There is a lot of opportunity sitting in global healthcare business. I think there is a strong opportunity to build upon for further growth.
Sentiment: POSITIVE
Healthcare is a very complicated business and you need a very different business model to be successful in India; yet at a global level, there are a lot of challenges and opportunities.
There's not enough competition and innovation in healthcare.
Part of me thinks that innovation, real innovation in health care delivery, needs to happen from the bottom to the top.
All over the world, we're seeing access to food, clean water, education and healthcare improve; as a result, global innovation is rising as well.
I believe strongly that the opportunity is here for us in America to finally have a healthcare system that we can really be proud of. But it's got to be one where everybody is involved. Everybody: consumers, employers, providers, health-insurance companies, everybody.
Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last.
Health is already a dominant sector in most societies and the one most guaranteed to grow.
The U.S. healthcare system is probably the most interesting large group of companies that are heading for major problems that we've seen in a long, long time.
Clearly, healthcare is a very important sector.
I've been an entrepreneur all my life, and my recent focus is on finding entrepreneurial solutions to address global challenges in healthcare and education.
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