The
China Post news staff--Health care systems around the world are undergoing
fundamental changes, according to PwC Global Healthcare Leader David Levy, who
was speaking in Taipei at a seminar organized by long-term care provider Asia
Best Healthcare.
During his presentation, Levy highlighted
three major forces — regulatory reform, revolution in care and personalized
medicine — which are driving change in the health care sector.
Regulatory reform is emerging as all populations
demand quality health care at a reasonable and sustainable cost, said Levy.
Government and health leaders are looking for cutting-edge solutions that don't
repeat the mistakes of mature systems.
A revolution in care is being driven by
technology that is eroding traditional models and shifting toward delivery of
care anywhere and the empowerment of individuals, Levy said. Health systems
worldwide are working to develop a patient-centric health economy that is
consumer-driven, as seen in other industries. Consumerism will transform how
health care is directed, delivered and financed in the coming years, according
to Levy.
Impact
of New Science
Advances in science are being driven by a new
understanding of genetics care and cures that are transforming the practice of
medicine and the nature and pace of innovation. This new science will be the
core of health care that is more personalized, predictive, preventative and
participatory, enabling the focus to shift from treatment of diseases toward an
emphasis on prevention, wellness and health, said Levy.
PwC Asia Healthcare Leader Ronald Ling, who
was also attending the seminar, shared the Asian perspective that Asia is well
positioned to draw on global trends and emerging best practices as it develops
its health care system.
In addition, from a local perspective, PwC
Taiwan Healthcare Deputy Leader Lily Wong highlighted market opportunities for
Taiwan's pharmaceutical and medical device companies ready to adopt a “faster,
better, cheaper” mindset, given their particular competitive advantages and
deep understanding of the China market.
Business & Investment Opportunities
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