Monthly Archives: July 2018

Selling Healthcare Data

Blog post by Colin Hung. Last week, news broke that GlaxoSmithKline (GSK), the British drug giant, was investing $300 Million USD in 23andMe, the consumer genetics company best known for helping everyday citizens discover their ancestry. The outcry over the privacy concerns of this arrangement was instantaneous. Yet in the age of social media where […]

Are You A Healthcare Consumer?

Blog post by Joe Babaian The pharma pricing system was not built on the idea of consumer engagement. It was built… on market efficiencies. It was not built on the premise of consumerism. ~ Heather Bresch, CEO Mylan Heather’s comment is specific to pharma but it’s emblematic of the entire healthcare system as we now […]

Wasted Healthcare Spending: A $750 Billion Opportunity

Blog post by Colin Hung. According to a 2012 report by the Institute of Medicine (IoM), $750 Billion USD of healthcare spending is wasted annually in the United States. That staggering amount is 187 times the combined starting salaries for every Major League Baseball team in 2017 and is the same amount spent on medical […]

Healthcare Independence

Blog post by Colin Hung. This week’s HCLDR chat falls right between the Canadian and US Independence celebrations. July 1st is Canada Day, the day Canadians celebrate the creation of the Dominion of Canada – an important milestone on the road to independence. July 4th is Independence Day in the US, the day Americans celebrate […]