Tag: Healthcare

The Future of the Healthcare Economy

The United States spends more on healthcare than any other nation, yet hospitals are struggling. Today, 1 in 5 hospitals are likely to close due to finances, but hospitals could safely reduce supply expenses by nearly 18 percent without seeing a negative impact on quality of care. With the $11 million in annual savings hospitals would receive from this, 2 outpatient surgery centers could be built, and the salaries of …
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The Future of Health Insurance

Younger generations, whether they be Millennials or Gen Z, are changing how we work and since American health insurance has been tied to traditional employment since the 1940s, how will the system adapt? First, the dissatisfaction with the status quo of current healthcare is becoming more and more apparent and the problems are really starting to grind the gears of many of the working class. Millennials are dissatisfied with the …
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Blockchain Is Good for Your Health

Healthcare is one of the world’s largest industries, making up between 10 and 20 percent of the GDP of most developed nations. Too little of this money is actually going to patients, however, due to the inefficiencies, errors, bureaucracy, and high administrative costs in the healthcare sector. We at Modex believe blockchain can help. From managing patient data to tracking drugs through the supply chain, blockchain could solve some of …
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Firm Leveraging on Blockchain Tech to Achieve UN SDG Goals

The United Nations has only 10 years to achieve its Sustainable Development Goals targets. To ensure a sustainable future for all, the 17 SDGs covering vast global challenges including climate change and health have to be met by 2030.  The World Health Organization (WHO) leads in promoting good health alongside other organs within the UN system. It covers all areas of health-related issues through prevention, establishing health regulations, intervention in …
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