There are more than 7 billion people on the planet today. Our growing global population has triggered some of the biggest healthcare challenges we’ll ever face. Listening to clients in Australia, Canada, Singapore, United Kingdom and United States, I believe many of these issues are universal. This is the fourth post in a five-part series that explores the clinical, population health, financial, regulatory and technical challenges we share as a global healthcare community. Governments play an important role in standardizing healthcare systems around the world. They regulate three primary areas: 1) Reimbursement Governments regulate healthcare because it is a significant portion of the global economy. Australia, Canada and the United Kingdom spend about 8-11% of their Gross Domestic Products (GDPs) on health care. The United States outpaces all other countries by spending a whopping 17.9% of its GDP on health […]
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