Platforms have been a hard sell in health care for many reasons, according to health care experts at the recent MIT Platform Strategy Summit. The industry is fragmented, complex, and highly regulated. The pricing model is opaque, and the economic incentives are misaligned. Care delivery is episodic, which is difficult for anyone managing a chronic condition. And the industry’s journey to technology adoption has been 25 years in the making. But this is changing.
“Health care is beginning to understand the economic power of platforms, especially in a data-rich environment,” said Randall Williams, M.D., managing director of the consultancy Digital Care Advisors. “The industry is in an early phase of experimentation.” Read more.