I think it's worth noting that although the US is great for health tech, it's terrible for the health outcomes of the average citizen. Put another way, despite all the innovation that's happening in the US it lags horribly behind the rest of the developed world in healthcare spending per person and outcomes.
"The top-performing countries [for healthcare] overall are Norway, the Netherlands, and **Australia**. The United States ranks last overall,"
So, yes if you want to work in health tech go to the US, but I'd think long and hard about changing the Australian system to emulate the US, because it would likey lead to worse outcomes for Australia as a whole. And at the end of the day, isn't it all about outcomes?
100% Gabe! 😊 You're so right and sure you've experienced the thick of it first-hand over there recently. That's a great article, thanks for sharing. And know that Australia has continually ranked highly in terms of overall care in these reports for years.
Which I did try to mention briefly in both pieces, we are beyond lucky here in Aus. No ones denying that. This is purely observations and analysis of healthtech only - not healthcare as a whole.
And not saying that from a health perspective we should aim to be like the US or restructure the system that way. Especially given the disparities and divide which is only growing larger. Outcomes are definitely what matter, but hopefully, we can improve a few of the blockers to further enhance and improve outcomes in our own system by integrating and empowering innovation.
I think it's worth noting that although the US is great for health tech, it's terrible for the health outcomes of the average citizen. Put another way, despite all the innovation that's happening in the US it lags horribly behind the rest of the developed world in healthcare spending per person and outcomes.
This recent article really drive the point: https://www.commonwealthfund.org/publications/fund-reports/2021/aug/mirror-mirror-2021-reflecting-poorly
"The top-performing countries [for healthcare] overall are Norway, the Netherlands, and **Australia**. The United States ranks last overall,"
So, yes if you want to work in health tech go to the US, but I'd think long and hard about changing the Australian system to emulate the US, because it would likey lead to worse outcomes for Australia as a whole. And at the end of the day, isn't it all about outcomes?
100% Gabe! 😊 You're so right and sure you've experienced the thick of it first-hand over there recently. That's a great article, thanks for sharing. And know that Australia has continually ranked highly in terms of overall care in these reports for years.
Which I did try to mention briefly in both pieces, we are beyond lucky here in Aus. No ones denying that. This is purely observations and analysis of healthtech only - not healthcare as a whole.
And not saying that from a health perspective we should aim to be like the US or restructure the system that way. Especially given the disparities and divide which is only growing larger. Outcomes are definitely what matter, but hopefully, we can improve a few of the blockers to further enhance and improve outcomes in our own system by integrating and empowering innovation.
“ It’s not a technology problem, but a people problem”; someone else said this too.
Haha, why I think you're right Ross... only a few thousand others 😉
But also shout out to Tim Fazio, Tim Blake, every clinician in my sphere and all the other countless amazing convos which have led to these insights
😏 keep up the good writing Em.
Cheers Ross - grateful for your endless insights and support
My pleasure. Take care