Medical science is one of the fastest-growing industries in the U.S., but it’s also the biggest risk for insurers to pay out big, because the vast majority of patients aren’t in need of care.
The average annual cost of a medical visit is $6,000, according to the American Medical Association.
In the case of a high-cost hospital, it’s even more.
But for the average doctor, getting the best care is one thing, but figuring out how to do that without breaking the bank is a whole different ballgame.
That’s why some experts are taking aim at the big moneymakers in medicine, and the moneymakers are offering them the best deals.
1 of 12 Full Screen Autoplay Close Skip Ad × Healthcare industry: Biggest changes in the past year View Photos The biggest changes in 2017, including new rules governing doctors and hospitals, and a shift toward electronic payments.
Caption The biggest change in 2017: New rules governing doctor and hospital payments.
“If I get a cancer diagnosis, I can ask for a test and get a treatment that is much more effective than a conventional, in-person visit,” says Steven M. Wolski, a medical professor at the University of North Carolina-Chapel Hill.
“In this case, if you can’t go to the hospital, you’re not going to get any kind of benefit from going to the doctor.”
The U.K.-based health care company, which has its headquarters in the United Kingdom, has created a platform to connect doctors, nurses and other health care professionals to patients and to help them make better decisions.
The platform, called Doctors and Patients, is part of an effort to create more value for patients.
Wetsley says it’s one of many efforts to connect health care workers with patients and improve outcomes.
The health care industry is changing rapidly, he says, and “the way we do things has to be better.”
A few weeks ago, the company announced that it had reached a deal with the U
