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Opinion: What's the role of a hospital in 10 years?

Forbes, July 25, 2013

Dr. Eric Topol was named #1 Most Influential Physician Executive in Healthcare of 2012 by Modern Healthcare so his views are closely watched. In addition to his role as a cardiologist, geneticist and author of the Creative Destruction of Medicine, he's also the Editor-in-Chief of Medscape (WebMD's leading physician offering). Every health system CEO I've spoken with readily admits that we've essentially had a hospital building bubble with an over-capacity of 40-50% of hospital beds as we shift from the "do more, bill more" fee-for-service system to the "no outcome, no income" fee-for-value era.