Harvard Business Review

OCTOBER 14, 2013

The health care industry has survived economically by cross-subsidizing margin shortfalls in one activity with the revenues generated from others. But the very existence of these cross-subsidies is symptomatic of deep flaws in the health care reimbursement system.

Health Care 8

Health Care Kaplan Porter Cost 8

Harvard Business Review

SEPTEMBER 13, 2012

The Emergence of Health as the Business of Health Care. The analogous situation in health care is that whereas doctors and hospitals focus on producing health care, what people really want is health. Health care is just a means to that end — and an increasingly expensive one.

Health Care 16

Health Care Levitt Film Chemicals 16

Harvard Business Review

APRIL 2, 2018

We invest billions of dollars each year in medicines, new technologies, doctors, and hospitals—all with the goal of improving health, arguably our most prized commodity. health care system woefully underperform relative to those made in health care in other countries. Yet, investments in the U.S.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

The Horizons Tracker

MAY 14, 2019

Artificial intelligence has helped transform industries like finance and manufacturing, and I’m confident that these technologies will have a profound and positive impact on health care,” they conclude. “I Nonetheless, the agency accept that it’s vital that they try, as the benefits from the technology can be considerable.

Power 62

Power Health Care Software Technology 62

Harvard Business Review

DECEMBER 5, 2017

The landscape for the delivery of health care in the United States is changing, but the traditional care-delivery players are not the change agents. The ramifications for traditional care providers typically dominated by hospitals is going to be big and may happen fast. Carol Yepes/Getty Images.

Health Care 8

Health Care Insurance Incentives Venture Funding 8

Harvard Business Review

OCTOBER 24, 2013

The cuts have caused economic and other distress across the nation, including serious impacts within the health care sector. Consider the following impacts of sequestration on Federal health agencies and activities: Cuts to the FY13 budget: $1.71 Follow the Leading Health Care Innovation insight center on Twitter @HBRhealth.

Health Care 8

Health Care Budgeting Pharmaceuticals Review 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

DECEMBER 16, 2016

Innovating for Value in Health Care. In heath care, Omada has similarly turned services into a product, packaging complementary healthcare devices, services, and support into a turnkey offering it sells to employers and health insurance plans to help people lose weight and reduce their risk of type 2 diabetes or heart disease.

Health Care 8

Health Care Insurance Wireless Cost 8

Harvard Business Review

AUGUST 7, 2018

health care system, but our five-year research project in India and the U.S. Almost every high-performing health care organization we studied was led by a medical professional (something that academic research has also found ). They view health care as a human right, and they empathize with the plight of patients.

Quality 11

Quality Health Care Govindarajan Innovation 11

Harvard Business Review

MARCH 29, 2018

health care system. The audience for such innovation wants to be receptive: A recent American Hospital Association (AHA) survey found that 75% of senior hospital executives endorsed the importance of digital innovation. surgery, medicine, oncology), care areas (e.g., Health Care’s New Frontier.

Budgeting 8

Budgeting System Innovation Payback Period 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

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

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

JUNE 6, 2016

Some business pundits today believe innovation ignites better in startups than in large, established corporations. In fact, a lot of big companies have proven they are better positioned than emergent firms to create and execute innovation, however on-fire a startup may be. Laura Schneider FOR HBR. ” I disagree.

Innovation 8

Innovation Company Transportation Software 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

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 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 10

Health Care COO Operations Storytelling 10

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

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

It was always meant to be a "social innovation," a way for corporations to make a profit at the same time that they do something good for society. When you deny access to education, finance, housing, and health care, the poor remain poor. And all of those innovations are opportunities for businesses.

Microfinance 13

Microfinance IPO Bottom-up Finance 13

Harvard Business Review

MARCH 12, 2013

Young scientists will invent energy-saving or health-promoting products, incubate new ventures while still in college, and sell them to markets eager for ways to control energy or health care costs. Innovative forms of financing, such as Kickstarter, will continue to grow, also invented by social entrepreneurs.

Health Care 15

Health Care Merchandising Incubator Airlines 15

Harvard Business Review

JULY 4, 2017

One way to appeal to this demographic (and to the parents who often finance young drivers’ transportation) is to focus on safety. The third playbook for an Apple vehicle is to create new categories , via breakthrough product innovation and breakthrough business model innovation. Is that part of their play in health care?

Transportation 10

Transportation Sports Pharmaceuticals Health Care 10

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

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.

Strategy 8

Strategy Long-term Health Care Insurance 8

Harvard Business Review

APRIL 19, 2011

Non-profit corporations may not be providing a financial return to investors or owners, but they still capture value to finance activities with contributions, grants, and service revenue. Government agencies are financed by taxes, fees, and service revenue, but are still accountable to deliver citizen value at scale.

Business Model 15

Business Model Kaplan Finance Health Care 15

Harvard Business Review

OCTOBER 17, 2013

At the breakfasts he asked, “What rules did you break to make your care great?” On my visits to health care organizations, I often ask these four questions to assess the overall level of quality and to understand how the leaders drive for best performance: Do you know how good you are? Leading Health Care Innovation.

Crisis 9

Crisis Health Care Quality Welch 9

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 16

Health Care Innovation Crisis Brainstorming 16

Harvard Business Review

JUNE 27, 2013

With traditional sources of financing unavailable, Kellond raised her first round of capital ($408,000) on Kickstarter — the ultimate in creative financing. At age 53, Avey is on her second start-up, Curious, a tool that gives people tools to ask questions about their health through data aggregation and sharing.

Entrepreneur 8

Entrepreneur Sports Disruptive Innovation Innovation 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 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

OCTOBER 9, 2014

A very different result may be possible, however, as more states and localities authorize the construction of roads that are privately owned and financed, or even sell off existing roads and other infrastructure in order to relieve their own budgetary pressures. The regressive nature of the charges only complicates the politics.

Politics 8

Politics Health Care Budgeting Insurance 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. Leading Change in Health Care. Fostering innovation. SBMs have started to lower the cost and improve the value of health insurance coverage. Insight Center. Sponsored by Optum.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

NOVEMBER 23, 2010

Organizations that move into developing nations to help small technical businesses, must help those businesses manage their finances. People need at least a rudimentary understanding of finance to become good entrepreneurs or artisans. People need at least a rudimentary understanding of finance to become good entrepreneurs or artisans.

Books 14

Books Guidelines Banking Telecommunications 14

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. These usage-related innovations are likely to have profound implications on business models and economics across the value chain in the coming years.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

MARCH 12, 2013

Young scientists will invent energy-saving or health-promoting products, incubate new ventures while still in college, and sell them to markets eager for ways to control energy or health care costs. Innovative forms of financing, such as Kickstarter, will continue to grow, also invented by social entrepreneurs.

Health Care 8

Health Care Merchandising Incubator Airlines 8