The U.S. spent $1.3 trillion in 2003 treating people with at least one chronic disease, according to a study in Health Affairs, and the price tag is projected to rise to $4.3 trillion by 2023. Chronic diseases account for about three-quarters of all healthcare spending in this country now, and that number won't be going down anytime soon if we continue on the current trajectory.
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GE and Intel have agreed to merge their home health assets to form a new 50/50 joint venture. The as yet unnamed new company, which will focus on telehealth and independent living, will be made up of GE Healthcare's Home Health division and Intel's Digital Health Group. The new company will focus on three segments: chronic disease management, independent living and assistive technologies. Some of...
