Keynote: The Global Health Economy – Today and Beyond
Tomorrow morning I give the opening keynote at Cerner Corporation’s Leadership Forum, which brings together a select group of senior executives from hospitals, healthcare and government.
Below are my slides for the presentation. Note that these are designed to accompany my speech and are not intended to be useful as a stand-alone presentation. However a few summary thoughts on the topic are presented below.
A few quick reflections on the global health economy and where it’s heading:
1. The health industry has been largely immune to the price drivers of other industries
Health spending as a proportion of GDP is on a long-term uptrend in all developed economies. Many of the drivers of lower prices in other industries, such as supply chain efficiencies, globalization, transparency, and new entrants have had relatively little impact, largely due to the systemic nature of vested interest in the status quo. However the pace of change in the structure of health economy is accelerating.