Are Startups Shaping the Future of Healthcare?
Research shows that the United States pays $9,237 on healthcare per person, making it the highest healthcare spender out of the 184 countries in the study. In 2013, the US healthcare spending came out to be in the $2.7 trillions, which meant, during that time, it covered almost one-fifth of the nation’s GDP.
From these figures, it is easy to see that we have a serious healthcare crisis on our hands: how do we cut costs in the healthcare industry as a whole while still providing a quality level of care to patients? Startups are taking a crack at this dilemma. Read on to learn how they are paving ways in the healthcare industry, and whether healthcare startups help or hinder.