The 3 Forces Reshaping Healthcare

The 3 Forces Reshaping Healthcare

The 3 Forces Reshaping Healthcare

The US healthcare system has already undergone significant change as a result of the COVID-19 pandemic and the current economic climate.

Three primary forces will continue to transform it: talent, technology and legal, social, demographic, environmental, and regulatory trends.

1. TALENT

The healthcare workers of the future will need to evolve into skilled workers who have the knowledge, attitudes and competencies to win the 4th industrial revolution. That will mean reskilling, lifelong learning and an emphasis on skills, not credentials.

The higher education model will change, professional schools, like medical schools will change and how industry and governments model and support workforce development will change. White males without college degrees will be a particularly attractive political target.

Here is a glimpse into the future of sickcare work.

2. TECHNOLOGY

All of us have already experienced the impact of information and communications technologies on how we access and use medical services, most noticeably telemedicine and remote patient monitoring. Look for the invention, dissemination and implementation of others that will deliver user and stakeholder defined value.

Artificial intelligence is the latest shiny new object.

3. TRENDS

We live under volatile, uncertain, complex and ambiguous conditions. We cannot predict the future. Consequently, the winners and losers will be defined by those who are best at responding to the inevitable environmental changes and their potential impact creating user defined value through the deployment of innovation using a VAST business model.

Here are some tips on how to bridge the now and the new.

The pandemic, social unrest, and depressed economy are requiring leaders to be especially sensitive to the impact of their words and actions on others. In this article, the authors describe four categories of training programs that leaders or leadership teams can use to help them overcome their blind spots.

Marcus Aurelius—who, as an emperor, had more control over his environment than most—was also the pen behind these lines: “You have power over your mind – not outside events. Realize this, and you will find strength.”

Don't be the one who turns out the lights for the last time because you just didn't see it coming.

Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs

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  • Ryan Lakie

    Well said Dr

  • Steve Varso

    Good article

  • Christopher Hill

    Thanks for sharing your thoughts with us.

  • Anne S

    Informative

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Arlen Meyers, MD, MBA

Healthcare Expert

Arlen Meyers, MD, MBA is a professor emeritus of otolaryngology, dentistry, and engineering at the University of Colorado School of Medicine and the Colorado School of Public Health and President and CEO of the Society of Physician Entrepreneurs at www.sopenet.org. He has created several medical device and digital health companies. His primary research centers around biomedical and health innovation and entrepreneurship and life science technology commercialization. He consults for and speaks to companies, governments, colleges and universities around the world who need his expertise and contacts in the areas of bio entrepreneurship, bioscience, healthcare, healthcare IT, medical tourism -- nationally and internationally, new product development, product design, and financing new ventures. He is a former Harvard-Macy fellow and In 2010, he completed a Fulbright at Kings Business, the commercialization office of technology transfer at Kings College in London. He recently published "Building the Case for Biotechnology." "Optical Detection of Cancer", and " The Life Science Innovation Roadmap". He is also an associate editor of the Journal of Commercial Biotechnology and Technology Transfer and Entrepreneurship and Editor-in-Chief of Medscape. In addition, He is a faculty member at the University of Colorado Denver Graduate School where he teaches Biomedical Entrepreneurship and is an iCorps participant, trainer and industry mentor. He is the Chief Medical Officer at www.bridgehealth.com and www.cliexa.com and Chairman of the Board at GlobalMindED at www.globalminded.org, a non-profit at risk student success network. He is honored to be named by Modern Healthcare as one of the 50 Most Influential Physician Executives of 2011 and nominated in 2012 and Best Doctors 2013.

   

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