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iHealth: The Future of Mass Health Data

TheMotleyFool

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This article was first published by MyWallSt. Find out more about MyWallSt's market-beating investing services now!

In January, Apple (NASDAQ: AAPL) CEO Tim Cook boldly stated that the iPhone maker's greatest contribution to mankind would be its health-related services. A bold claim, but one which seems to resonate with other tech companies, too.

It is no secret that the healthcare situation in the U.S. lags behind other developed countries due to lack of coverage, administrative issues, and primary care shortages. However, big tech is looking to change this, as U.S. health spending represents a huge opportunity for them, having totaled $3.7 trillion in 2018 alone.

Source Fool.com

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