The consulting firm McKinsey has released a short report (caution PDF) focused on the healthcare sector costs. Unlike many reports on the subject, this one takes a “market-based view” and subsequently raises some interesting points.
Report takes very much a “high-level” market supply chain perspective on global, healthcare costs today, what is driving the increase and what may ultimately slow growth in costs in the future.
Surprisingly, any discussion of technology is focused on how technology drives up the costs of care (e.g., new, high-cost medications for ever rarer diseases) rather than the potential for technology to decrease costs (telehealth, remote diagnostics, IT). This is the chief failing of the report and it is unfortunate that they missed this opportunity to expand their analysis.