is notable is because he has applied his successful problem identification model and research (from his well-regarded The Innovator’s Dilemma) to healthcare
Disruption’s three components are: 1) a technology that transforms a technical problem into a simple one; 2) a business model that can take the simplified solution to market at low cost; and 3) a supporting cast of suppliers and distributors whose business models are consistent, which comprise th
value-added processes
Healthcare, like many other services, should always be outcomes-focused
Current hospital business models profit from patients’ illness, rather than wellness
accounting for 70% of all healthcare-related costs,
key points
reimbursement needs to be replaced by true, high-deductible insurance and HSA (health savings accounts), which encourage proactive safekeeping of self rather than treatment of illness after-the-fact.