Healthcare
Reimbursements are falling due to legislative and societal pressures as healthcare costs continue to rise. With the goal to maintain available care options, hospitals are striving to address the cost to deliver care and recapture lost contribution margin.
As market, strategic and regulatory priorities shift, a clear decision-making and review process increases nimbleness and ability to compete. The next step for forward-thinking healthcare payors is building agile product development capabilities.
Healthcare payors face an increasingly complex environment. Regulatory-driven restructuring, pricing and efficiency pressures from Medicare, self-insured corporations, and emerging and disruptive business models all combine to create an eerie projection of the future, not unlike the wild, wild west.1 In response, healthcare executives and product development professionals are grappling with the question – “Can we innovate fast enough to compete?”
In 2011, Kalypso conducted a survey assessing how market factors drive the need for healthcare payors and providers to innovate their products. We asked them to identify the most pressing market factors, assess innovation capability and identify barriers to bringing innovation to market. These are our take-aways.
Healthcare Reform is underway in the United States. The pace promises to be rapid and the economic and societal trends are complex. To survive, healthcare organizations must increase focus and investment in strategic agility, organizational innovation and core product development competencies.
This white paper explores social product innovation trends, shares results and use cases from our research and provides practical recommendations for companies looking to get started.
IP portfolio screening and market assessment case study in the healthcare and medical device industry.
Innovation framework implementation case study in the healthcare and life sciences industry.
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Cameron is a consultant at Kalypso focusing on data management and PLM.
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