How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the…

How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the future of the industry

The healthcare industry is undergoing a profound transformation. Costs are skyrocketing, consumer demand for more accessible care is growing rapidly, and healthcare companies are unable to keep up.

Health organizations are increasingly turning to tech companies to facilitate this transformation in care delivery and lower health expenditures.

The potential for tech-led digital health initiatives to help healthcare providers and insurers deliver safer, more efficient, and cost-effective care is significant.

For healthcare organizations of all types, the collection, analyses, and application of patient data can minimize avoidable service use, improve health outcomes, and promote patient independence, which can assuage swelling costs.