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HBR IdeaCast

Making Health Care More Consumer-Driven

HBR IdeaCast

Harvard Business Review

Hbr, Finance, Entrepreneurship, Business/management, Harvard, Business/entrepreneurship, Teams, Leadership, Economics, Management, Innovation, Communication, Strategy, Business, Marketing, Business/marketing

4.31.9K Ratings

🗓️ 9 April 2015

⏱️ 13 minutes

🧾️ Download transcript

Summary

Regina Herzlinger, Harvard Business School professor, talks about how to dismantle the barriers to innovation in care delivery.

Transcript

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0:00.0

When leadership advice feels like buzzwords and platitudes, it's time to get real.

0:05.9

HPR's podcast Coaching Real Leaders brings you behind closed doors as Muriel Wilkins coaches anonymous

0:11.9

leaders through raw honest career questions

0:14.6

that we all face.

0:15.9

Listen and follow coaching real leaders for free

0:18.3

wherever you get your podcasts. Welcome to the HBR Idea Cast. I'm Steve Prokesh. Today I'm talking with Harvard Business School

0:35.2

Professor Regina Hertzlinger. She's a leading proponent of the view that innovations

0:40.0

could lower the cost and improve the quality of health care in the United States.

0:44.8

But she contends that big hospital systems are an obstacle to such innovations.

0:49.6

Thank you for joining us, Reggie.

0:51.5

My pleasure. What are the kinds of innovations that you feel could

0:55.2

improve the delivery of health care? So I like to bucket innovations into three categories.

1:05.0

One of them is consumer driven innovation,

1:09.0

which include what's called retail medicine, which are at these clinics that are in convenient locations.

1:17.8

They do things like flu shots, but increasingly they're tending to the very demanding needs of self-care for people who have chronic diseases like diabetes.

1:32.0

Then there is a great boom in urgent care centers and you know what

1:38.9

these do is they free up the hospital emergency rooms for genuine emergencies.

1:46.7

Retail medicine, urgent care, they not only increased convenience,

1:51.1

but they are because they're lower costs they can reduce overall

1:55.9

health care costs. Then there are things like sensing how well you are and the wearable sensor movements where these sensors are knitted into various

2:08.4

fabrics or into watches or other things that you might wear.

2:16.0

That's terrific for again, especially people

...

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