE (Disruption of a $3 trillion industry (AI…
THE FUTURE OF HEALTHCARE
The system is BROKEN
Doctors spend $210 billion / year on procedures that aren’t based on patient need, but fear of liability
Americans spend, on average, $9000 / person on healthcare — more than any other country on Earth.
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It takes 12 years and $2.5-12 billion, on average, to take a new drug from the lab to a patient.
Only 5 in 5,000 of these new drugs proceed to human testing. From there, only 1 of those 5 is actually approved for human use.
And Yet, We Live in the Healthiest Time in Human History
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Today, countries with the lowest life expectancy in the world still have higher life expectancy than the countries with the highest life expectancy did in 1800.
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