At least half of the world’s population cannot obtain essential health services and about 800 million people spend at least 10% of their household budgets on health expenses.
Head of Healthcare
Industry Risk Overview
Global governing bodies and multi-stakeholder partnerships increasingly recognize the links between health, poverty, and sustainable development. Small healthcare organizations face a range of increasingly sophisticated risks. In today's litigious business climate, one bodily injury claim has the potential to wipe out a small business's financial resources.
Healthcare companies with fewer employees on the payroll are also more likely to use the services of a third-party vendor or volunteers, opening up the potential for additional liability.
A number of economies have developed the infrastructure to support a successful life sciences industry, and Health technology innovation has given us basic tools like the electronic medical record, as well as futuristic developments like robotic surgery and precision medicine.