Did you know that almost 20 cents of every dollar of your taxes goes into the health care system? “That is a problem,” said David Shrier, CEO of the health-focused growth equity firm Keyview Partners.
Watch Shrier talk with genConnect about the importance of making health care affordable, and what the future of health care in America will be:
As an innovative equity firm, Keyview Partners was excited to be at SXSW to observe how growing technology trends could potentially revolutionize the health care industry.
“We are focused on the intersection of health and the emerging trends along mobile, data, analytics and something we call evidence-based marketing,” Shrier told genConnect. “These are areas where we see a lot of opportunity because of some major trends that are transforming the five trillion dollar global health care ecosystem.”
“We want to drive efficiency into the health care system and improve quality of care. Right now, in the US in particular, health care consumes seventeen percent of our GDP,” Shrier said. “That is far more than any other country on the planet and it isn’t sustainable. You can’t argue with me that Germany or Norway have a worse quality of life and a worse health care system in terms of the outcomes but they spend much less of their GDP.”
On the horizon is a handful of companies looking to spark innovation in health care. How are they doing it? By creating “a triangular discussion between the insurance company, the patient and the health care provider,” Shrier said. “Companies that help drive that interconnected-ness are ones we think are going to be big winners in the coming years.”
Click here for more videos from SXSW 2012. Tune in to genConnect.com for updates from SXSWi and follow us on: