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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

We have identified how hospitals’ budgeting systems have erected three distinct barriers to the adoption of technology. These barriers, however, can be overcome by changing how hospitals acquire new technology and by providing incentives to units to use digital innovations to provide more effective and efficient care.

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Can We Quantify the Value of Connected Devices?

Harvard Business Review

Combining these creates a P&L and a projection, which through a discounted cash flow analysis yields an NPV, which can be used to assess valuation. What’s different now is the volume of the data, the availability of efficient sensor technologies, and the prospect of application in every walk of life.