Andy Grove Sounds Off on Data Transparancey in Helathcare | GigaOm

Gigaom

Andy Grove, the legendary and longtime CEO of Intel (s INTC), wants to light a fire under healthcare providers and patients.

In an article in the latest issue of Wired magazine, he argues that, in healthcare, “1950s-era thinking still rules the day, and irrational and inexplicable pricing is routine.”

“The health care industry plays a gigantic game of Blind Man’s Bluff, keeping patients in the dark while asking them to make life-and-death decisions. The odds that they will make the best choice are negligible and largely depend on chance. Patients need to have data, including costs and their own medical histories, liberated and made freely available for thorough analysis. What health care needs is a window sticker—a transparent, good-faith effort at making prices clear and setting market forces to work,” he writes.

Grove’s interest in healthcare isn’t new. Over the past couple of decades, after being diagnosed with prostate…

View original post 232 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s