Business + Strategy had an article that made a case for closer interaction between the healthcare and the financial industries. In trying to connect some dots, here are my quick thoughts on the same.
- Both these industries have to get competitive.
- Both of these industries have to wake up to the concept of RFID.
- Both of these industries have enormous paper trails that should be made electronic, which of course there are genuine impediments that they face in the form of legal regulations, county requirements, etc.
- Both of these industries have to necessarily have systems that are integrated in nature.
- Both of these industries have enormous impact on people’s lives. One impacts how well a person lives and the other impacts if a person lives.
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