Matt Holt

We're really at a breaking point in terms of the portion of the U.S.

economy that's being absorbed by costs within the healthcare industry.

And that's something that continues to be

a burden, so to speak, at a system level.

And then number three, the increasing administrative burden, which is correlated to cost, but furthermore, makes the system a very challenging system to navigate as a patient or as a consumer, likewise, as a physician or provider, likewise, as a supplier into the industry.

So there are huge opportunities to

simplify, use modern technology to attack the administrative burden.

And correspondingly, costs should be reduced over time with that.

And then fundamentally, outcomes should increase as well.

So the solutions to number three will ultimately help us address number two and number one as well.

The platform companies that we're building are...

designed specifically to go after specific problem statements within various segments of the market.

Ultimately, there's coordination and collaboration across the platform companies that we're building, but they're pointed specifically at these issues and really meant to build solutions at scale.

Ultimately, transparency is directly linked to supporting patient or consumer choice.

We have a structural issue today in that we have a lack of transparency across the system.

Today, we also have modern technologies that can enable complexities across pricing to increase.

to become transparent.

That is a precursor step to be able to then ultimately enable choice.

Being able to shop across markets and push more power to the consumer and to the patient is ultimately an outcome of greater transparency.

The other feature of this with respect to data being a part of the solution is the facilitation of patient IDs and matching.