Intel senior consultant talks: technology helps transparent healthcare

Electronic Tips Network Core Tip : The original author is Andy Grove, former Intel CEO (1987-2005). He served as Intel CEO for 18 years from 1987 to 2005. His well-known saying is "Only paranoid can survive" . He is still a senior consultant for Intel. The technology leader who led Intel to glory once lobbied Intel to invest in other fields than chips. In this article, he explained how technology will change traditional industries such as medical care. This is not only imaginative: will Intel in the future Consider transforming like IBM and becoming a service company? (Abridged translation)

Although all products and services are clearly priced, how many consumers know their true cost and value? And different dealers have different prices, how should consumers make the right decision in this chaotic market?

The same is true in the healthcare market today, where the cost of services is tens of thousands, and the cost of a conventional appendectomy may be as much as 100 times different in different hospitals, and patients make decisions in ignorance. They need to understand their medical history and true medical costs, and the market needs a force to make the healthcare industry more transparent-in addition to laws, technological development can also be done.

In the past few decades, various technologies have made significant developments and changed many industries. But in the field of healthcare, the rate of change is very slow, and it took only a decade for digital medical records to be established. Many industries have reduced costs due to the use of emerging technologies to enter automation, but in the healthcare industry it is just the opposite. Almost half of the expensive medical expenses are for new medical technologies and patents.

In a transparent healthcare market, patients' medical expenses and other data can be freely shared for more research institutions to analyze and derive new insights. Today, with the emergence of various database tools, data can be shared in real time, the correlation between diseases can be analyzed in time, expert consultations around the place become easier, and one-to-one personalized treatment is also possible. Patients will no longer be in a hurry to get medical treatment, they can also adjust the information in the database in real time and add more detailed disease information.

In addition to patients, doctors and practitioners in the healthcare industry also need to seriously understand and treat the development of related technologies. The University of California once initiated a medical-related graduate program, but 91% of the people who signed up were engineers and scientists, not doctors. This makes the research project lose its original meaning.

Patients who are the core of medical care, but in front of hospitals and various health care institutions, they are often helpless and can only be slaughtered. But I believe that this situation will not last long, technology will change everything, and healthcare will eventually be transparent.

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