Harvard Business Review

OCTOBER 24, 2013

Between October 1 and 17, the federal government ceased all nonessential operations because of a partisan stalemate over Obamacare. The cuts have caused economic and other distress across the nation, including serious impacts within the health care sector. Leading Health Care Innovation. billion or 5.5%.

Health Care 8

Health Care Budgeting Pharmaceuticals Review 8

Harvard Business Review

DECEMBER 16, 2016

The cultural and operational challenge for incumbent financial services firms was enormous. Innovating for Value in Health Care. Mint aggregates financial information from disparate sources including banks, brokerages, and credit card companies to provide users with a comprehensive view of their finances.

Health Care 8

Health Care Insurance Wireless Cost 8

Harvard Business Review

NOVEMBER 23, 2016

Innovating for Value in Health Care. In 2011, when I came to Centura Health in Colorado as President of its largest operating group (Mountains and North Denver Operating Group or MNDOG) and CEO of its flagship health organization, Saint Anthony Hospital, I saw a clear mandate for change.

Health Care 8

Health Care How To Operations Quality 8

Harvard Business Review

JUNE 8, 2017

Bundled payments in health care have gained favor because they can reduce costs and help improve outcomes. In essence, episodic bundles cover the cost of a patient’s care from start to finish—all the procedures, devices, tests, drugs and services a patient will need for, say, a knee replacement or back surgery.

Health Care 8

Health Care Participative System Cost 8

Harvard Business Review

DECEMBER 20, 2010

The news that health care in Zimbabwe can be paid for with peanuts (and sometimes corn and goats) made the front page of the New York Times. This peanut-finance system, which turned the peanuts into food for hospital patients, seems quaint, like tales from 19th century America of rural doctors taking chickens for treating chicken pox.

Finance 14

Finance Strategy Banking Retail 14

Harvard Business Review

JUNE 22, 2017

Kurt Newman became a pediatric surgeon because he was attracted to the innovative culture and the extraordinary variety of problems doctors encounter at children’s hospitals, as well as the dramatic recoveries children can make. The payback is so meaningful that it draws people who are creative and innovative and thinking differently.

CEO 8

CEO System Innovation Chief Financial Officer 8

Harvard Business Review

SEPTEMBER 17, 2013

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.

Health Care 9

Health Care COO Operations Storytelling 9

Harvard Business Review

MAY 23, 2017

Nearly everyone in health care wants to cut waste and reduce unnecessary costs — until the conversation turns to advanced chronic illness and end-of-life care. Fears about “pulling the plug on granny,” no matter how ill she may be, have slowed progress toward value-based care. The Status Quo.

Health Care 9

Health Care Sharpe Document Cost 9

Harvard Business Review

SEPTEMBER 18, 2013

Several lessons have emerged from this experiment that are applicable in medical training and, indeed, throughout health care. Any patient can tell you that health care providers are uneven at best in their greeting and communication skills. Lesson 1: Medicine must increase its focus on fundamental communication skills.

Training 8

Training Health Care Leadership Education 8

Harvard Business Review

JUNE 8, 2015

Change and innovation are choices, not givens, in any organization, and there are managerial levers for making these selections wisely. Within EB, Merck first created a Global Health Innovation Fund and then a Healthcare Services and Solution unit to identify, develop, and operate nascent opportunities that fit that thesis.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

AUGUST 1, 2011

Critics complain that the institutions supporting microfinance have become too greedy, and many are using this as an argument to deeply regulate or, even more, cut support to microfinance operations. India recently introduced new regulations for microfinance operations. And all of those innovations are opportunities for businesses.

Microfinance 12

Microfinance IPO Bottom-up Finance 12

Harvard Business Review

OCTOBER 17, 2013

As we in the United States juggle major structural and operational changes and try to secure our financial systems as revenues fall, we must keep our promise of safety and high quality to every patient, every time. At the breakfasts he asked, “What rules did you break to make your care great?” Leading Health Care Innovation.

Crisis 8

Crisis Health Care Quality Welch 8

Harvard Business Review

APRIL 29, 2015

Consider the case of MedStar Health, the largest nongovernment health care provider in the Baltimore-Washington, D.C., region, as it navigates a dramatic shift from competing by offering integrated, comprehensive medical services to offering lower cost preventive care. The innovation portfolio. Insight Center.

Strategy 8

Strategy Long-term Health Care Insurance 8

Harvard Business Review

NOVEMBER 13, 2017

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.

Health Care 8

Health Care How To Insurance Incentives 8

Harvard Business Review

APRIL 1, 2016

Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy. They are more likely to use software to manage their back-office operations and customer relationships.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

NOVEMBER 23, 2010

He started very well, but as soon as his cash flow improved, financial burdens from family systems stifled his operations. When artisans have no understanding of their cash flows, they fail prey to spending a big percentage of their working capital, without meaning to, on non-business issues that usually cripple their operations.

Books 13

Books Guidelines Banking Telecommunications 13

Harvard Business Review

DECEMBER 15, 2015

By January 1, 2015, all state-based marketplaces were expected to replace federal funding with state-level financing. Leading Change in Health Care. This reduction will affect all of our operations, including staffing, customer service, outreach, and marketing. Fostering innovation. Insight Center.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

OCTOBER 5, 2018

How would we deliver care to a population overburdened with severe mental illness, food insecurity (the lack of consistent access to enough food to lead an active, healthy life) and early-onset chronic diseases — and do so in locations as disparate as Tennessee and Iowa? The Future of Health Care. Insight Center.

Health Care 8

Health Care Metrics Cost Operations 8

Harvard Business Review

OCTOBER 9, 2015

“The proper goal for any health care delivery system is to improve the value delivered to patients … To properly manage value, both outcomes and cost must be measured at the patient level,” Harvard’s Robert Kaplan and Michael Porter tell us. Martin’s Point Health Care-Bangor.

Health Care 8

Health Care Cost Kaplan Porter 8

Harvard Business Review

NOVEMBER 23, 2010

Operations : Approaches problems practically; stands firm on issues, perseveres; maintains a standard of consistency and quality; provides stable leadership and supervision; develops detailed plans and procedures; implements projects in a timely manner; keeps financial records straight. Is the balance right in your organization?

Process 15

Process CEO Insurance Banking 15

Harvard Business Review

FEBRUARY 20, 2017

More than 80% of our work is done by teams of consultants and staff who operate out of their home offices. By spending up to 42 hours researching and interviewing a given candidate, we take great care to ensure that we find and hire the right people. The advisory firm we work for is one such company.

Team 10

Team Organization Management Consultative 10

Harvard Business Review

NOVEMBER 3, 2016

Meanwhile, the alternative — housing subsidies, unemployment insurance, health care subsidies, even incarceration costs — generate huge social costs. A study conducted by Innovate + Educate , which uses research-based strategies to address the U.S. For women, the spread 10 years out is 16%.

Organization 8

Organization Chief Operating Officer Education Software 8

Harvard Business Review

FEBRUARY 15, 2012

The result is a tax system that discourages corporations from locating operations in the U.S., Innovation and entrepreneurship : The U.S. Finance: The financial sector has come to play too big a role in the U.S. Taxes: The U.S. while also raising less money than it could. than bringing new ones here. for one thing.

Outsourcing 11

Outsourcing Education Policies Operations 11

Harvard Business Review

DECEMBER 4, 2015

As health care reform evolves, large public institutions that offer a health safety net have some advantages over privately owned enterprises. Those are all assets in an era of health care reform. I head one of these institutions: Dallas-based Parkland Health and Hospital Systems. A mission-driven payer mix.

Health Care 8

Health Care Innovation Insurance Cost 8

Harvard Business Review

MAY 5, 2016

They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation. Conversely, superior user experience designs frequently inspire insight into innovative use-case opportunities.

Levitt 8

Levitt Disaggregation Kaizen Call Center 8

Harvard Business Review

DECEMBER 12, 2016

The starting point for achieving value in any health care system is to measure outcomes. Although this can present leadership challenges related to shifting strategy, culture and operations, it certainly isn’t rocket science. Innovating for Value in Health Care. Get Institutional Commitment.

Health Care 8

Health Care Committee Compliance Project 8

Harvard Business Review

OCTOBER 6, 2011

The perception has been eroding our industry's image and has caused many in our industry to assume that R&D, innovation, and social contribution are unaffordable luxuries in a fiercely cost-based competitive game. This philosophy has started to take its toll.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

NOVEMBER 6, 2014

In this worldview, disasters only happen because the rules of the game in which the businesses operate must be flawed. Given such realities — which could also be illustrated with other key sectors such as health care and education — the right response is to pay attention to both market and management failures. Economy Finance'

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

In this worldview, disasters only happen because the rules of the game in which the businesses operate must be flawed. Given such realities — which could also be illustrated with other key sectors such as health care and education — the right response is to pay attention to both market and management failures. Economy Finance'

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

JANUARY 25, 2011

Take health care — as a patient, you've got to coordinate the visits, get the prescriptions, keep track of the appointments, figure out the financing, and so on. Advantage instead went to the horizontal layers of chips and operating systems (cue Wintel).

Competitive Advantage 13

Competitive Advantage Software Health Care Long-term 13

Harvard Business Review

NOVEMBER 29, 2010

More on: Economy , Finance , Global business Join the Discussion | Email/Share Previous Making Room for Reflection Is a Strategic Imperative Never miss a new post from your favorite blogger again with the Harvard Business Review Daily Alert email. And perhaps failing to recognize that is whats really at the root of this great crisis.

Banking 15

Banking Crisis Merton Guidelines 15

Harvard Business Review

NOVEMBER 30, 2010

His most recent books are Competing on Analytics: The New Science of Winning and Analytics at Work.

Guidelines 14

Guidelines Education Telecommunications Emotional Intelligence 14

Harvard Business Review

MAY 8, 2017

Whereas most business lists analyze companies by traditional metrics such as revenue or by subjective assessments such as “innovativeness,” our ranking evaluates the ability of leaders to strategically reposition the firm. Matthew Eyring , Chief Strategy & Innovation Officer of Vivint Inc.

Franchising 15

Franchising CEO Business Model Strategy 15

Harvard Business Review

SEPTEMBER 24, 2012

In today's world, start-ups aren't the only ones who can innovate. As I discussed in my post How Big Companies Can Save Innovation , large companies are now better positioned to innovate than ever before. Innovation increasingly involves creating business models that tap big companies' unique strengths.

Innovation 8

Innovation Company Venture Capitalist Health Care 8

Harvard Business Review

OCTOBER 22, 2015

In the last six years, a Harvard Business School team has worked with dozens of health care organizations to help them understand the true costs of their treatments for many medical conditions. One of the team’s central findings is that TDABC cannot be delegated to the finance function. Gain senior leadership support.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

OCTOBER 24, 2014

In addressing the billion-dollar adherence problem, Vitality (since acquired by NANTHEALTH ) considered the interests of the players in the diverse ecosystem, including pharmaceutical companies, retail pharmacies, and health care providers. Operations. It also took into account their roles in changing patient behavior.

Productivity 8

Productivity Products Company Engineering 8

Harvard Business Review

OCTOBER 17, 2017

Many adult health care outcomes are shaped in childhood. Current models of pediatric primary care do little to address these “non-medical” causes and consequently have been largely ineffective in preventing adult disease. Reforming primary care pediatrics therefore has great potential for improving overall U.S.

Health Care 10

Health Care Metrics Efficiency Absenteeism 10