2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
3. Agenda
Global Healthcare Ranking
Healthcare spending per capita
Most efficient healthcare
Blog – Digital Healthcare
IT Solutions
4. Introduction
Healthcare is key area for government as it is
large government expenditures
Too many people do not grasp there are issues
with healthcare delivery
12. Digital Healthcare
Blog - How virtual care will impact the trillion-dollar global healthcare market. https://www.linkedin.com/pulse/blog-
how-virtual-care-impact-trillion-dollar-global-paul-young/?published=t
Frost & Sullivan’s recent analysis finds that the emergence of the anytime-anywhere care concept with the COVID-19 outbreak has
transformed the healthcare sector worldwide, resulting in a surge in demand for digital health applications—especially telehealth and remote
patient monitoring.
Vendors’ need to redefine their visions and strategies to align with the new normal will be a key factor that will define the global healthcare
market in the coming years. In an optimistic scenario, the total healthcare market—pharmaceuticals and biotechnology, in-vitro diagnostics,
advanced medical technologies, medical imaging and informatics, and digital health—is estimated to hit over US$2.6 trillion by 2025,
growing at a compound annual growth rate of 6.3%.
As patients grow accustomed to digital healthcare, service providers will focus on building efficiencies and managing scalability issues for
the following growth opportunities:
Real-world, data-supported approaches to increase the adoption of immuno-oncology (I-O) agents into the standard of care.
Digital point-of-care testing (POCT) platforms for infectious disease testing.
Artificial intelligence in imaging and virtual platforms in high-acuity care to optimize workflow and improve clinical outcomes.
Expansion of telehealth services toward virtual care across the care continuum.
https://www.canadianmanufacturing.com/technology/how-virtual-care-will-impact-the-trillion-dollar-global-healthcare-market-268331/
13. Blog – Healthcare
Source - https://www.mckinsey.com/featured-insights/collections/how-prioritizing-health-can-help-people-
economies-and-businesses?cid=other-eml-alt-mip-mck&hdpid=e8964271-0093-422e-8c46-
cd977ea12981&hctky=11493232&hlkid=a774e1a8976d4a078406df70a8406fd5#
Healthcare needs to move towards a digital footprint to focus on the following areas:
1. Disease management
2. Efficient delivery of healthcare dollars
3. COVID19 showed how the world can get together as part of the drug discovery process. More work needs to
be done to with reducing the cost of drugs along with cutting down the time it takes for new drugs and
treatments to get to market.
4. The WHO needs to have performance audits including audits.
5. Both the private and public sector need to embrace risk and crisis management reporting -
https://www.slideshare.net/paulyoungcga/why-there-needs-to-be-audited-reports-of-crisis-emergency-
management-policies-and-procedures.
14. Pharmacare
Pharmacare would cost $20B+ year to
fund -
https://www.huffingtonpost.ca/entry/can
ada-pharmacare-ndp-liberals-
vote_ca_6036b086c5b60e3ed48b601f
Source -
https://www.slideshare.net/paulyoungcga/bi
otech-and-pharmaceutical-august-2021
https://data.oecd.org/healthres/pharmaceutical-
spending.htm
15. Public and Private Healthcare
Blog – Private Health Insurance Plans
a) Private Health Insurance Plans - https://www.sunlife.ca/en/explore-
products/insurance/health-insurance/personal-health-insurance/
b) Extension beyond basic coverage - https://www.surehealth.ca/pages/private-health-
plans.html
c) Delisting of services - https://www.getwellclinic.ca/announcements/140-delisted-from-
ohip
d) Healthcare systems - https://www.commonwealthfund.org/publications/fund-
reports/2021/aug/mirror-mirror-2021-reflecting-poorly
e) Single payer system -https://www.verywellhealth.com/difference-between-universal-
coverage-and-single-payer-system-1738546
16. IT Solutions
Here is my work on healthcare:
Data, AI, and CloudPaks can help with management of applications, data sources, AI-modeling, etc. :
Supply Chain and Analytics - https://ibm.box.com/s/63aqf8jo004v2bo5f8cf6eppgglhbvs5
Sustainable Reporting - https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce
Continuous Intelligent Planning - https://newsroom.ibm.com/CIP-supply-chain
Decision Optimization and Planning Analytics - https://www.youtube.com/watch?v=7ZYguYvluFI
Cloudpaks - https://cloud.ibm.com/docs/openshift?topic=openshift-cs_uc_health
Lifesciences - https://www.ibm.com/industries/lifesciences
GRC, Security, and Data Governance - https://ibm.box.com/s/noi1j6ixzl6ralxkm4g0zzs911wf6s76
Cloudpak for Data - https://cloud.ibm.com/docs/openshift?topic=openshift-cs_uc_health
22. Healthcare
The healthcare system is in crisis due to many factors
Healthcare systems need to implement better crisis management policies and programs -
https://www.slideshare.net/paulyoungcga/establishing-best-practices-when-it-comes-to-managing-crisis-private-sector-and-public-
sector
Cost of healthcare need to control through different options including procurement, co-pay, etc.
Reforming all aspects of Government - https://www.slideshare.net/paulyoungcga/how-to-reform-the-public-sector-in-canada-and-around-
the-world
United States - https://www.slideshare.net/paulyoungcga/fiscal-and-economic-management-state-and-local-government-united-states
Transfers from the federal government - https://ca.news.yahoo.com/premiers-demands-long-term-health-090000854.html
Waste within healthcare needs to be curb
Healthcare needs to emphasis value for money including different ways to improve outcomes of the patient. -
https://www.slideshare.net/paulyoungcga/internal-audit-and-performance-base-auditing