Harvard Business Review

OCTOBER 2, 2015

In the fall of 2014, the HBS-HMS Forum on Health Care Innovation launched the inaugural Health Acceleration Challenge — a “scale up” competition that focuses on compelling solutions to problems in health care delivery that have already been implemented at a small scale and have the potential for wider dissemination.

Health Care 8

Health Care Innovation Cost Self-aware 8

Harvard Business Review

DECEMBER 14, 2017

health care system is begging for disruption. Hundreds of millions of Germans, French, English, Scandinavians, Dutch, Danish, Swiss, Canadians, New Zealanders, and Australians get comparable or better health services for half of what we pay. Seamless teamwork is critical to effective care of complex, high-cost patients.

Health Care 8

Health Care System Insurance Pharmaceuticals 8

Harvard Business Review

DECEMBER 23, 2014

They can use their market power (they direct the bulk of health care dollars) and understanding of different consumer segments to create innovative products, services, and partnerships that address consumers’ needs. In the process, they can help move us all toward a low-cost, value-based health care system.

Health Care 9

Health Care Insurance Industry Retail 9

Harvard Business Review

SEPTEMBER 19, 2013

Several studies show wide variation in prices for common health care services, even within local areas. Moreover, prior research has also shown that there is little correlation between price and quality of care for inpatient care and that higher-priced providers control a large share of the market.

Health Care 8

Health Care Price Insurance Incentives 8

Harvard Business Review

JANUARY 13, 2015

For years, one prescription to health care woes in the United States has been to shift costs to consumers. While patients are paying more and more out of pocket for care, key challenges stand in the way of them operating as effective consumers. Reconceive the market. Three obstacles.

Health Care 8

Health Care Insurance Long-term Bottom-up 8

Harvard Business Review

OCTOBER 13, 2015

health care system in ways big and small that would either build on or radically revamp the Affordable Care Act (ACA). We reviewed four strategies: the current health care system’s trajectory as is; comprehensive demand-side reform; aggressive supply-side reform; and a combination of demand-side and supply-side reform.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

NOVEMBER 14, 2016

Businesses that are serious about reducing health care costs — and improving the health and well-being of their employees — should take a serious look at digital therapeutics, which have the potential to provide effective, low-cost ways to prevent and treat chronic diseases and their consequences. Insight Center.

Health Care 8

Health Care Cost Technology Peer Review 8

Harvard Business Review

JULY 22, 2014

In health care, the Hippocratic Oath — “first, do no harm” — can hold as much sway in the board room as it does in the exam room. Among health care leadership, it can have the unintended effect of promoting inaction over change and innovation. health care has become akin to a smothered child—stifled and arrested.

Health Care 8

Health Care Information Technology Learning-by-Doing Information 8

Harvard Business Review

NOVEMBER 29, 2010

It's a shame Obama — and the Western press — didn't pay attention to the far bigger story happening in many of the countries on his visit: real, game-changing innovations from emerging markets that could point the way for currently stagnant Western firms. Of course, Megastudy's is not the only solution to poor incentives.

Innovation 15

Innovation Marketing Incentives Education 15

Harvard Business Review

NOVEMBER 20, 2013

For a discipline so fundamentally altruistic, health care is oddly dysfunctional around relationships. Our full article describing social capital, its roles in health care, and strategies for building it in health care organizations is available here (PDF). Leading Health Care Innovation.

Social Capital 8

Social Capital Health Care Cooper Storytelling 8

Harvard Business Review

MARCH 1, 2018

health care landscape. Consequently, if we want new medical innovations to be financially viable for the patients who need it most, health insurance markets need to be regulated to eliminate the perverse financial incentives that limit patients’ coverage. Insurance markets are failing to deliver.

Cost 8

Cost Insurance Incentives Policies 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. While they accept competition, they believe that regulations are also necessary to hold down the growth of health care spending and promote the adoption of improved modes of delivering care.

Insurance 9

Insurance Goal Health Care Long-term 9

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 the Health Care Transformation Task Force , a newly formed coalition of private insurers and provider organizations in the U.S., Making PbR Work.

Incentives 8

Incentives Health Care Education Insurance 8

Harvard Business Review

JULY 27, 2015

Lean production , which includes a vastly expanded role for front-line workers in addressing problems, was brought to the United States by Toyota in its auto plants but has now spread to health care, professional services, and virtually every other industry. Business schools should do their part to remind them.

Lean Production 8

Lean Production Operations Health Care Talent Management 8

Harvard Business Review

DECEMBER 18, 2014

The power of the UMCSC underscores that while an individual hospital – or even a health system – may be the largest in its local market it may not have optimal buying power until it can partner with others. While collaboration is always challenging, the health care benefits are by now clear.

Health Care 8

Health Care Retail Mayo Pharmaceuticals 8

Harvard Business Review

MARCH 8, 2011

Editor's note: This post is part of a three-week series examining innovation in health care, published in partnership with the Advanced Leadership Initiative at Harvard University. All patients would designate health care proxies. Good end-of-life care is a fundamental component of quality medical care.

Health Care 12

Health Care Document System Education 12

Harvard Business Review

JANUARY 12, 2017

This personalized approach could one day help all people with cancer benefit from smart medicines, but only if patients opt to share their sequencing data and other health information and insist that health care organizations comply with their wishes. Under Armour is not just selling hoodies; it’s building better athletes.

Company 8

Company Health Care Storytelling Pharmaceuticals 8

Harvard Business Review

FEBRUARY 16, 2011

The Enron effect is highly hazardous because it lethally poisons incentives. Incentives shape human behavior — and overcounting benefits and undercounting costs is a surefire way to blunt our incentives to innovate, to take on ambitious goals, and create real value. Innovation atrophy. Megafailure.

Incentives 15

Incentives GDP Hypercompetition Self-aware 15

Harvard Business Review

DECEMBER 10, 2015

In today’s health care landscape, consultants often advise independent hospitals to merge with a larger health system. Leading Change in Health Care. Our clinical partnerships allow us to offer academic expertise in a lower-cost setting, an excellent value for consumers as they shop for health care services.

Health Care 8

Health Care Committee Balanced Scorecard Discount 8

Harvard Business Review

OCTOBER 3, 2013

The traditional fee-for-service reimbursement model is widely acknowledged to be a major driver of escalating health care costs. Harvard Pilgrim agreed to join the effort because it recognized that traditional payment models were unlikely to help control rising health care costs. The Motives of the Pilot’s Members.

Insurance 8

Insurance Health Care How To Price 8

Harvard Business Review

JUNE 13, 2017

The insight is particularly relevant now, as economic activity has shifted into low-productivity services like health care and education, where price increases are devouring public and household budgets, and whose continued low productivity has weighed down U.S. productivity growth overall.

Entrepreneur 8

Entrepreneur Construction Industry Productivity 8

Harvard Business Review

OCTOBER 29, 2012

These deficiencies are as common in health care and education as they are in manufacturing and retail. Fourteen plants got free, high-quality advice from consultants, who taught them about three management fundamentals: setting targets, establishing incentives, and monitoring performance. A Brief History of Inventing Innovation.

Management 8

Management Benchmarking Short-term Incentives 8

Harvard Business Review

OCTOBER 10, 2017

Americans are both undertreated and overtreated in a health care system that wastes up to $1 trillion a year and delivers profoundly uneven quality: Current estimates indicate that preventable medical errors are the third leading cause of death in the United States. Information technology has come late to health care delivery.

Health Care 8

Health Care Innovation Creativity Guidelines 8

Harvard Business Review

OCTOBER 31, 2013

The difference: if you’re an American entrepreneur inside one of the country’s hotbeds of innovation, you’re more likely to succeed. While these leaders seem to grasp that entrepreneurship and innovation are the best path to job creation, they’re not doing enough to support the folks who headquarter their businesses outside the superhubs.

Entrepreneur 8

Entrepreneur Health Care Policies Mentor 8

Harvard Business Review

MARCH 8, 2016

politics is not merely the inevitable result of our free-market system; it is also a consequence of the choices our business leaders make. Share repurchases immediately and directly impact price and earnings in a way that longer-term investments in growth and innovation do not. Nor are they entirely innocent.

Politics 8

Politics Short-term Long-term Porter 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

JANUARY 30, 2014

The leading pro-wellness group in Washington is the Business Roundtable, which claims to want to help people and “create a culture of health” even as it opposed the minimum wage increase and the Affordable Care Act. Second, wellness has become a marketing tool for health plans, nowhere more so than at Aetna.

Human Resources 9

Human Resources Guidelines Morale Insurance 9

Harvard Business Review

MAY 5, 2014

Voices we heard in this “market research” told us that pregnant women may walk for miles through dangerous floodlands and game reserves to get to a place where they can deliver. Pursue scientific innovation. Management expertise from the private sector has been crucial to that result, bringing about better health care delivery ?

Supply Chain 8

Supply Chain Health Care Self-aware Franchising 8

Harvard Business Review

DECEMBER 23, 2015

If the health care industry followed suit, the impact on the quality and cost of care, the patient’s experience, and innovation could be enormous. Ultimately, this type of innovation serves the end customer — creating better functionality and experience for the user. Leading Change in Health Care.

Health Care 8

Health Care Incentives Technology System 8

Harvard Business Review

NOVEMBER 17, 2016

companies manage their supply chains with diligence to ensure suppliers meet their standards for quality and affordability, but the vast majority don’t behave in this fashion when purchasing health care services. Here’s how most employers deal with the health care services they offer their employees and their dependents.

Health Care 8

Health Care Supply Chain Price Quality 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

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. By competing on products, we respond to the market. This philosophy has started to take its toll.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

OCTOBER 15, 2013

Its services will include tertiary care procedures, such as open-heart surgery, angioplasty, knee or hip replacement, and neurosurgery for about 40% of U.S. At a time when health care costs in the United States threaten to bankrupt the federal government, U.S. This innovation has also reduced costs. Today, the U.S.

Health Care 9

Health Care Cost Lean Production Innovation 9

Harvard Business Review

NOVEMBER 2, 2012

Every so often, good ideas to lower health care costs in the US will come from unlikely sources. If adopted across the 30,000 transplants in the US, this protocol could conceivably save hundreds of millions of US health care dollars, annually. They are pressed to offer quality care at an ultra-low price.

Health Care 15

Health Care Cost Quality Price 15

Harvard Business Review

NOVEMBER 29, 2010

In slightly more formal terms, Id suggest that they were able to take on, at least in tiny part, five of Robert Merton and Zvi Bodies six standard functions of a financial system: settling payments, providing information, setting incentives, pooling resources, and transferring resources.

Banking 15

Banking Crisis Merton Guidelines 15

Harvard Business Review

NOVEMBER 30, 2010

His primary insight is that the frame one firm uses has to be able to counter their rivals incentive to jump to greater transparency and offer discounts. His primary insight is that the frame one firm uses has to be able to counter their rivals incentive to jump to greater transparency and offer discounts.

Retail 14

Retail Price Comparison Nalebuff 14

Harvard Business Review

MAY 17, 2017

This helps to prove their identity, cutting down on fraud and creating market efficiencies. Even better, blockchains can spur local high-tech innovation. Just getting the costs of regulation and compliance down would open world markets and create wealth, but that doesn’t have to mean changing local regulations.

Marketing 8

Marketing Technology Banking Efficiency 8