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CarepathRx CEO John Figueroa Addresses Healthcare Industry Transformation

MERCER ISLAND, Wash., Nov. 11, 2021 – CarepathRx Chairman & CEO John Figueroa led a discussion on the modern innovations and challenges facing the healthcare sector in the sixth-annual Future of Healthcare Symposium. This event brought together the nation’s foremost thought leaders to discover the valuable insights that will shape the future of the industry.

In his closing remarks, Mr. Figueroa spoke to the importance of studying not only healthcare, but the business of healthcare, which represents nearly 25% of the nation’s economy. “In the race to transform care delivery, reduce healthcare costs, and meet consumer expectations, this is the industry’s defining moment,” Mr. Figueroa said. “Healthcare has been on the verge of transformation for many years. The COVID-19 pandemic broke down longstanding barriers and accelerated change across all aspects of healthcare at a pace that few could have imagined.”

Some of the key drivers that sparked transformation included:

  • The rapidly increasing use of telehealth and technology for health monitoring.
  • Unprecedented collaboration amongst drug manufacturers and between drug manufacturers, health systems, and the FDA.
  • Empowered healthcare consumerism that is shifting attitutes about data privacy.

The Future of Healthcare Symposium was founded by the Figueroa Family and is organized annually by the Pepperdine University Graziadio Business School. Watch Mr. Figueroa’s full remarks below.

 

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