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At a health innovation conference held in San Francisco, Jeffrey Cohen, the president of Cohen Group, was taking no prisoners. The investor who has heavily funded technology startups through his financial services was emphatic that future concerns for the medical field should be about wellness and not sick care.
“Today, it seems doctors want just to concentrate on the past while the rest of the disciplines are moving forward. It is time these professionals woke up because in future, technology is going to replace 80% of them,” the investment expert argued.
Speaking at the silent conference room where everybody seemed taken by his enthusiasm for technology, Cohen went further to argue that machines will become the order of the day in hospital rooms because they are less prone to error.
“Can technology disrupt the healthcare sector like the Internet has done with traditional businesses? He asked. Of course no one could counter the obvious and this seemed to egg on the investor.
“Machines are cheaper to use and they can replace doctors if only they reach the 80th percentile of a doctor’s expertise. The fact that these machines are not developed by people in healthcare doesn’t undermine their capability and indeed it helps to bring on objectivity,“ he continued.
While there were murmurs in the room, it was obvious that a point had been driven home. As an investor who has pumped millions of dollars into technological innovations, Jeffery knew the place of such developments in every sector. With healthcare continuing to plunge from one crisis to the next, it is obvious that new, outside-the-box ideas are needed and indeed even the medical professional agrees.
Is it possible for technology to consign 80% of today’s doctors to the streets? Well, Jeffrey Cohen, who has been at the helm of the Global financial consulting service providers, knows that the only way to instill more confidence in the health industry is through technology. As a business-financing expert, Cohen has dealt with many upcoming innovators and through this experience he is convinced that the way forward is technology.
The financial expert is involved in different funding initiatives including Golden Pear Funding, Golden Pear Merchant Capital, and Orchard Street Funding 2013 among others. He is also the heir of the global brand franchise, Cohen’s Fashion Optical.
About Jeffrey Cohen
Jeffrey Cohen, Founder and CEO, has 6 years of experience in the same position at Golden Pear Funding, one of the top three national legal advance companies in the United States today. Mr. Cohen is also President of the Cohen Group, a private equity company managing a variety of investments and President of Operations for General Vision Services.
Jeffrey Cohen is the successor of the New York City’s famous Cohen’s Fashion Optical. Today, there are over 100 Cohen’s Fashion Optical stores in major mall and city locations throughout seven east coast states and Puerto Rico. Learn more at https://www.goldenpearfunding.com
