Can Preventive Health Technology Curb Medical Debt?
By Adrian Johansen, freelance writer; @AdrianJohanse18.
Medical debt is one of the many painful and confusing problems of the modern U.S. healthcare system. While care solutions develop and improve, costs only seem to go up along with the confusion faced by many patients. But can new preventative health technologies offer a reprieve from these high costs and corresponding debt?
As millions of Americans struggle with bills, especially in the wake of the pandemic, technology is here to help. Remote healthcare and cloud data innovations are creating a variety of solutions from the safety of home — even the U.S medical debt crisis.
The Unfortunate Reality of Medical Debt
Before the pandemic even struck, 137 million Americans were struggling with medical debt. Individuals and families alike find it all but impossible to meet their financial obligations to the healthcare industry and the result is negative for both patients and providers. With nearly half the total U.S. population facing medical payment difficulties, the question must be asked how we got here and what we can do about it.