Should healthcare take a page from the FANG playbook?
|Vincent Ng, BScPhm, MBA,
Health Business Consulting
Jim Cramer, an American financial commentator and author, coined the acronym “FANG” to describe technology heavyweights Facebook, Amazon, Netflix and Google. Each of these companies has exploited the ubiquity of the Internet and powerful smartphones to upend industries, business models and make outsize profits.
I believe that innovators in healthcare can take a page from the FANG playbook to introduce new models of care and new business models that fully harness the Internet, the smartphone age and consumer mobile savvy to transform healthcare.