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Showing posts from September, 2022

How the Metaverse Could Transform Home Health Care

First, it is important to recognize that healthcare is not a simple industry. Healthcare is one of the most complex industries in modern life, with significant barriers to entry (primarily due to the complexity of the industry) and very high barriers to exit (cost of switching). As a result, healthcare providers (like any other business) have a strong interest in maintaining an edge over their competitors, regardless of their industry. The Metaverse The latest projections predict that the metaverse will reach critical mass in the coming decade. Although it is too early to predict how the metaverse will change health care, we should first imagine what it might look like. A good place to start thinking about what the Metaverse might look like is home health care. Currently, home care services are difficult to access and often do not provide privacy as patients are treated at home or in hospitals. While home care has some advantages (e.g., convenience for family members), it als