Publications
Publications
- 18 Apr 2024
Innovation Opportunities Created by COVID-19 Can Help: And How to Make Them Happen
Abstract
The crush of patients created by COVID enabled the creation of sites for care outside the traditional hospital, such as retail pharmacies, ambulatory surgery centers, urgent care centers, telemedicine, and wireless sensors. Public policy mirrored these changes by allowing access to telemedicine and pharmaceuticals by mail and by redefining care of the home as an insured benefit and the ownership role of physicians. Some newly public health insurers added technology as a major asset, and VCs and PEs invested heavily in these new businesses. But the powerful status quo opposes these innovations unless they own them. How sustainable is this new health care system, what opportunities and risks does it create for patients, employers, and investors, and what do you need to make them happen?
Keywords
Policy; Health Pandemics; Health Care and Treatment; Innovation and Invention; Health Industry; Insurance Industry
Citation
"Innovation Opportunities Created by COVID-19 Can Help: And How to Make Them Happen." Fortnightly of Chicago, April 18, 2024.