Health Care Innovation
MGT 502
Course Description:
Health Care is constantly evolving. Wave after wave of new technologies, insurance models, information systems, governmental regulations, genetic discoveries, and institutional arrangements continuously pummel the healthcare system. Entire organizations in health care are devoted either to promoting innovations (selling the latest drug, imaging system, medical device, software package, or Internet site) or to preventing innovations from disrupting the status quo (by counter-detailing, keeping drug reps away from doctors, requiring certificates of need, or disallowing reimbursement). Successful innovation hinges on numerous factors, including serendipity of discovery, wise paths taken in the past, investment decisions in the present, a vision of the future, and access to new technologies via mergers and acquisitions and strategic alliances. These factors manifest themselves in terms of favorable market structures, the possession of key resources and capabilities, and successful ties with other organizations upstream and downstream in the value chain. This course focuses on the current state of innovation within the Healthcare Industry worldwide with very specific emphasis on the state of Healthcare Innovation in the U.S. Health care innovation promises to enhance our health and quality of life significantly. Of that, there is no question. Fundamental uncertainties remain about the path that innovation will take. Within this course, we will explore these uncertainties.
2 Credit(s)
Faculty:
- Michael Burcham (View Profile)
Subject Area(s):
- Health Care
Program(s):
- Health Care MBA
- MBA
Please Note: Not all courses are scheduled each semester. Complete class schedules are available upon enrollment.
