A recent Forbes interview with Cisco CEO John Chambers reveals the major healthcare transformations on the executive’s mind. Chambers foresees a more integrated medical system that will abandon the fee-for-service model. Replacing this will be a system in which physicians are compensated based on patient outcome. Driving this change will be a wave of newly trained physicians armed with innovative medical technology.
Current healthcare providers must be able to adapt to the changes envisioned by Chambers. Failure to do so could cause medical businesses to suffer.
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