“During a time of tremendous change and uncertainty, Healthcare Disrupted gives executives a framework and language to determine how they will evolve their products, services, and strategies to flourish in a increasingly value-based healthcare system. Using a powerful mix of real world examples and unanswered questions, Elton and O’Riordan lead you to see that ‘no action’ is not an option―and push you to answer the most important question: ‘What is your role in this digitally driven change and how can your firm can gain competitive advantage and lead?’”― David Epstein, Division Head, Novartis Pharmaceuticals “Healthcare Disrupted is an inspirational call-to-action for everyone associated with healthcare, especially the innovators who will develop the next generation of therapeutics, diagnostics, and devices.”― Bob Horvitz, Ph.D., David H. Koch Professor of Biology, MIT; Nobel Prize in Physiology or Medicine “In a time of dizzying change across all fronts: from biology, to delivery, to the use of big data, Health Disrupted captures the impact of these forces and thoughtfully develops new approaches to value creation in the healthcare industry. A must-read for those who strive to capitalize on change and reinvent the industry.”― Deborah Dunsire, M.D., president and CEO, FORUM Pharmaceuticals Healthcare at a Crossroad: Seismic Shifts, New Business Models for Success Healthcare Disrupted is an in-depth look at the disruptive forces driving change in the the healthcare industry and provides guide for defining new operating and business models in response to these profound changes. Based on original research conducted by Accenture and years of experience working with the most successful companies in the industry, healthcare experts Jeff Elton and Anne O’Riordan provide an informed, insightful view of the state of the industry, what's to come, and new emerging business models for life sciences companies play a different role from the past in to driving superior outcomes for patients and playing a bigger role in creating greater value for healthcare overall. Their book explains how critical global healthcare trends are challenging legacy strategies and business models, and examines why historical leaders in the industy must evolve, to stay relevant and compete with new entrants. Healthcare Disrupted captures this pivotal point in time to give executives and senior managers across pharmaceutical, biopharmaceutical, medical device, medical diagnostics, digital technology, and health services companies an opportunity to step back and consider the changing landscape. This book gives companies options for how to adapt and stay relevant and outlines four new business models that can drive sustainable growth and performance. It demonstrates how real-world data (from Electronic Medical Records, health wearables, Internet of Things, digital media, social media, and other sources) is combining with scalable technologies and advanced analytics to fundamentally change how and where healthcare is delivered, bridging to the health of populations, and broadening the resposibility for both. It reveals how this shift in healthcare delivery will significantly improve patient outcomes and the value health systems realize.
It's too bad I spent almost two years going through this book. Covid changed many things, including speeding up the healthcare disruption; consequently, this book looks like it was written five years ago and not 3. However, it's an interesting read; probably if you are already involved in the healthcare transformation, you are already aware of many things written in this book. On the other side, this book is very technical, so not an easy read for everyone.
This book did nothing for me. Reading it made me feel like Bill McNeal in the episode of NewsRadio where he interviews the person who confidently asserts that the future is in "computers". Anyone with a passing understanding of the current challenges facing the healthcare system and the solutions that have been posed won't learn anything new from this book.
The book is great to provide an overview of the forces that are impacting the healthcare system and its rising costs e.g. aging populations, shift to digital, focus on value rather than volume. It also discusses some of the potential outcomes that we could see in the near future. However, I think the book was very very repetitive. It could have been written in 1/3 of the length.
One of the key take aways was around the four emerging healthcare models in chapters 4,5,6 & 7.
Good overview of where the healthcare industry seems to be going. Did feel a little too big picture/high level without enough call to action to the individual working within these industries (e.g. you'll need data scientists for advanced analytics, but not describing any specific analytics each disruptor should engage in). That said, for the most part it delivered on it's purpose
Maybe this would be more interesting with an updated edition for how things did not go as foreseen. Companies went bust, global expansion drove many examples which are unlike healthcare, and value works at the upper echelon of wealth but seems to cause poor health system experiences down the chain.
Very heavy to the point of distraction on selling Accenture, but overall a decent if somewhat superficial overview of the challenges and opportunities in the healthcare market.