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“There Are Too Many Entrenched Interests”
In the last decade, over 50+ telemedicine startups in India raised more than $2 billion and most have shut down. The pitch was- India has too few doctors, too many patients, and a broken healthcare system. Technology would fix it. But it didn’t.
Here’s a breakdown.
Dilip Kumarx.comRather than trying to improve them, the most exciting health tech companies will ignore the parts of healthcare that have become obviously anachronistic, actively discarding convention. The seeds of this difference have been sown in a handful of companies started in the last few years. They are painstakingly taking relationships from incumbents,... See more
Nikhil Krishnan • Things I’m Thinking About In Healthcare Part 1
Those are promising signs. On the other hand, the fundamental economics of the value-based arrangement still aren’t clear. If fee-for-service turns out to more profitable for both payer and provider, then value-based care won’t survive outside of Medicare Advantage. And there have been failures in the past, as cited above.