Healthcare Innovation Rolls On, Despite Government Inaction
While the stalemate over the repeal or reform of the Affordable Care Act continues, with no end in sight, you might think that innovation in the healthcare field is also stalled. You’d be wrong if you did. Advances in information technology, increasing demands for patient choice, and the need to control costs are pushing innovative business models for healthcare, without Congressional action. One example: WEA Trust, a Voluntary Employees Beneficiaries Association, has invested $1 million in Madison, Wisconsin-based Klio to develop its platform for involving patients in their own care through mobile technology and evidence-based treatment. The goal, reports the Milwaukee Journal Sentinel, is reduced costs and better results. Is it possible that the health insurance market is correcting itself?
John Howell, Editorial Director
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