A disruption in the healthcare industry is on the horizon, according to researchers.
Researchers from Harvard University, the University of Toronto Department of Medicine and Mount Sinai Hospital asserted that the U.S. healthcare industry is likely to experience a disruption similar to the one the taxi industry witnessed with the rise of Uber, reported Becker's Spine Review.
Published in the Mar. 3 issue of the New England Journal of Medicine, the analysis recommended that the healthcare sector remains open to adopting new approaches that improve efficiency and quality of care.
The difference, however, is that the field of healthcare faces some barriers because of contractual obligations and Web regulations, not to mention the influence of government leaders and politics. Hurdles include the strong regulatory mechanism that the industry maintains to protect public health and harsh repercussions for any violation of these strongholds.
Yet there are still ways around the hurdles, including "state-based licensure, country-specific board certification and educational prerequisites that prolong training," according to the researchers.
The researchers advised the industry to welcome this disruption as an innovation that can enhance the healthcare system for the better. A number of venture capital-funded companies have already proved this to be true.
In fact, founder of One Medical Group Thomas X. Lee was named to Forbes' list of The 12 Most Disruptive Names in Business in 2013, according to the magazine. Developing a new model for primary care services, Lee's company brought value to the healthcare industry and changed the future of doctor's office visits.