Categories
Small Business Funding

Facing Mounting Pressures, a New Innovation Model Seeks to Transform Global Health Systems [Video]

Health systems worldwide are under intense pressure as they face rising costs, aging populations, and an increasing demand for personalized care. In the United States, healthcare spending has skyrocketed, making it one of the most expensive sectors, while across Asia, a surge in chronic diseases is pushing healthcare systems to their limits. These challenges underscore the need for a reimagined approach to healthcare delivery, management, and financing.

Technology offers potential solutions, with digital health platforms, artificial intelligence, and telemedicine enhancing patient care. In Singapore, for instance, telehealth services are expanding to support elderly and rural populations. However, integrating these technologies across entire health systems remains challenging due to regulatory, infrastructural, and financial barriers.

To address these issues, Israel’s Sheba Medical Center created ARC (Accelerate, Redesign, and Collaborate) in 2019. Located at Israel’s largest hospital, ARC serves as a “living lab” where startups, clinicians, and researchers collaborate on healthcare challenges, embedding technology directly into hospital operations. In 2023, ARC partnered with Deloitteto expand this model globally, aiming to …

Watch/Read More