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

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

OCTOBER 1, 2013

Vital though near-term effectiveness is, the exchanges hold a longer-term potential—they can help reshape the organization, delivery, and financing of insurance. Simply put, we think that the health insurance exchange—supported at various times by both liberals and conservatives—may well fulfill the health reform dreams of both.

Insurance 9

Insurance Goal Health Care Long-term 9

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 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

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. Insight Center.

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. Follow the Leading Health Care Innovation insight center on Twitter @HBRhealth.

Training 8

Training Health Care Leadership Education 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

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.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

APRIL 29, 2015

The hardest part is connecting long-term goals to near-term actions — especially when those new actions directly threaten the way you make money right now. Consider the case of MedStar Health, the largest nongovernment health care provider in the Baltimore-Washington, D.C., The innovation portfolio.

Strategy 8

Strategy Long-term Health Care Insurance 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

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 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

SEPTEMBER 5, 2016

” Health care. And the Health Care Transformation Task Force , a newly formed coalition of private insurers and provider organizations in the U.S., And providers want the flexibility to deliver outcomes in the best, most innovative, and most efficient way possible without being micromanaged by the customer.

Incentives 8

Incentives Health Care Education Insurance 8

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.

Health Care 15

Health Care Innovation Crisis Brainstorming 15

Harvard Business Review

DECEMBER 15, 2015

By January 1, 2015, all state-based marketplaces were expected to replace federal funding with state-level financing. By June, all SBMs except Hawaii’s had reached that goal. Leading Change in Health Care. Fostering innovation. Insight Center. Sponsored by Optum. Supporting small businesses.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

NOVEMBER 23, 2010

Yes, they are closer to the business and should know better what they need to do so they can meet their business goals. Thats different in IT, accounting, or finance. Yes, they are closer to the business and should know better what they need to do so they can meet their business goals.

CIO 15

CIO Guidelines Telecommunications Emotional Intelligence 15

Harvard Business Review

NOVEMBER 24, 2010

Most of us spend most of our time chasing the immediate reward, the short-run "objective," the near-term "goal — in short, the expedient and the convenient. In turn, reflection becomes the rocket fuel for experimentation, the lifeblood of high-level innovation, the spark of deeper meaning, and the wellspring of enduring purpose.

Short-term 15

Short-term Guidelines Mass Marketing Telecommunications 15

Harvard Business Review

JUNE 7, 2011

From the start we asked: What are the complexities of financing these homes? Suri proposed potential solutions, including innovative materials, new ways of thinking of the construction process, and building up. And David Smith's entry on the financial challenge shows that flexibility can be born out of financing options as well.

Suri 14

Suri Godin Real Estate Construction 14

Harvard Business Review

AUGUST 30, 2018

These include access to digital goods and services, being part of global supply chains, accelerating and partaking in the fruits of innovation, and helping citizens access information, entertainment, and connectivity on a worldwide basis. India’s finance ministry has proposed such an approach to the central bank.

Supply Chain 9

Supply Chain Globalization GAAP Policies 9

Harvard Business Review

FEBRUARY 23, 2016

Particularly in business schools, various Finance and Accounting professors have argued for including more long-term incentives, and for replacing variable pay packages that largely consist of stock options with a mix of bonds and stocks. On routine tasks where learning is not necessary, highlighting performance goals works great.

Execution 8

Execution Incentives Short-term Long-term 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

DECEMBER 17, 2015

Medicine is fraught with anachronistic administrative structures, as well as competing and redundant decision-making processes involving many stakeholders (the hospital, doctors, nurses, compliance, finance, and others) who often work in silos and have differing goals. Leading Change in Health Care. Insight Center.

Health Care 8

Health Care Diversity Proposal Document 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

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. Customers and suppliers: The ultimate goal of our business is not to sell products but to serve customers.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

DECEMBER 9, 2010

Aside from stocks, he dabbled in an activist brand of angel investing: holding large stakes and board seats in several start-up health care businesses, all based in Spain. This business works only if the Calidad de Vida brand stands for quality, innovative care — across the board. Why would an IPO be so bad?

Case Study 13

Case Study Franchising Health Care Follow-up 13

Harvard Business Review

SEPTEMBER 22, 2016

In a 2011 study management teams exhibiting a wider range of educational and work backgrounds produced more-innovative products. On some teams, members were assigned distinct roles (Artistic, Event, and Finance Manager), thus increasing diversity of viewpoints. health care firm.

Diversity 8

Diversity Team Bottom-up Analysis 8

Harvard Business Review

NOVEMBER 16, 2016

In November 2015 Geisinger Health System launched its ProvenExperience program – a wide-ranging cultural and process reengineering initiative whose long-term goal is not just to assure the best customer experience in healthcare, but to offer the best customer experience of any industry. Innovating for Value in Health Care.

System 8

System Quality Long-term Short-term 8

Harvard Business Review

JANUARY 13, 2017

“Say, ‘It is taking me about five hours a month to prepare this report for the finance department. “You are partnering with your boss to fulfill the company’s goals.” “Then state what’s getting in the way” of you accomplishing the goals. Is this in line with what you would expect?

How To 8

How To Project Advice Case Study 8

Harvard Business Review

APRIL 3, 2014

He was the scientific expert on the team, having earned a PhD in biology and worked at a health care company in Israel before studying for his MBA. Michael Shrock, the team’s finance expert, shook his head. “It We want to establish a prize to reward innovative ideas in this particular area.”. It just doesn’t make sense.

Case Study 8

Case Study Career Planning Learning-by-Doing 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