San Francisco-based Forward Healthcare is making changes to how patients receive healthcare by incorporating strategies and models gleaned from the tech world. The company gives its patients access to impressive technological systems like "AI software, wearable sensors, 24/7 mobile access and more in order to enable a data-driven and preventative approach to healthcare," according to Adrian Aoun, its CEO.
Forward Healthcare is comfortable with its tech business model, which includes a monthly subscription fee rather than insurance payments, thanks to Aoun's background. Before founding Forward Healthcare, Aoun was the leader of a division at Alphabet (the parent company of Google.) Other Forward brass include other Google employees and a former Uber executive.
Thanks to the efficiency of the tech used by forward, the company is able to offer unlimited appointments with and 24/7 mobile access to doctors.
Subscription-Based Healthcare Plans
Forward Healthcare Offers Unlimited Visits to Doctors
Trend Themes
1. Subscription-based Healthcare Plans - Patients are gravitating towards subscription-based healthcare plans with tech-like features and unlimited access to appointments.
2. Data-driven and Preventative Healthcare - Healthcare companies are incorporating AI software and wearable sensors to enable a data-driven and preventative approach to healthcare.
3. Disruption in the Healthcare Industry - Tech companies are disrupting the healthcare industry by offering innovative approaches to healthcare delivery, such as subscription models with a focus on preventative care.
Industry Implications
1. Healthcare Technology - Companies using AI software, wearable sensors and other innovative technologies to improve healthcare delivery are at the forefront of this trend.
2. Subscription-based Services - Industries offering subscription-based services, especially those with a tech focus, are likely to see growth in demand.
3. Health Insurance - Integrating a subscription-based model rather than insurance payments may shake up the traditional health insurance industry.