Finland's entire government resigns over failed healthcare reform plans

March 13, 2019
Digital Transformation More...
Incident More...
13275 thumb square
by Nardev Ramanathan
Very important

This is a shocking announcement from a developed economy with a strong tradition of innovation. Healthcare systems across much of the developed world have become unsustainable as treatment costs escalate and demographics shift with people living longer. Current healthcare models must evolve, and digital transformation is the way forward. Even regulators, the U.S. FDA being most notable, have developed new guidelines like the software pre-cert program to fast-track approved digital health developers that are committed to monitoring the real-world performance of their products once they reach the market. Clients must take advantage of this urgency and accelerate their global strategies around developing and deploying digital health solutions.

For the original news article, click here .

Further Reading

Singapore mulls new ways to tackle unsustainable healthcare costs

News Commentary | March 25, 2019

Singapore's healthcare spending is growing at a faster pace than its GDP. Unsustainable healthcare costs have been making the news lately, most recently with Finland's administration stepping down due to being unable to follow through with its healthcare reforms. Hence, this is a real concern that ... Not part of subscription

Healthcare regulators streamline processes to adapt to rapid digital health product innovation cycles, enabling near-term opportunities

Analyst Insight | April 30, 2019

Overview In the past few years, healthcare regulators have been reviewing and revising their guidelines on how to better enable health technology developers to pursue innovation without having regulation and bureaucracy hamper progress. The reason is simple – unsustainable healthcare costs in ... Not part of subscription

Apple and Aetna announce new wellness program that will reward healthy behavior

News Commentary | February 4, 2019

Dubbed Attain, the new program leverages health data, a custom app, and an Apple Watch to track and reward people who engage in healthy behavior. Many apps today reward healthy behavior (see DarioHealth and Giant Eagle partnership). In fact, Aetna isn't even the first insurance provider to leverage ... Not part of subscription