How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the future of the industry (AAPL, GOOGL, MSFT, AMZN)

 

  • The US spends over $ 3 trillion annually in healthcare costs — but providers can’t keep up with growing demand.
  • Health organizations are increasingly turning to tech companies to transform delivery of care and lower health expenditures.
  • Seeing an opportunity to tap into the lucrative healthcare market, four of the largest US tech companies — Alphabet, Amazon, Apple, and Microsoft — are accelerating their health-focused efforts.

Healthcare disruption is no longer looming — it’s here, and it’s necessary. As the population continues aging, health organizations and providers are struggling to keep up with growing demand for care, while consumers are facing astronomical costs — often for subpar service.Big Tech in HealthcareBusiness Insider Intelligence

According to the Centers for Medicare and Medicaid Services (CMS), healthcare spending in the US has already surpassed $ 3 trillion annually — a figure expected to grow another 5% this year.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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