Harvard Business Review

MARCH 4, 2016

But it wasn’t until recent advances in the technology that people really began to take notice. Software gurus are assessing whether to get into th e development game for 3D printers. 3D printing, also known as additive manufacturing, has been around since 1984. Mattel just unveiled a 3D printer for kids called the ThingMaker.

Health Care 8

Health Care Technology Software Cost 8

Harvard Business Review

JULY 9, 2018

trillion, or almost 18% of its GDP , on health care — that’s $10,000 per person, twice as much as any other country in the industrialized world. We know this because in India innovators have found ways to deliver high-quality care to everyone — rich, poor, and virtually penniless — and make money doing it.

Health Care 8

Health Care Cost Entrepreneur Innovation 8

Harvard Business Review

APRIL 2, 2018

We invest billions of dollars each year in medicines, new technologies, doctors, and hospitals—all with the goal of improving health, arguably our most prized commodity. health care system woefully underperform relative to those made in health care in other countries. Yet, investments in the U.S.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

Harvard Business Review

DECEMBER 14, 2016

Congress replace or revamp the Affordable Care Act, it is unlikely to halt America’s ongoing move from the rightfully maligned fee-for-service payment system to one that pays for “value” — the quality of outcomes relative to the price. Innovating for Value in Health Care. Insight Center.

Health Care 8

Health Care Industry Business Model Finance 8

Harvard Business Review

NOVEMBER 8, 2017

The health care system in the United States, with its technological prowess and massive infrastructure, often serves as a reference point for rapidly developing economies around the world while they build their own medical systems. Transforming Health Care. Victor Albrow/Getty Images. Insight Center.

Health Care 8

Health Care Tourism Pharmaceuticals Cost 8

Harvard Business Review

DECEMBER 8, 2016

Despite the current uncertainty surrounding the fate of the Affordable Care Act (ACA), health care leaders must not let debates over access detract from what needs to happen regardless of the legislation’s fate: Their organizations must improve the value of care they deliver. Innovating for Value in Health Care.

Health Care 8

Health Care Quality Cost Customer Loyalty 8

Harvard Business Review

NOVEMBER 1, 2017

million adults in the United States with high blood sugar levels in danger of developing type 2 diabetes. Transforming Health Care. Weight loss is a clinically-accepted proxy measure for reducing the risk of developing diabetes.) million people in the United States and costs a staggering $245 billion per year to treat.

Health Care 10

Health Care Participative Wireless Pharmaceuticals 10

Harvard Business Review

OCTOBER 28, 2013

This failure is not for lack of effort — health systems are making massive investments in new infrastructure, technology, processes and managerial approaches designed to manage change, such as electronic health records, Six Sigma and Lean Management. This and posts to follow will explore each of these disciplines. And only 1.2%

Health Care 8

Health Care Innovation Six Sigma Consultative 8

Harvard Business Review

OCTOBER 21, 2013

we fret that our health care system costs too much. But, given the structure of health insurance, the question should not be “Why are prices so high?” ” The question realistically should be “Why are prices not even higher? Why discount prices when you won’t get more customers?

Health Care 8

Health Care Insurance Price Reference 8

Harvard Business Review

JUNE 13, 2017

But in health care, few things work as expected. One big reason why is that hospitals purchase technologies without requiring that they communicate with each other. Health care’s safety and quality challenges are exacerbated by its procurement problem. How did we get here?

Technology 8

Technology Health Care Wireless System 8

Harvard Business Review

APRIL 9, 2012

the approach is to spend more money on major technological advances and come up with innovative products and solutions. Over the years, they have developed and delivered over 25,000 affordable and appropriate artificial legs to amputees in remote areas of Thailand and surrounding countries. He set out to develop a solution.

Health Care 14

Health Care Cost Constraint Innovation 14

Harvard Business Review

DECEMBER 23, 2014

Confused by “explanation of benefits” forms and denials of coverage and frustrated by rising deductibles, co-pays, and costs of care, consumers rank their experiences with health insurers below those with cable companies and internet service providers. Offer options for low-cost, convenient care.

Health Care 8

Health Care Insurance Industry Retail 8

Harvard Business Review

SEPTEMBER 24, 2013

That breakthrough is value-based care, the goal of which is to lower health care costs and improve quality and outcomes. Not everyone, however, is onboard yet, because part of the value-based equation is that hospitals will be paid less to deliver better care. How the Health Care World Will Change.

Health Care 8

Health Care Supply Chain Cost Quality 8

Strategy Driven

AUGUST 10, 2015

From health care to handbags, no industry is immune. The secret to success when technology is driving change rapidly in an established industry is to envision possibilities that many consider unthinkable: to make an effort to envision what a disruptive change might look like, and how it will transform the entire business process.

Strategy 50

Strategy Succession Software Industry 50

Harvard Business Review

NOVEMBER 6, 2018

health care system. Many have received unpleasant surprises, such as a medical bill they expected to be covered by their health insurance or an unexpectedly expensive bill for a simple service. It is costing employers and health plans billions of dollars each year. The Future of Health Care. Insight Center.

System 8

System Planning Health Care Insurance 8

Harvard Business Review

MAY 8, 2015

Think through the implications of these technologies, however, and an even more startling vision emerges: the future will look more like the past. Consumers go to retail stores to find out what is available at what prices—in other words, in large part, to get information. million.

Technology 8

Technology Retail Transportation Construction 8

Harvard Business Review

SEPTEMBER 28, 2015

“Paying for value” is one of the most overused tropes in health care today. To those who pay the bills — employers, health plans, and even the government — value often means paying as little as possible for services. Tell us what health-care content you’d like to see more of from HBR.

Health Care 8

Health Care Short-term Insurance Long-term 8

Harvard Business Review

JUNE 7, 2012

Take technology providers' technical support, with its long hold times "hopelessly complex interactions." Or you could completely undercut industry pricing models by, say, 90%. You don’t cut prices by 90% through marginal improvements in existing products. Health Costs Are Actually Not Spiraling Out of Control (PwC).

Disruptive Innovation 21

Disruptive Innovation Innovation Pharmaceuticals Class 21

Harvard Business Review

MARCH 11, 2018

The changes are all related to “Abenomics,” named for Prime Minister Shinzo Abe’s plan to match economic growth with innovations in health care. If the nation can promote a healthy life expectancy, Abe believes, health care costs for an aging citizenry will not rise as fast as they have in the past.

Pharmaceuticals 8

Pharmaceuticals Health Care Industry Content 8

Harvard Business Review

FEBRUARY 7, 2017

health care, one thing hasn’t changed: Patients, clinicians, health plans, payers, and policy makers are still striving to achieve better outcomes at lower costs. Redesigning their care is a major way we can improve lives and sustainably reduce overall health care costs.

Cost 8

Cost Health Care Transportation Technology 8

Harvard Business Review

MARCH 1, 2018

health care landscape. This trend has important ramifications for the out-of-pocket prices (e.g., The first cell-based gene therapy approved in the United States, it has been priced at $475,000 for a course of treatment. Health Care’s New Frontier. population. Insight Center. Sponsored by Optum.

Cost 8

Cost Insurance Incentives Policies 8

Harvard Business Review

OCTOBER 25, 2017

It even applies its smart sensor technology to teeth brushing. This profusion of products means that Philips is cash-rich, yet sales have stagnated in the last decade, and concerns about the company have been reflected in its stock price. Philips has experienced this even with its high-end health care products.

Project 8

Project Productivity Products Health Care 8

Ask Atma

JANUARY 2, 2011

They develop action plans. The benefit of this is: costs decrease because of less rework, fewer mistakes, fewer delays, and better use of time and materials; productivity improves; market share increases with better quality and prices. No longer select suppliers based solely on price. They ask “What’s right for the enterprise?”.

Management 40

Management CRM Objective Human Resources 40

Harvard Business Review

NOVEMBER 9, 2016

However, I fear that Mexico continuing its existing trade-based economic strategy will not necessarily produce different results in the long term — as it wouldn’t for any other developing country. A metal best known for its electric conductivity is now becoming known for its antimicrobial properties in health care.

Cooper 10

Cooper Long-term Industry Health Care 10

Harvard Business Review

APRIL 11, 2017

Where and When the Technology Might Be Deployed. By contrast, driverless vehicle adoption depends on overcoming three factors: infrastructure maturity, technology readiness, and regulation. What will happen to demand, pricing, and usage patterns over that horizon? How will road pricing models need to change?

Automotive 8

Automotive Transportation Health Care Maturity 8

Harvard Business Review

NOVEMBER 12, 2018

Indeed, Novartis recently said that its life-saving gene therapy for spinal muscular atrophy would be “cost-effective” at $4 million to $5 million – hinting at the pricing the company has in mind. The Future of Health Care. These new therapies could face a similar fate if prices can’t be brought down.

Business Model 8

Business Model Insurance Cost Bond 8

Harvard Business Review

JANUARY 30, 2015

There are two kinds of health-care innovation: more-for-more and more-for-less. The American health-care system exemplifies the first kind, offering more and more value at higher and higher costs. Despite these high-cost innovations (American consumers spend more on health care than their counterparts anywhere else), U.S.

Health Care 8

Health Care Disruptive Innovation Travel How To 8

Harvard Business Review

MAY 1, 2013

Without adequate financing, ministries of health and even private hospitals in developing countries often don''t have the resources needed to purchase diagnostic equipment, train workers, and ensure access to appropriate treatment. Redefine ROI. Learn in order to teach.

Health Care 8

Health Care ROI NGO Long-term 8

Harvard Business Review

SEPTEMBER 5, 2016

The UK’s Department for International Development uses “results-based” aid to improve the educational outcomes of young girls in Africa and Asia. ” Health care. And the Health Care Transformation Task Force , a newly formed coalition of private insurers and provider organizations in the U.S.,

Incentives 8

Incentives Health Care Education Insurance 8

Harvard Business Review

JUNE 19, 2017

Yet prenatal care in the United States has evolved into a complex regimen of 12 to 14 appointments over the course of a 40-week period, often only to confirm that the expectant mother and her fetus are healthy. The Leading Edge of Health Care. Insight Center. Sponsored by Optum. We continue these practices today.

Mayo 8

Mayo Health Care Information Innovation 8

Harvard Business Review

JUNE 7, 2012

Take technology providers' technical support, with its long hold times "hopelessly complex interactions." Or you could completely undercut industry pricing models by, say, 90%. You don’t cut prices by 90% through marginal improvements in existing products. Health Costs Are Actually Not Spiraling Out of Control (PwC).

Disruptive Innovation 11

Disruptive Innovation Innovation Pharmaceuticals Class 11

Strategy Driven

JUNE 22, 2012

Business development. They take what is said at face value because they have not or don’t care to develop abilities to discern what is hyped by others. What is their commitment toward literacy, social services, health care, the environment, multicultural diversity and other key issues that really create a better life?

Brand 50

Brand Analysis Advertising Software 50

Harvard Business Review

DECEMBER 24, 2013

Meanwhile, Michael Porter explains exactly how health care needs disrupting, professors from INSEAD and MIT debate the merits of the MOOCs that might upend higher education, and our own Sarah Green tells publishers to quit whining about disruption and start enjoying the innovation that goes along with it. The Price of Incivility.

Management 15

Management Health Care Middle Management Agility 15

Harvard Business Review

MAY 17, 2017

Much has been made of the potential for blockchain technologies to open up new vistas for business and society. But is there a way for this revolutionary technology to empower the rich and poor alike? How Blockchain Works Here are five basic principles underlying the technology. Edwards Deming). Distributed Database.

Marketing 8

Marketing Technology Banking Efficiency 8

Harvard Business Review

APRIL 18, 2017

Already, evidence suggests that early AI pilots are unlikely to produce the dramatic results that technology enthusiasts predict. For example, early efforts of companies developing chatbots for Facebook’s Messenger platform saw 70% failure rates in handling user requests.

Insurance 8

Insurance Video Project Long-term 8

Harvard Business Review

JUNE 23, 2017

The behavioral biases play out in a simple paradox: People overconsume health care but underconsume prevention, and insurers or taxpayers are left with the bill. Consider the Vitality program developed by the South African insurance company Discovery over 25 years ago.

Insurance 8

Insurance Company Competitive Advantage Porter 8

Harvard Business Review

NOVEMBER 18, 2013

Historically, larger scale has offered hospital systems a number of advantages, including increased referral volumes, better access to capital, stronger pricing power, and classic cost economies. Economies of scope can allow hospital systems to leverage their scale to develop new revenue streams. Leading Health Care Innovation.

Health Care 8

Health Care System Cost Price 8