Managing and Improving Healthcare
Faculty Response (9 October 2008)
Many of you talked about prevention as the key to healthcare reform. But over 70% of healthcare costs are spent on chronic disease conditions. What can be done to improve the treatment and cost of chronic diseases?
How applicable is the analogy of manufacturing to the delivery of healthcare? That is, is healthcare a manufacturing process?
What technologies do you think hold the most promise for improving healthcare outcomes?
You are the next president of the United States. To improve healthcare outcomes, would you invest in innovative areas such as stem cell research and creation of new medical devices, or would you spend money to improve the process of healthcare delivery?
Do MBAs have a role to play in the management of this industry given the ethical, regulatory, and public service elements involved?
The Conversation is question- or topic-based dialogue between two conversation leads and our Centennial- site visitors. Every month or so, our conversation leads will pose a question to you, our visitors, to get your thoughts on specific issues in the world of business. The Conversation invites you to join the dialogue, and selections from these responses are made available online.
Robert S. Huckman
Richard G. Hamermesh
Professor of Management Practice
Healthcare Initiative Faculty Chair
Professor Richard Hamermesh is chair of the HBS Healthcare Initiative. And, if you like The Conversation, you may also enjoy What Do YOU Think?, an ongoing dialogue between Harvard Business School professor Jim Heskett and the readers of HBS Working Knowledge.