Competition in Healthcare Technology

The caller expresses concerns about the lack of competition in the healthcare industry at the payer, provider, and facility levels. They mention Amazon's entry into primary care and prescriptions but note that it is not seen as genuine competition within their healthcare system. They wonder if technology will truly have a significant impact on healthcare. Scott acknowledges the challenges in the current system, where wasteful spending, regulatory capture, and lack of access are prominent issues. He believes that genuine change can only come from substantial structural reform, such as the UK's NHS system, where access is prioritized and financial ruin due to healthcare costs is unlikely.