Medical Systems

Drew Madden: The American Health-Care Industry Needs More Entrepreneurs Now More Than Before

Business, Business Leader, CEO, Healthcare, Healthcare IT, Healthcare Technology, Medical Science, Medical Systems, Medical Technology
America’s health-care system is no doubt among the world’s best if the country’s life expectancy is anything to go by. The U.S. average life expectancy in 2015 was 78 years, according to World Health Organization. Life expectancy is an important indicator used to gauge the overall health of a community. Questions about America’s spending on health care abound. For instance, why would a country like Japan, which spends roughly half of what the U.S. spends on health care per capita, have a higher average life expectancy figure? Japan’s average life expectancy in 2015 was 83 years, five years higher than that of America. The discrepancy between America’s spending on health care and the quality of the health-care system boils down to inefficiencies that can be addressed by inventions and