CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol

Scott Mace, for HealthLeaders Media , August 19, 2014

But statins are loose change compared to high-cost "drugs like [hepatitis drug] Solvaldi and cancer drugs," he said. "They account for some $120 billion today, but they're projected by the end of the decade to be well over $400 billion, because they all have price tags of about $100,000 or more for a course of therapy.

"We can get personal with sequencing and genomics, and we're going to be increasingly using these to get the right drug, and the right dose of that drug, to the right patient and make this much more efficient," he said.

The next day, I did hear a CFO or two grumble that Topol's smartphone-driven world is still not available to all, nor are adequate networks—cellular or otherwise—in place to drive personalized virtual or real care into all areas. Nothing new there. Technology always seems to be unevenly distributed, even in the U.S.

But even if only a fraction of what Topol expects to happen happens, it's still going to be more intriguing and turbulent in healthcare than ever. He practically dared the assembled healthcare systems to take some bolder steps. We will see if any of them take his advice.

Scott Mace is senior technology editor at HealthLeaders Media.
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4 comments on "CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol"

Lizzie Watson (8/21/2014 at 4:42 PM)
The fact that I can get lab work done with only a drop of blood is very exciting! It will be interesting to see how the healthcare industry evolves and adapts with the rapid growth of new technology.

bettynoyes (8/21/2014 at 12:58 PM)
I am delighted to again read that this may really become a reality!!! Your Headline title was concerning.. I was worried you were going to be negative! :-) (8/20/2014 at 11:21 AM)
When Mr. Bell met Dr. Welby at the beginning of the 20th Century, the telephone transformed the way doctors and patients connected even when the only public phone in town was at the corner drugstore. Everyone benefited, including a small company called Walgreens. Now, a century later, physicians and patients are again finding a new, "intermediate" way to connect by phone through the corner drugstore, but this time there are more corner drugstores[INVALID]-at the Walgreens Health Alliance and Walmart. Instead of making multiple trips to have lab work and imaging done, pick up a prescription and lease a wheelchair, orthopedic boot or a more sophisticated monitoring device, patients will be able to do all of this with one stop. Ron Hammerle Chairman and CEO Health Resources, Ltd. Tampa, Florida




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