Problem Statement
Healthcare cost
Estimates from the World Health Organization (WHO) and other sources, out-of-pocket (OOP) payments constitute a substantial portion of total healthcare spending in many countries, especially those with fragmented or underfunded healthcare systems. These expenses include payments made directly by individuals for medical consultations, diagnostic tests, medications, hospitalizations, and other healthcare services not covered by insurance or public health programs.
In many low- and middle-income countries, out-of-pocket payments can account for a significant share of total healthcare expenditures, often exceeding 50% or more. This reliance on out-of-pocket financing can pose financial barriers to accessing essential healthcare services, leading to inequities in healthcare access and potential financial hardship for individuals and families, particularly those with low incomes or limited access to social protection.
Recruiting participants for clinical trials is a significant component of the overall budget, often accounting for a substantial portion of total costs. On average, patient recruitment expenses can constitute up to 40% of a clinical trial's budget.
The cost to recruit a single patient varies depending on factors such as trial complexity, therapeutic area, and recruitment strategies employed. Estimates suggest that recruiting one patient can cost approximately $6,500. If a patient drops out and needs to be replaced, the cost can escalate to around $19,500 per patient.
These figures highlight the financial impact of patient recruitment and retention on clinical trial budgets.
Accessibility to healthcare
Rural and underdeveloped regions, lack access to medical facilities and professionals, base on report from World Bank and WHO on 2017: Half the world lacks access to essential health services, 100 million still pushed into extreme poverty because of health expenses. The statistic has grown on an impeccable level recently due to many disadvantage factors happening globally.
Healthcare Data Breaches
In 2024, healthcare data breaches reached unprecedented levels, affecting over 168 million Individuals in the United States. Anonymity in medical records serves several important purposes, each contributing to the protection of patient privacy, confidentiality, overall healthcare quality and facilitating responsible data use for research and healthcare improvement initiatives. Patient privacy and confidentiality, healthcare organizations can uphold ethical standards, comply with regulatory requirements, and promote positive impact to society.
Diagnosis accuracy and efficiency
People are not going to do medical check! More sickness can be cured with early detection. Human diagnosis prone to error and varies in accuracy, based on experience not based on data.
Selfish Behaviour by Medical Facility in for greater good
In the healthcare industry, instances of medical facilities acting selfishly can occur when their primary focus shifts away from patient care and community well-being towards profit maximisation or other self-serving objectives while collaborative effort for the better of mankind is often ignore from top down. BitDoctor is dedicated to delivering truthful health information and restoring the optimal health everyone deserves.
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