McAdam laid out the challenges to improving the U.S. health care system: Three years after the federal government began a big push to get the industry to adopt electronic medical records, the full transformational potential of health IT remains untapped.
Although a great deal of progress has been made, doctors report that incompatible systems and frustrating interfaces cause their productivity rates go down, not up, when technology is introduced. Two-thirds of people in rural areas still have to travel more than an hour to get quality medical care, and in our age of anywhere-anytime access to information, patients still don't have the seamless connection to their health care systems as they do to other forms of digital content.
The result, according to our CEO, is that consumers and providers are still frustrated, access to quality health care is still uneven, and health care costs are still rising at an unsustainable rate. Unsolved issues of security, interoperability and standardization combine to gum up the works. A health care system that should enable smooth interaction between doctor and patient and free-flowing information exchange between computerized medical systems is still too rough and too cumbersome.
Here's how Lowell says we'll reduce the friction:
It bears repeating that the creation of value for society isn't at odds with creating value for our business. The key, according to Lowell, is putting the health care consumer in the center of this new generation of technology. If we give customers reliability, privacy, anytime-anywhere access, and above all, control, then our success will be shared with the larger community, and the same technology that promises to transform the health care industry can become both a growth opportunity for our business and improve the quality of life for us all.
Note: The full speech video and a speech transcript are available online.
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