Is there a dearth of healthcare innovation in the US, and healthcare management training in particular? Well, you might be tempted to say, it’s harder than you think. Right? Regina Herzlinger, a Harvard Business School professor, wrote in HBR a couple of weeks ago about the problem of innovation in the industry, which accounts for about a fifth of US GDP. Productivity in healthcare DROPPED an average of 0.8% per year between 1990 and 2007. I tend to rant about the rampant waste in America’s health system. I’ll take a back seat and let Ms. Herzlinger tempt you with more tempered prose: HBR Article link.
[Here’s the raw link: https://hbr.org/2014/11/bridging-health-cares-innovation-education-gap ]
Interesting opinion piece that was forwarded to me by a pricing expert. How should the industry price healthcare solutions? The one question I have – even if R&D is sunk cost, you’ve still got to recover it for your investors and shareholders. If you can’t sell your …
Interesting opinion piece that was forwarded to me by a pricing expert. How should the industry price healthcare solutions? The one question I have – even if R&D is sunk cost, you’ve still got to recover it for your investors and shareholders. If you can’t sell your portfolio of drugs at prices that recover total R&D, then maybe it’s time to reassess your pricing strategy.
#healthcare_changemanagement, #Drugpricing, #Healthcare, #Healthcaremarketresearch
Over the past few weeks I went silent, and my silence may be extended. In July I decided to start an executive MBA at Yale and that has taken up most of my time for the past month, leaving me little room for social media in whatever form. What I expect is that as I get rolling in my work at Yale, I will start to have some very new ideas and new material to publish. The program is focused on healthcare and over the course of the next few months I will be meeting with some key leaders in the US and global healthcare fields. I am enjoying the opportunity to be thinking “big picture” for at least a while.
After ACA come full bloom in 2014, most employees appear prepared to maintain health insurance coverage for employees, according to a survey by #BusinessInsurance.com published on Sunday, February 9. Thus, the rumors that employers would greedily prefer to jettison coverage, pay employees a $2000 cash lump sum and run for the hills while letting employees fend for themselves appear to be untrue, as is much of the discourse around the response to #HealthcareReform. Over 80% of survey respondents will maintain employee health plans. http://www.businessinsurance.com/article/20130210/NEWS03/302109984?tags=%7C62%7C307%7C74%7C278