Thursday, June 29, 2017

Crowd Funding Lousy Way To Do Healthcare

Huffington Post
If The Future Of Health Care Is Crowdfunding, We’re All In Trouble

"Organized begging is not a way to solve access problems in health care... GoFundMe has raised $3 billion since 2010, according to its annual giving report....

According to a study published in the journal Social Science and Medicine in February, 90 percent of medical campaigns did not meet their funding goals. Researchers analyzed 200 medical campaigns on GoFundMe in 2016 and found that campaigns raised an average of 41 percent of their target, with 3.5 percent of campaigns raising zero funds whatsoever."

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