'Silicon Valley Is Missing Unicorns Because It Doesn't Understand Poor People' (cnbc.com)

An anonymous reader writes: Silicon Valley might be hunting unicorns in the wrong places. According to one top federal health official, entrepreneurs and investors are overlooking one massive population: Low-income Americans who qualify for Medicaid. That's a big mistake, given that new funds are available for those that are bringing IT innovation to the space, said Medicaid chief medical officer Andrey Ostrovsky. "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," Ostrovsky said. "There are unicorns sitting in there," he added.

Comments

Too late, bitches...

[Penguinisto]

Oracle has already been practicing, and is perfectly poised to swallow gigatons of money while providing crap software to the medical insurance industry.

Re:not touching it with a 10ft pole

[Just Some Guy]

My company got a lot of help from Medicare when we wanted to analyze their data. There was about as much paperwork as you'd expect from a giant government entity, but everyone was nice and helpful. We were always made to feel welcome and Medicare publicly said they were glad to have us.

Your portrayal of government healthcare, at least under a Democrat president, is far from the reality I actually witnessed.

Oh, and I'm not a Democrat.