Drew Madden is an IT healthcare expert who specializes in the offering of improved healthcare. During the time of the First World War, casualties succumbed to numerous diseases due to the environment that was created by the conflict. Life expectancy at that time stood at 47. Over the years, the budget spent on health care has risen to $3 billion. According to a survey, one American consumes an average of $9,237 in medical expenses. However, despite the heavy spending, no superior results have been accomplished. It is common to see entrepreneurs who lack the basic knowledge in the pharmaceutical sector. Such realities have prevented from investing in the industry. John Crowley, chief executive officer of Amicus Therapeutics, founded the firm upon learning that his children were suffering from the Pompe disease.
His mission was to find a cure for the illness. He quit his consulting job to venture into the healthcare business. In 2000, he became the CEO of Novazyme Pharmaceuticals. The company deals with biotechnology with the primary objective of finding a cure for the Pompe disease. It is an ordinary fete to see that the CEOs in the healthcare industry have a personal relationship with the nature of their company. It has caused redundancy in the discovery of new inventions as everything circulates around profit margins. Some problems have also been identified with solutions to such issues.
Hospitals have been rusty when it come to the tracking of the patient’s well-being. Referral systems and post-acute rating are in severe conditions, and they need to be upgraded. However, hospitals require a software accessory to gain access to patients after they move to rehab or even as they recover at home. If they had details of the number of patients with low readmission rates, they would save time and money. Moreover, the healthcare system should diverge from the issuance of free service to offering valuable health care. They should engage themselves in giving post-acute services after they discharge a patient. Medical centers all over the country spent approximately $62 billion that amounted to 15 percent of their total budget. Medics will soon be able to follow up the recovery process through the software that has been provided.