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.
Nat Cross
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.
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.