Harvard Business Review

OCTOBER 26, 2011

Yet this is exactly the challenge facing leaders of the finance function who are asked to help their organization improve the way that work is done. As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors.

Finance 11

Finance CFO Budgeting Operations 11

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 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

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 11, 2017

To date, only small steps have been taken at most health care systems (for example, clarifying the costs of specific tests during the test-ordering process), and new clinical analytics systems that offer better insights into costs and efficiency often aren’t integrated into day-to-day clinical care. Insight Center.

Cost 8

Cost Management Health Care System 8

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

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

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., Sponsored by Accenture.

Strategy 8

Strategy Long-term Health Care Insurance 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 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

JUNE 8, 2015

With its Emerging Businesses (EB) group (where one of us serves as President), Merck started a journey about three years ago with a core investment thesis: there are areas of growing unmet need in health care that intersect with its established competencies.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

JUNE 22, 2017

How can the health care system adapt to bring that kind of specialized experience to more families? My concern is that I don’t think children’s health is a national priority right now. So I think there’s a strong case to be made for pediatric care as we debate health care legislation and reforms.

CEO 8

CEO System Innovation Chief Financial Officer 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 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. Both the FFM and the SBMs have had to overcome major operational hurdles. Insight Center.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

OCTOBER 31, 2018

A CEO could be forgiven for thinking it’s safest to only weigh in on political issues that affect operational and strategic goals, industry dynamics, or a company’s regulatory and policy landscape. But a company’s exposure to a political issue is also determined by its values. At a time when the U.S.

CEO 9

CEO Politics Policies Survey 9

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 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

NOVEMBER 10, 2017

Intense pressure from the $719 billion Medicare program on the finances of U.S. Transforming Health Care. If hospitals do not aggressively manage the cost of caring for Medicare patients against these fixed payments, losses result. Jorg Greuel/Getty Images. hospitals promises to worsen in the years ahead. Insight Center.

Cost 8

Cost Consensus Budgeting System 8

Harvard Business Review

APRIL 1, 2016

All companies that operate internationally face a striking dual challenge in dealing with public policy: Nations across the globe enact an ever-changing, ever-expanding array of detailed legislation and regulation to protect workers, consumers, investors, and the public welfare, and these diverse rules shape what companies can and cannot do.

Policies 8

Policies Politics Short-term Globalization 8

Harvard Business Review

OCTOBER 6, 2011

Our stakeholder-based strategy rests on the following key pillars: People: The human factor plays a central role in our operations, and thus our business growth must be tied to the growth of our people. 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

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. The goal here is not UX for the sake of UX, but UX as a medium and platform for value creation and capture.

Levitt 8

Levitt Disaggregation Kaizen Call Center 8

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. I'm not a finance person, but that seems too soon to me.". The end goal is to build awareness and improve health care practices, right?". "Do

Case Study 13

Case Study Franchising Health Care Follow-up 13

Strategy Driven

MARCH 2, 2012

Everyone knows that dentists, nurses, social workers and respiratory therapists are all health care professionals. Their work is off-the-shelf, conforms to an established mode of operation, contains original thought and draws precedents from experience. (17 17 percent). What is their longevity?

Consultative 59

Consultative Short-term Budgeting Strategic Planning 59