The American healthcare industry has come a long way. In the ‘90s, the average life expectancy in the U.S was 47 years. Nearly two decades later, there is no denying that the healthcare sector has made tremendous strides, resulting in a life expectancy of 78 years (2015).
While healthcare pundits are in agreement that the American healthcare sector has tremendously changed in favor of the healthcare consumer, they have raised pertinent questions. They wonder why Japan and Greece, for instance, have higher average life expectancies yet they spend fewer resources per person as compared to America. Japan, with a life expectancy of 83 years, spends less than $4000 per person in healthcare costs. America, however, spends over $9,000 per person in healthcare costs—the highest of all the nations considered. If anything, the U.S should have the highest life expectancy figure.
The American healthcare industry abounds several questions, with no tangible answers. Mike Townsend, a contributing writer at TechCrunch and an entrepreneur in healthcare, suggests that inefficiencies in the American healthcare industry have resulted in wastage of resources.
The question then is, “how do we eliminate wastage?” Townsend suggests that innovations are the healthcare’s best bet to turn the sector around. Smart entrepreneurs are respected for being innovative, and the more of them we have in the healthcare field, the better the industry’s chances of generating new efficient ways of dealing with challenges.
He ranks among the smart entrepreneurs working to salvage the American healthcare field. He is one of the best electronic health records specialists in the field. Drew Madden has over ten years working to solve the complex challenges associated with electronic medical records (EMRs). He presently works alongside other passionate professionals at Evergreen Healthcare Partners on matters electronic health records.
Drew Madden is a unique entrepreneur with unmatched managerial abilities; he demonstrated the same at Nordic Consulting Partners where he was the president between 2011 and 2016. At Nordic, he spearheaded the firm’s growth that saw its revenues balloon to $130 million, down from $1 million. Nordic’s clients and employees also increased.