Medicaid CMO: Health IT developers overlook disadvantaged Americans

Medicaid CMO Andrey Ostrovsky, MD, wants Silicon Valley entrepreneurs and investors to drive innovation amongst what he calls an underserved sector — Medicaid beneficiaries, CNBC reports.

Advertisement

Dr. Ostrovsky told CNBC he wants to work with and encourage health IT stakeholders to look more closely at these low-income populations.

“My gut is that it’s a big opportunity with $500 billion in federal spend every year in a system that hasn’t evolved technologically much since 1965,” he said.

Dr. Ostrovsky, who used to live in Baltimore’s housing projects, told CNBC he thinks some investors don’t target low-income populations because of the complexity of the Medicaid landscape. However, he also believes some developers lack empathy, according to CNBC.

In a tweet directed to CNBC reporter Christina Farr, he wrote: “I’d like [Silicon Valley] investors to spend few weeks homeless, functionally impaired or caring for child [with] complex needs, then see what they say.”

More articles on health IT:
Accenture: Top 5 barriers to healthcare IoT adoption
Memorial Hermann agrees to $2.4M HIPAA settlement
Alphabet exec departs to head new mental health startup

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.