Longwoods Blog

From IBM: Healthcare 2015 paints a portrait of what the global healthcare industry could look like a decade from now.

Transformation – the future lifeblood of the healthcare system

It is no secret. Healthcare is in crisis – high costs, poor or inconsistent quality, and inaccessibility are potentially catastrophic.

Just how bad is the situation? The U.S. is ranked 37th in overall health system performance. Healthcare in Ontario is expected to account for 50% of government spending by 2011. And in China, 39% of the rural population and 36% of the urban population cannot afford professional medical treatment.

In virtually every country, the growth in healthcare demand is increasing more rapidly than the willingness and, more ominously, the ability to pay for it. If left unaddressed, financial pressure, service demands driven by aging populations and other demographic shifts, consumerism, expensive new technologies and treatments, and the increased burden of chronic and infectious diseases will cause most countries to reach a breakpoint.

So who is responsible for curing this potentially fatal crisis? Everyone. Providers, consumers, payers, health plans, suppliers, societies and government all have a role to play in the pivotal win-win or lose-lose scenario. To successfully transform healthcare, stakeholders in all countries must actively participate, collaborate and change.

This entry was posted on Thursday, September 22nd, 2011 at 2:58 pm and is filed under Longwoods Online.