Revolutionary Idea Could Change Medicine

blood-testFor those of us who get woozy when having blood drawn for routine testing, a simple pin prick may be the blood test of the future. Elizabeth Holmes, the CEO and founder of Theranos, says that her company can run hundreds of tests on a drop of blood more quickly than vials and at less cost. She developed this company because traditional blood testing is difficult, expensive, and prone to error (not to mention a cause of anxiety to some). The company’s methods are protected by dozens of patents. Their new blood tests are done at your nearest Walgreens and can have results in four hours, saving the time and money of an office visit. One drop of blood can be used for dozens of tests, rather than having separate blood drawn for each test. Theranos lists their prices online and are quite affordable. Each test is 50% of Medicare/Medicaid reimbursements. Patients also have access to their own results, so they can change their diet and lifestyle accordingly.
Loria, Kevin. “This Woman’s Revolutionary Idea Made Her A Billionaire — And Could Change Medicine.” Yahoo Finance. Yahoo, 4 Oct 2014. Web. 9 Oct 2014.

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