The episode opens with a discussion of widespread virtualization (00:58), as the industry shifts focus from the rapid adoption precipitated by the COVID-19 crisis to operationalization and refinement of the customer experience, particularly as a generation of digital natives move into leadership positions and increasingly utilize healthcare services (03:06). At (06:30) the conversation shifts to business model and partnership innovation trends, as new and existing players look to unlock new opportunities across the value chain and become more agile in how they bring solutions to the marketplace (09:30). Organizations are diversifying their portfolios – pursuing multiple partnerships, working across sectors, and entering new spaces. Accompanying this is an innovation in care models (12:50), as the industry starts to reimagine healthcare as an interconnected ecosystem in response to increasing cost pressures and consumer demands. The healthcare hub model, whether pharmacy, health system, or IDN-driven, could be a key factor in success and sustainability in this new environment (16:05). Driving both the business and care model innovation trends is the industry shift to value as the differentiator (18:03) – the pandemic’s exposure of the risks of the fee-for-service model, the success of early CMS programs, and industry recognition that the system needs to change is likely to accelerate the operationalization and expansion (23:41) of value-based models. Beyond reimbursement, across the industry there is an acknowledgement of whole person care (24:40) – a recognition of the importance of social determinants of health and changing consumer preferences around health and wellness. Technology and data sharing are enabling the personalization of health (28:16) that today’s consumers are starting to demand when it comes to their care experience.
Trending News EU – 19 Jan 2023
Health System Cybersecurity Threats: Will Your Patients Be In The Dark?
Cyberattacks are increasingly plaguing our healthcare system due to the rapid expansion of internet-connected technology, telemedicine, and remote support staff. In 2021, 66% of healthcare organizations were hit by ransomware, costing an average of $10.10 million and resulting in an average duration of 20 days of downtime. Healthcare providers spend less than 5% of their IT budgets on security, making them prime targets for an attack that can cripple clinical operations, presenting risks to patient safety and quality of care. Read how Vynamic partnered with a large, urban health system to map out off-line procedures across clinical and operational departments and prepared senior leaders and the incident response team to mobilize the enterprise in the event of an attack.
Trending News US – January 12, 2023
Building an Industry-Changing Patient Innovation Hub
Patient centricity is no longer a buzzword. It’s redefining how the pharmaceutical industry operates. Watch how Vynamic strategically partnered with a large, global pharmaceutical company to stand up a patient innovation hub aimed at producing patient-focused solutions that would enable improved patient outcomes.
Enabling Team Performance Through Strategy, Culture, & Operating Model Design
Navigating changes in structure and responsibilities can present operational and cultural challenges for a team. Read how Vynamic partnered with a Global Pharmaceutical company’s centralized medical evidence generation and data dissemination team to support their evolution over several months, bringing clarity to the client’s complex challenges and helping them bond, create a new vision and strategy, and adapt to changes in their remit.
- Life Sciences
2023 Healthcare Industry Trends
2023 Healthcare Industry Trends
Emergence from a global pandemic is setting the stage for an eventful 2023 as powerful forces challenge the healthcare industry to modernize their businesses. Learn more about the top trends our team of experts expects will shape the healthcare industry this year.
Spotlight Trends: Healthcare Technology – Dec 15, 2022
Spotlight Trends: Life Sciences – Dec 8, 2022
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