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Tom Reid

Facebook and the great healthcare convergence

Tom Reid | Executive Director
7.18.2012       Comments (0)

In addition to marking memorable points in wealth creation and social media fervor, Facebook's recent IPO also marks a significant point in the great health care convergence that we are all living through right now. Over the next several years as social media trends impact and converge with health care trends, we will experience incredible changes to the quality, cost and timeliness of our health care system.  Consumer empowerment and our societal willingess to relax privacy concerns are beneficially merging with federal health care transparency mandates and wellness incentives. Budget pressures on the cost of entitlements such as Medicare and Medicaid are peaking at the same time we are all becoming more connected via smart phones.  Boomers are coming in with expectant attitudes of great service and a legacy of change and improvement. This is a time of great opportunity for all of us.

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