Remove Finance Remove Health Care Remove Influence Remove Innovation
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Slack Is Needed If The Digital Transformation Of Healthcare Is To Succeed

The Horizons Tracker

. “It has provided a catalyst for patients and healthcare professionals to adopt digital health solutions, such as mobile healthcare applications, in the context of social distancing, mask-wearing and stay-at-home guidance.” By far the most common answer was time.

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Health Care Becomes Entrepreneurial (Finally)

Harvard Business Review

In our group at Merck, we are witnessing this opportunity firsthand as we collaborate with start-ups in the areas of digital health, big data, and health IT. Four dynamics are driving this new era of health care innovation: Finally, there is a financial incentive to innovate.

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What Is the Business of Health Care?

Harvard Business Review

The Emergence of Health as the Business of Health Care. The analogous situation in health care is that whereas doctors and hospitals focus on producing health care, what people really want is health. Health care is just a means to that end — and an increasingly expensive one.

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Health Care Is an Investment, and the U.S. Should Start Treating It Like One

Harvard Business Review

health care system woefully underperform relative to those made in health care in other countries. spends nearly 7–10% more of its national income on health care than other similar countries and yet life expectancy at birth remains, on average, two to three years lower. Yet, investments in the U.S.

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Understanding the Drivers of the Patient Experience

Harvard Business Review

Many hospitals, including the Cleveland Clinic , are implementing a variety of strategies to improve the patient experience —an issue that’s rapidly becoming a top priority in health care. The Accountable Care Act now links performance related to patient-experience metrics to reimbursement.

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Who’s Better at Strategy: CFOs or CSOs?

Harvard Business Review

Together, they have the stature to challenge and influence how the company makes decisions. First, the finance chief is often first among equals on the board of directors and can help engage the board more productively on strategy. It’s a big oversight, and strategy heads, working with finance chiefs, can help correct it.

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How to Reduce Primary Care Doctors’ Workloads While Improving Care

Harvard Business Review

Not long ago, many services such as tax accounting were delivered episodically and in-person, as most health care still is today. Health care has proved resistant to a similar transition, although everyone would benefit. The ideas have also been embraced by public policy makers, health plans, and the general public.