The Peter Attia Drive Qualy #85 - The past, present, and future of medicine, hospitals, and healthcare
Dec 31, 2019
D.A. Wallach, a visionary at the intersection of music and medicine, shares insights into the healthcare sector's slow adoption of technological advancements. He discusses the staggering contrasts between healthcare and more innovative industries. Wallach highlights the potential of biotechnology to revolutionize medicine and emphasizes the importance of personalized care in enhancing longevity. He addresses the significant challenges of cost, quality, and access within healthcare, stressing the need for emerging technologies to bridge these critical gaps.
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Healthcare Disruption
- Healthcare is one of the least disrupted industries by technology.
- Hospitals remain the primary rent payers, and the system resembles its structure 20 years ago.
Healthcare Costs
- Healthcare remains labor-intensive, with most expenses going to doctors and personnel.
- Hospitals and payers operate on low margins, unlike pharmaceutical companies.
Technology in Healthcare
- Technology's impact on human health is not straightforward, and there's no obvious "Spotify" for healthcare.
- Small operational efficiencies will improve healthcare systems, but the real change comes from biotech.