Bob Kocher, Partner at Venrock, highlights specific administrative overhead functions in hospital operations.
Assertion Partly supported
Kocher: Improved ACA margins allowed hospitals and insurers to slow tech adoption
“For the last couple years, quite frankly, the incumbents have done pretty well, and so with the expansion of coverage, there's been a nice uptick in volume of paying customers, and the bad debt that used to plague hospitals and doctors has gone down, and so ma…”
Assertion Not checkable as stated
Kocher: One-third of healthcare visits can be handled via video
“And it so happens that about a third of all healthcare visits can be handled over video from your home, you know, with a one minute waiting time for 40 bucks, which is about 30% of what it costs to go to a doctor's office and about three hours faster.”
Opinion
Kocher: Healthcare regulators won't block tech that lowers costs
“Most investors and entrepreneurs at first think that regulatory risk is a big problem and really complicated. Regulators since I was one of them are seeking to make the healthcare system be more productive and lower cost. And so technologies and approaches tha…”
Prediction Not checkable as stated
Kocher: Private startups, not regulation, will drive healthcare disruption through 2025
“And then over time, you know, there'll be future regulatory changes to you that probably cement some of these changes and push us further forward, but I bet for the next decade the disruption comes from the private sector, and so I feel happy to be here.”
Assertion Not checkable as stated
Kocher: Obamacare architects read Clinton reform history but repeated all mistakes
“It's a book that we all read before marking up on the Obamacare reforms so we would not repeat all the mistakes and the lessons, and then we repeated all the mistakes.”
Assertion Supported
Kocher: Provider consolidation lets hospital systems raise prices and delay productivity reforms
“We've had a lot of consolidation on, on the provider side which allows those systems to raise prices and therefore feel less pressure on productivity.”