The riddle of US healthcare complexity and inefficiencies
Our current healthcare spend
% of GDP
20
5
1960
2023
20% of GDP! What is the admin portion of this?
25% of all healthcare spend is on administration. That is a full $1T !
Our current healthcare spend
% of GDP
20
5
1960
2023
20% of GDP! What is the admin portion of this?
25% of all healthcare spend is on administration. That is a full $1T !
How did we get here?
Much like a slowly boiled frog, our system's complexity has crept up gradually, and we are nearly "cooked".
We are 5 different healthcare models in one.
The UK Model (VA), the Canadian model (Medicare & Medicaid), German model (ACA), Chinese model (cash/OOP) and commercial (our own) - This mish-mash is us.
We are encumbered by regulations and bureaucracy.
Bureaucracy - A system of rules, process and paper-work. Excessive resources & staff. We have mastered it.
How did we get here?
Much like a slowly boiled frog, our system's complexity has crept up gradually, and we are nearly "cooked".
We are 5 different healthcare models in one.
The UK Model (VA), the Canadian model (Medicare & Medicaid), German model (ACA), Chinese model (cash/OOP) and commercial (our own) - This mish-mash is us.
We are encumbered by regulations and bureaucracy.
Bureaucracy - A system of rules, process and paper-work. Excessive resources & staff. We have mastered it.
We believe....
1
You can't wish away complexity.
But, you can make the processes more efficient.
2
Technology hasn't been leveraged appropriately
A CHATGPT conversation costs $0.04, why does technology in Healthcare cost an arm and a leg?
3
The wastage problem in healthcare is complex and acute
But, it can be solved one problem at a time.
We believe....
1
You can't wish away complexity.
But, you can make the processes more efficient.
2
Technology hasn't been leveraged appropriately
A CHATGPT conversation costs $0.04, why does technology in Healthcare cost an arm and a leg?
3
The wastage problem in healthcare is complex and acute
But, it can be solved one problem at a time.
Who are we?
Tech and healthcare experts committed to lowering healthcare admin spend
Who are we?
Tech and healthcare experts committed to lowering healthcare admin spend
Are you an innovative TPA or Payor?
You should get early private access to Daffodil's AI-enabled intelligent repricing system. Open only for TPAs, Regionals and National Payors.
Are you an innovative TPA or Payor?
You should get early private access to Daffodil's AI-enabled intelligent repricing system. Open only for TPAs, Regionals and National Payors.
