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Is the Healthcare Industry Ripe for Disruption?

Daniel Paull MD tells us that yes, he believes our healthcare industry is ripe for disruption.

December 13, 2022

Many say the healthcare industry is ripe for disruption.

Right now, the US is considered the wealthiest country in the history of the world, and almost 20% of all of our dollars spent are on healthcare. Any patient can attest that for that absurd cost, we don’t get what we’ve paid for.

 

Right now, the US is considered the wealthiest country in the history of the world, and almost 20% of all of our dollars spent are on healthcare. Any patient can attest that for that absurd cost, we don't get what we've paid for. Click To Tweet

 

The reason that our costs our so high is because of the many industries with parasitic like tendencies that are profiteering off of it: Health insurance companies, pharma, large hospital systems. The industry is ripe for disruption because the costs are high, people and employers are getting ripped off left and right, and the experience and quality of care leave much to be desired.

Those in power keep pushing the limits of their greed, and that is what will cause us to reach the tipping point. The question is not if, but when.

It could be awhile, as the medical field moves slower than molasses in January. We still use the fax machine as a regular means of communication, and falsely state that it is more efficient and secure!

The movement starts with physicians and employers canceling their contracts with health insurance companies and removing as much care as possible from the grip of hospital systems.

This is called direct care and is the nidus of the change that we all need.

All opinions published on SomeDocs-Mag are the author’s and do not reflect the official position of SoMeDocs, its staff, editors. SoMeDocs is a magazine built with the safety of free expression and diverse perspectives in mind. For more information, or to submit your own opinion, please see our submission guidelines or email opmed@doximity.com. Do you have a compelling personal story you’d like to see published on SoMeDocs? Find out what we’re looking for here and submit your writing, or send us a pitch.

All opinions published on SomeDocs-Mag are the author’s and do not reflect the official position of SoMeDocs, its staff, editors. SoMeDocs is a magazine built with the safety of free expression and diverse perspectives in mind. Do you have a compelling personal story you’d like to see published on SoMeDocs? Submit your own article now here.

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2 Responses

  1. For close to 50 years I have shared the solution to the Medical Care Crisis in care delivery is to get the Insurance Industry out of the practice of Medicine. They don’t have the training. They are good only at making money, frequently in direct conflict with Medical Care

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