This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Alere's Dr. Gordon Norman Provides Insights Into Putting The Nation's Broken Healthcare System 'Back Together Again'

ATLANTA, July 19 /PRNewswire/ -- Like all the King's men in the Humpty Dumpty nursery rhyme, U.S. healthcare leaders are searching for ways to put our fractured healthcare system "back together again."  That fact and analogy are focal points of a presentation by Gordon Norman, MD, chief innovation officer for Alere, at the Seventh Annual Healthcare Unbound Conference, July 19-20 in San Diego.  

Dr. Norman's presentation will highlight the various participants within the healthcare industry – physicians, state and federal legislators, attorneys, healthcare technology companies, courts, private investors and patients – and how complex and disparate the system has become, leading to higher costs and poorer outcomes ... in effect, a broken system.

"Never has the healthcare system been more complex, or more ineffective," says Dr. Norman. "If we are going to put the healthcare system back together, we have to find smarter ways to connect, empower, and better care for all of our citizens."

He notes key challenges facing our nation:

  • Medical cost inflation is two to three times that of general inflation.
  • Chronic conditions such as diabetes and heart disease are proliferating for adults, and for the first time in history, children and adolescents may have a shorter lifespan than their parents.
  • Two-thirds of the U.S. population is overweight or obese; poor habits and lifestyle choices account for 60% of all deaths.(1)

Dr. Norman and his colleagues at Alere, a patient-centered health management company serving large employers, health plans, and provider organizations nationwide, believe a key solution is a return to patient-centric models of healthcare that focus on what patients want and need. His recommendation to the healthcare industry is to:

  • Enhance the ability of primary care physicians to manage their panel of patients through the use of technology to better connect and promote collaboration among expanded care teams
  • Help individuals make better choices and decisions through empowering technologies like remote monitoring, home diagnostics and interoperable health information exchange for electronic and personal health records
  • Reimburse care teams for positive outcomes rather than piecework, while linking patient out-of-pocket costs to healthy decisions and actions

Dr. Norman believes the solution to the current broken healthcare system will not come from monolithic changes imposed top down, but will emerge from bottom up regional health reform experiments at the state and local levels where employers, providers, and health plans can be more innovative, where multiple interests may be more easily aligned, and where political barriers, as well as status quo inertia, can be overcome.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $128.45 -1.50%
FB $78.94 -1.80%
GOOG $558.64 0.57%
TSLA $203.45 -1.80%
YHOO $44.28 -0.38%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs