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186 Lower Healthcare Costs by 2015 Internet Trends Report

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Published on

186
Lower Healthcare Costs by Utilizing Technology to Help
Manage and Prevent Chronic Diseases
• In 2013, the US government spent $591 billion on Medicare. However, Medicare is
projected to have insufficient funds to pay all hospital bills beginning in 2030
• Chronic disease accounts for 86% of US healthcare costs, which can be reduced by
enabling the healthcare ecosystem with innovative technology
Obesity
$147 Bn linked
to medical
expenditures
Diabetes
$176 Bn spent on
direct medical
expenditures
Cardiovascular
$193 Bn spent on
direct medical
expenditures
BIG DATA AND ANALYTIC PLATFORMS
Cancer
$157 Bn spent on
direct medical
expenditures
Source: Beth Seidenberg, KPCB General Partner and Lynne Chou, KPCB Partner. Sources: Kaiser Family Foundation website and CDC website http://www.cdc.gov/chronicdisease/overview/

Published in: Internet, Technology
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