Entrepreneurs Working on Healthcare ‘Revolution’

Posted on December 8, 2012


For those entrenched in the healthcare industry, Inc. magazine’s article on the imminent healthcare revolution will likely not be an epiphany. Access to care, digital health records, patient education and empowerment, post-discharge care management—these are not new concerns for today’s care giver or healthcare administrator.

What I find educational about this piece is that it is written through the lens of entrepreneurship. This article pinpoints troubles in healthcare, some identified by individuals who are without a traditional healthcare background, and have found these problems ripe for a solution and worthy of investment.  What is hopeful is that in this case, others feel these problems can be solved and are applying resources at this moment to do just that:  starting companies, executing research, prototyping possible solutions, and gathering data for improvement.

As with any type of disruption from an entrepreneurial stand point, one message is clear:  fear the outsider.  If there is a business problem, including within the healthcare sphere, it has likely garnered the attention of an entrepreneur who is working on a solution.

For patients, this is great news; somewhere someone is working to solve the U.S. healthcare’s inefficient and expensive system, one problem at a time. Eventually, this will mean better care. For hospitals, this should be great news as well:  improved service to more people. And for those threatened by such developments, beware of the start-up, the David, the unknown. Entrepreneurs love being the underdog, being told something is ‘impossible’.

The election is over; it is time to act. Adapt or perish. And those that make up the system—hospitals, insurers, care givers, drug and device manufacturers—feel free to initiate your own solutions…because no one is waiting on you, or the government, to do it—especially not entrepreneurs.