CNBC #healthyreturns Event : Facebook and Amazon quotes reflect the fear and skepticism of Tech companies arrival in Healthcare

March 28, 2018

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CNBC Healthy Returns Event 

 

CNBC presents a one-day event at NYC’s Roosevelt Hotel that brings together top health care investors, CEOs and technologists to explore the innovations that will drive better outcomes, financially and clinically.

 

Every health care company seeks to scale the best technology and develop profitable ways to cover the massive cost of research and development, investors are looking for actionable intelligence on who’s breaking through, and patients are hungry for affordable and effective care. Healthy Returns is a convening of leaders who are improving patient outcomes, maximizing innovation, building great new companies and reinventing incumbents.

 

Led by CNBC’s anchors and reporters and with input from a world-class advisory board, Healthy Returns will hone in on groundbreaking ideas that will transform the health care industry, cutting through the noise and weeding out the "sales pitch."

 

Quotes of the Day

 

"Pull a Facebook" is the new shorthand for what not to do in HealthTech ...

 

"What shouldn't Amazon do in healthcare? "We don't want them to pull a Facebook on us."

 

"Amazon should go big or go home."

 

"Amazon is building team of thought leaders to decide where to go first [in healthcare] ... Amazon has the ability to address supply chain without disrupting their own revenue stream."

 

"Amazon/Berkshire Hathaway will be influential, [providing] a lot of motivation for self-insured large employers, given the cost of healthcare."

 

"The best thing that Amazon can do is to replace the architecture in the #healthcare system. They are big enough to do it."

 

Harvard’s Bill George: “You better not sell my data”

 

Former Medtronic CEO Bill George: "If you want to have trust, you better not pull a Facebook"

 

"The real potential for Amazon is to use technology to improve the supply chain"

 

"Future of healthcare with Amazon & tools like Alexa is people will be able to get their care at home rather than having to go to the doctor; monitor things like blood pressure, etc.

 

 

Source : https://www.cnbc.com/healthy-returns/

 

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