New business models are required if organizations are going to meet the new norms and new expectations that are impacting every part of the industry. In this chapter, we highlight ideas and innovations that organizations can take to thrive in the years ahead.
Houston Methodist embarked on an ambitious journey to maximize the use of technology to reimagine its workforce model. That includes a virtual ICU, tele-nurses doing patient intake and discharge, and artificial intelligence helping identify staff training needs. It’s resulting in clinicians being able to spend more time at the bedside.
By Tom Robinson and Roberta Schwartz
Value-based contracting has been hindered for pharmaceuticals. What’s needed is an approach that removes unpredictability and mitigates risk for everyone involved. A warranty structure may fit the bill.
By Don Creighton, Nico Economides, and Eddie Albers