If images speak a thousand words the following ones will illustrate the point resoundingly. A) We spend more on healthcare as a % of our GDP than other comparable countries: B) Higher administrative costs is very much one of the drivers of that higher spend: C) In fact, our administrative spend as a % of healthcare has only been increasing: D) And to put it in actual dollar numbers, just billing and insurance amount to almost $500B: Many startups are trying to solve this massively imbalanced system. Examples just from the Tau portfolio: – Glidian and Banjo Health are focused…...
Medicine, Paperwork And How Startups Can Help
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