Shiny new, big hospitals are – to the future healthcare needs of Australia – what coal-fired power stations have become for our energy sector. Like the energy sector, healthcare paradigms are changing rapidly. Unlike the energy sector, we haven’t even started to argue about why we aren’t planning and designing
Australia’s medical software industry, though peppered with some great talent, interesting start-ups, and high potential emerging software platform plays is not necessarily where you would expect to find the next IT unicorn. But there may be one hiding in plain sight. Sign up for Which-50’s Irregular Insights newsletter Nominate today
Digital transformation is very big business these days. That’s why there isn’t a big C consultant in town who hasn’t locked onto big business and government in some way to take the more cashed up (and sometimes senseless) on a journey with their teams of “smartest people in the room”.
Digital transformation has been slow to arrive to the healthcare sector because the sector is inordinately complex, fraught with risk and regulation and the economics of supply and demand, especially around the services of doctors, has retarded the normal rapid equalisation of informational power that digital brings to the consumer,
Severe interoperability problems in the healthcare sector are holding back efficiency, massive cost savings for government, and, most importantly, patient safety. Each year it is believed that as many as 18,000 deaths in Australia are caused — or at least expedited — by medical errors. A lot of these errors
Like many professionals, medical executives would be forgiven for believing that a huge wave of Artificial Intelligence fueled transformation is about to disrupt everything about the way they work, and earn a living. The truth, as ever, is a little more sanguine. Of all the professions, healthcare is likely one