Harvard Business Review

OCTOBER 30, 2017

Finally, health care, which has been largely immune to the forces of disruptive innovation , is beginning to change. Whereas new technologies, competitors, and business models have made products and services more affordable and accessible in media, finance, retail, and other sectors, U.S. health care keeps getting costlier.

Health Care 8

Health Care Innovation Insurance Disruptive Innovation 8

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. Insight Center.

Health Care 8

Health Care Innovation Insurance Cost 8

Harvard Business Review

NOVEMBER 15, 2013

In the mid-Atlantic region of the United States, an effort is under way to get insurers, providers, employers, and unions to cooperate in creating a system that can reduce total health care costs and premiums while achieving better outcomes. This continuing transfer from wages to health care does not reflect better value for money.

Health Care 8

Health Care Cooper Insurance Cost 8

Harvard Business Review

MARCH 14, 2014

Instead of simply providing health insurance, savvy employers are tackling health care costs by supporting the whole employee—everything from their finances to their career development to physical health. The health of the American workforce is declining , reducing both productivity and company earnings.

Health Care 8

Health Care Cost Morale Company 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. Insight Center.

Health Care 8

Health Care How To Operations Quality 8

Strategy Driven

JANUARY 20, 2012

As organizations expand and grow, the skills that led to success often won’t sustain further development in a more complex, high-stakes environment. If you don’t understand finance and accounting, enroll in a course immediately. If you don’t hold a finance or operations position, consider cross training. Get a mentor.

Execution 62

Execution How To Finance Competitive Advantage 62

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

Strategy Driven

JUNE 19, 2015

Organizations rely on their data in order to make critical operational, tactical, and transactional business decisions that significantly affect the survival and livelihood of their company. Organizations which thrive on customer transactions to generate revenues rely on data automation software to preserve their data integrity.

Software 50

Software Insurance System Operations 50

Harvard Business Review

NOVEMBER 12, 2018

working parents’ network in your organization. ” And when the working parents’ network itself isn’t working, it sends an unintended, negative message: This organization and working parenthood don’t go together. The Best Ways Your Organization Can Support Working Parents. Ariel Skelley/Getty Images.

Organization 8

Organization How To Seminar Follow-up 8

Harvard Business Review

NOVEMBER 3, 2016

Meanwhile, the alternative — housing subsidies, unemployment insurance, health care subsidies, even incarceration costs — generate huge social costs. Meanwhile, Starbucks, CVS Health, Walmart, and JPMorgan Chase joined with more than a dozen other large U.S. For women, the spread 10 years out is 16%.

Organization 8

Organization Chief Operating Officer Education Software 8

Strategy Driven

MARCH 2, 2012

Any company or organization is like a tree. Everyone knows that dentists, nurses, social workers and respiratory therapists are all health care professionals. Niche consultants place emphasis in the areas where they have training, expertise and staff support for implementation… and will market their services accordingly.

Consultative 61

Consultative Short-term Budgeting Strategic Planning 61

Harvard Business Review

MAY 1, 2013

We face a public health emergency. 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. That is, we are after real shared value.

Health Care 8

Health Care ROI NGO Long-term 8

Harvard Business Review

OCTOBER 1, 2013

The new health insurance market places—the exchanges set up under Obamacare—have become the hot health policy topic. Vital though near-term effectiveness is, the exchanges hold a longer-term potential—they can help reshape the organization, delivery, and financing of insurance. Leading Health Care Innovation.

Insurance 8

Insurance Goal Health Care Long-term 8

Harvard Business Review

JANUARY 11, 2016

First, the finance chief is often first among equals on the board of directors and can help engage the board more productively on strategy. Working together, finance and strategy executives can forge better links between resource allocation and strategic goals. There are two reasons for this. Embracing the long-term view.

Strategy 8

Strategy CFO Finance Short-term 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.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

JUNE 8, 2015

Pharmaceutical companies, buffeted by regulatory changes, new drug technologies that alter entry barriers and competition, price pressures, and an estimated 300,000 job cuts since 2000, seem to fit the popular narrative of large organizations unable to deal with disruptive forces. Merck and Co. It’s not just products.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

APRIL 29, 2015

From time to time, the basis of competition in an industry shifts so dramatically that shifting with it requires a new long-term vision that calls for the organization to do things it never would have done in the past. Consider the case of MedStar Health, the largest nongovernment health care provider in the Baltimore-Washington, D.C.,

Strategy 8

Strategy Long-term Health Care Insurance 8

Harvard Business Review

NOVEMBER 23, 2010

When I founded the nonprofit African Institution of Technology , I initially focused on helping African entrepreneurs or artisans, especially those with only primary education, develop new skills and market opportunities. People need at least a rudimentary understanding of finance to become good entrepreneurs or artisans.

Books 13

Books Guidelines Banking Telecommunications 13

Harvard Business Review

NOVEMBER 16, 2016

Specifically, it has allowed for significant expansion of insurance coverage and it is accelerating the move from a financing system that pays for the volume of services provided to one that rewards care providers for delivering higher-quality care. Innovating for Value in Health Care. Insight Center.

Insurance 8

Insurance Health Care Incentives Cost 8

Harvard Business Review

SEPTEMBER 5, 2016

The concept is fairly straightforward: The parties define the result up front, agree on a baseline, work out how confident the organization is in delivering the result, and then specify the expectation and payment in the contract. ” Health care. Samuel Castro. Paying for results is in vogue. When PbR Doesn’t Work.

Incentives 8

Incentives Health Care Education Insurance 8

Harvard Business Review

AUGUST 6, 2015

I made a career switch seven years ago, when I went from working as a reporter at the Financial Times , where I covered health care in the United States, to consulting — advising CEOs in the pharmaceutical industry on thought leadership and articulating their corporate strategies. You should also ask: How you should market them?

Career 8

Career Skills Health Care Pharmaceuticals 8

Harvard Business Review

JULY 27, 2018

Still, despite the explosion of interest in the data collected by just about every sector of American business — from financial companies and health care firms to management consultancies and the government — many organizations continue to relegate data-science knowledge to a small number of employees.

Tools 8

Tools Learning-by-Doing Health Care Skills 8

Harvard Business Review

SEPTEMBER 24, 2012

The company had drawn on pioneering Indian health care models, such as Aravind Eye Care System 's affordable cataract care, to help TMH design new ways to serve low-income patients. It worked with a local partner to create India's first financing plan for medical devices.

Innovation 8

Innovation Company Venture Capitalist Health Care 8

Harvard Business Review

DECEMBER 15, 2015

Marketplaces allow people to do apples-to-apples comparisons of health insurance products and prices through an online portal. California’s model is perhaps the most influential: It has affected prices and choice in the market by standardizing plans and aggressively negotiating insurance rates. Leading Change in Health Care.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

MARCH 15, 2016

After all, it’s the CFO who typically sets expectations about growth to investors and then allocates resources to ensure their organizations deliver. So if the organization is going to invest in longer-term growth, this could increase the stock’s beta — both in downside risk and upside reward. ” Many did.

Short-term 8

Short-term Long-term CFO Wiseman 8

Harvard Business Review

OCTOBER 5, 2018

CareMore’s longtime focus had been providing patient-centered, managed care to seniors in California, Arizona, Nevada, and Virginia under Medicare Advantage. Many of the organization’s veterans saw our Medicaid ambitions as an unwise detour into treacherous territory. The Future of Health Care. Insight Center.

Health Care 8

Health Care Metrics Cost Operations 8

Harvard Business Review

MAY 3, 2016

Studying 168 early adopters, we’ve seen speed improvements of two times or more for most business processes — and some organizations are reporting speed improvements of 10 times or more. It can also be used to help editors and curators find new ways to organize video collections and edit footage. Market monitoring.

Efficiency 8

Efficiency Company Root Cause Analysis Engineering 8

Harvard Business Review

NOVEMBER 6, 2014

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Even Tirole betrays this bias. Neither school of thought, though, has it quite right.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Even Tirole betrays this bias. Neither school of thought, though, has it quite right.

Management 8

Management Crisis Porter Credit Rating 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. Companies in the leading sectors make more extensive use of digital payments, digital marketing, and design-led product development.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

OCTOBER 31, 2018

Edward Freeman and others regarding stakeholder theory, which offers a way of examining the interests of all groups affected by an organization — not just shareholders but also customers, employees, governments, suppliers, and communities. The same dynamic may now complicate Google’s plans to re-enter China’s search market.

CEO 8

CEO Politics Policies Survey 8

Deming Institute

SEPTEMBER 15, 2016

Maybe free markets, maybe capitalism, maybe the opportunity to earn a living through business, maybe that is part of the solution. For those interested in improving the management of our organizations (hopefully that matches the readership of this blog) there is value in reading their views on six sigma.

Rogers 28

Rogers Deming Six Sigma Engineering 28

Harvard Business Review

FEBRUARY 25, 2013

Consider Prudential's recent marketing campaign, prominently featuring Day One stories — tales of the first day of retirement. The organization's motto: "One day, all children in this nation will have the opportunity to attain an excellent education.". This storyline is enjoying a resurgence today.

Productivity 8

Productivity Products Finance Human Capital 8

Harvard Business Review

APRIL 28, 2015

Consider the story of Bud Frankel, the founder of Frankel , a firm that created the marketing services industry (where both of us eventually worked) that gained a national reputation and attracted clients across both the consumer and healthcare areas. He made it comfortable for people to give him contradictory advice and bad news.

Open-book 8

Open-book Career Rogers PR 8

Harvard Business Review

SEPTEMBER 18, 2012

Most of the increase in entitlement expense is coming from the health insurance programs Medicare and Medicaid — the result as much of an apparently congenital American inability to rein in health care costs as any increase in dependency. Or was his voter base. It's that 66.6% In the 1990s, the U.S. So what is the cause?

Insurance 15

Insurance Policies Bottom-up Health Care 15

Harvard Business Review

OCTOBER 17, 2011

I have long believed that innovation is not just about creating new products or services; it's also about rethinking the very nature of an organization's relationships. At Starbucks, this shift is values can be seen in the health-care coverage and stock options we have long offered to part-time employees. We must go deeper.

Health Care 12

Health Care Innovation Crisis Brainstorming 12

Harvard Business Review

AUGUST 23, 2018

In addition to signaling a strong economy, a tight labor market typically improves job prospects for groups with fewer skills and less experience, including teens. But for those who might not be college-bound, it appears that fewer pathways exist to enter the labor market. However, as of July 2018, the U.S. Many large U.S.

Short-term 8

Short-term Participative Long-term Career 8