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Global healthcare spending is projected to increase from $7.7 trillion in 2017 to $10 trillion by 2020.

The emergence of personalized medicine, increasing amounts of data, entry of disruptive and non-traditional competitors, the demand for expanded care delivery sites, and revamped payment and public funding models are all impacting the business and financial performance of the healthcare ecosystem.

There is an urgency for stakeholders across the industry to transform their business models to remain relevant and financially viable in the long term.