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Friday, May 24, 2019

Dear McKinsey and Company, Re. "The era of exponential improvement in healthcare?"

Re. Your article:

The era of exponential improvement in healthcare?

(By Shubham Singhal and Stephanie Carlto)
Technology-driven innovation holds the potential to improve our understanding of patients, enable the delivery of more convenient, individualized care—and create $345 billion to $420 billion in value by 2025.

Healthcare advances have delivered great benefits to society, bringing material improvements in average life spans and quality of life.1 Yet these improvements have come at a cost—an ever-expanding portion of the US GDP is being consumed by healthcare expenses.2 Could technology, enabling delivery of healthcare advances while improving affordability, be part of the solution? We have reviewed the evidence, done the math, and identified technology-enabled use cases that could create between $350 billion and $410 billion in annual value by 2025 (out of the $5.34 trillion in healthcare spending projected for that year3 ).
Read more ...

But how would we recognise the era of exponential improvement in healthcare?

SELF - individual
humanistic ----------------------------------------------- mechanistic
The exponential benefits realised 'elsewhere' in global, local and glocal health and healthcare systems finally sees the achievement of parity of esteem with mental health not only fully funded, but designated as the key that must be turned 4 happiness. Despite the diametrical opposition of this domain to the political domain, there is a breakthrough in policy makers and the body politic prioritising "The Long Now"
"Predictions of an exponential increase in people living with dementia in the coming 30 years require evidence-based strategies for advancing dementia care and maximizing independent living. However, the evidence required to inform priorities for enabling improvements in dementia care is rarely presented in a way that stimulates and sustains political interests."  Martin, O’Connor, & Jackson (2018).

Community-based healthcare becomes
 the norm and the educational,
preventive and sustainable ethos for
health and healthcare systems
is adopted globally.
Look at the readiness and response-to potential epidemic crises, plus
 interventions in population health. 
Exponential benefits are accrued.
Evidence - look at the number of
 (new) hospital beds.
The community IS the market.

Exponential growth in global
healthcare funding, health information
for all, access to universal health care.
 Social Determinants of Health not
just a vision: but enacted and ongoing
Evidence - climate change slowing,
air quality improving -
the 21st Century truly begins ...

Martin, A., O’Connor, S., & Jackson, C. (2018). A scoping review of gaps and priorities in dementia care in Europe. Dementia. https://doi.org/10.1177/1471301218816250

My source:
email - McKinsey Insights