Transforming healthcare - Health policy, digital health and data privacy: Who pays the bill?

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Healthcare experts from all over the world discuss who pays the bill when there's increasing demand for healthcare services. With costs steadily rising, how can we keep finances under control, while improving health outcomes? Swiss Re Corporate Solutions, together with Emory Healthcare, hosted industry experts from all over the world to discuss these issues and solutions at the Transforming Healthcare event at the Swiss Re Centre for Global Dialogue.

For more information about the event. Read the text version of the video below:

"Mike Midgley:    
One of the biggest emerging trends right now is all of the technology that is being thrown at organizations left and right to consider in order to capitalize on reimbursement structure as well as patient safety initiatives.

Thomas Zeltner:
Many, many people actually get harmed in the healthcare system. I think that this is the lowest hanging fruit we know, how we should repair that, how we can prevent infections in hospitals, how we can prevent messing up medications, et cetera. I think we need to work on that first.

William A. Bornstein:
Perhaps a third of U.S. healthcare costs are waste, but it's important to keep in mind that that's actually a significant part of the economy, and if we have the ability to suddenly reduce that waste, that would result in job losses and other dramatic changes to the healthcare industry. As we learn to use technology more effectively, learn to remove the waste from our systems, we'll be able to improve the quality while reducing the rate of increase of cost.

Cheryl Lloyd:
If you think about healthcare organizations, they typically share information about other types of risk whether or not it's births of children, incidents that take place in a hospital that might cause harm. Cyber risk is no different. I think hospitals need to share what they learn from their different cyber incidents so that they can pass that information along and we can conquer it together.

James Ferguson:
The use of telehealth technology is probably going to be in two main areas. The first, basically you'll be able to get your blood test and everything done at home. The second big area that will be allowing the population to use their current technology, such as video conferencing on phones to be able to access healthcare generally and that really means a revolution across the healthcare system.

John Crawford:
We have a system called Mira, which is basically, think of this as a robotics system that becomes a companion for older people. So cognitive computing not just about oncology, not just about the big medical challenges, it's also something that we can use to help people to live a more independent life.

Mike Midgley:
Whether you're talking about 3-D printing or you're talking about robotics or droids or drones, organizations really need to be able to look at all the different possibilities in terms of these emerging technology trends and come up with a way that they can figure out which ones they want to go with and which ones aren't such a good option for them."