These days it would be hard to name an industry that hasn’t been impacted by innovative technology resulting in greater efficiency, convenience, and affordability. Health care, however, seems to be the exception. While health care keeps getting costlier, patient outcomes have gotten worse and management of chronic conditions such as diabetes are now responsible for 80% of total spending.
A recent article by Christensen in the Harvard Business Review (November 2017) examines the current business model and introduces ideas of how “disruptive innovation” in health care can drive down costs, improve health outcomes, and eventually help consumers play a more active role in their own health.
Photo Credit: Harvard Business Review Article
