Healthcare in 2020 and beyond

McKinsey

In this video, Penny Dash and Shubham Singhal, two leaders of McKinsey’s Healthcare Systems & Services Practice, reflect on how COVID-19 is transforming the healthcare industry. Insights on Healthcare Systems & Services

The next wave of healthcare innovation: The evolution of ecosystems

McKinsey

How healthcare stakeholders can win within evolving healthcare ecosystems. Insights on Healthcare Systems & Services

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Envisioning healthcare after COVID-19: An interview with Ara Darzi

McKinsey

The surgeon and former health minister discusses ways for healthcare systems, in the United Kingdom and elsewhere, to go from providing a “sickness service” to delivering a “health and well-being service.”. Insights on Healthcare Systems & Services

Women in the healthcare industry

McKinsey

To see how the healthcare sector stacks up on gender equality, we look at employee experiences, policies, and the effectiveness of industry programs intended to promote diversity and inclusion. Insights on Healthcare Systems & Services

Consumer decision making in healthcare: The role of information transparency

McKinsey

Insights on Healthcare Systems & ServicesWhen armed with transparent information, consumers are likely to make different decisions. These decisions include choosing a different provider, often considering reputation, quality, and costs.

Promoting an overdue digital transformation in healthcare

McKinsey

Research from over 30 countries offers insight into providing digital healthcare, including practical steps for key stakeholders. Insights on Healthcare Systems & Services

Transformative healthcare growth through diversification

McKinsey

Insights on Healthcare Systems & ServicesFive lessons to consider when moving beyond your core business.

Healthcare Industry — The Rise of Vertical Integration

Tom Spencer

In recent years, players in the healthcare industry have strived to create more effective systems in order to improve overall patient outcomes. This approach can promote collaboration, reduce costs, and increase focus on providing effective healthcare solutions that meet patient needs.

Seven Healthcare Industry Trends to Watch in 2020

McKinsey

What issues will matter for the healthcare industry in the United States through the year and into the 2020s? Insights on Healthcare Systems & Services

Healthcare consumerism today: Accelerating the consumer experience

McKinsey

McKinsey’s latest research shows that consumer engagement in healthcare continues to grow, but many payers and providers are struggling to meet changing needs and demands. Insights on Healthcare Systems & Services

Wearable Technology in Healthcare

Tom Spencer

2 As questions on how to rein in increasing healthcare costs continue to mount, and politicians focus on passing legislation and targeting the pharmaceutical industry, a possible solution may be wearable health devices. Wearable Devices in the Healthcare Industry.”

The productivity imperative for healthcare delivery in the United States

McKinsey

Healthcare is a key component of the US economy, but healthcare spending increases consistently outstrips GDP growth. Improving productivity in healthcare delivery could change this dynamic without harming patient care. Insights on Healthcare Systems & Services

The era of exponential improvement in healthcare?

McKinsey

Insights on Healthcare Systems & ServicesTechnology-driven innovation holds the potential to improve our understanding of patients, enable the delivery of more convenient, individualized care—and create $350 billion–$410 billion in annual value by 2025.

Digitizing healthcare—opportunities for Germany

McKinsey

Society is aging and healthcare costs keep rising. Insights on Healthcare Systems & ServicesBy digitizing the system, health services can be provided at lower cost and higher quality. A new study reveals the areas for and extent of potential improvements.

To succeed in a healthcare transformation, focus on organizational health

McKinsey

In transformations, healthcare providers and payers must attend to their organizational health, not just their short-term performance. Insights on Healthcare Systems & Services

Helping US healthcare stakeholders understand the human side of the COVID-19 crisis: McKinsey Consumer Healthcare Insights

McKinsey

Healthcare stakeholders on the front lines of the COVID-19 pandemic must understand not only the disease itself, but also consumers’ questions, concerns, and behaviors. Insights on Healthcare Systems & ServicesOur recent rapid-research effort in the US provides some early insights.

Private equity opportunities in healthcare tech

McKinsey

Although private equity firms have been hesitant to invest in healthcare tech, they have reason to invest in promising targets now. Insights on Private Equity & Principal Investors

Adapting healthcare to COVID-19: An interview with the CEO of Boston Medical Center

McKinsey

Insights on Healthcare Systems & ServicesKate Walsh shares how Boston Medical Center, New England’s largest safety-net hospital, has had to adapt to the pandemic—and why there’s no going back.

New models of healthcare

McKinsey

Healthcare systems are struggling to meet the evolving needs of patients. Yet there are promising emerging delivery models. Our Insights

Transforming healthcare with AI: The impact on the workforce and organizations

McKinsey

Artificial intelligence (AI) has the potential to transform how healthcare is delivered. It can support improvements in care outcomes, patient experience and access to healthcare services. Insights on Healthcare Systems & Services

From “wartime” to “peacetime”: Five stages for healthcare institutions in the battle against COVID-19

McKinsey

Healthcare has found itself tested by the pandemic. The frontlines are delivering heroically, but the next normal for healthcare will look nothing like the normal we leave behind. Insights on Healthcare Systems & Services

Understanding the impact of unmet social needs on consumer health and healthcare

McKinsey

Insights on Healthcare Systems & ServicesIncome, employment, education, food security, housing, transportation, safety, and social support are all factors that affect health and well-being.

AI in healthcare: Microsoft’s Kevin Scott on how tech can treat a pandemic

McKinsey

Machine learning to develop vaccines faster; wearable devices to detect illness sooner: the COVID-19 pandemic could spark significant innovations in healthcare technologies. Artificial Intelligence

‘Test and listen’: Microsoft’s Jim Weinstein on healthcare tech

McKinsey

In this podcast excerpt, Microsoft Healthcare’s head of innovation shares his thoughts on what technology can and can’t do in the healthcare space. Insights on Healthcare Systems & Services

The evolution of healthcare-provider profit pools

McKinsey

Insights on Healthcare Systems & ServicesWhy nonhospital-provider segments are primed for growth—and why that matters.

Picking winning strategies to improve healthcare productivity: An interview with Jim Weinstein

McKinsey

Jim Weinstein, the senior vice president for Microsoft Healthcare, discusses his perspectives on how to create a sustainable health system and how technology can help healthcare stakeholders improve productivity. Insights on Healthcare Systems & Services

The silent shapers of healthcare services

McKinsey

The US healthcare services industry is at a tipping point, but who—or what—is driving the undercurrents of change? Insights on Healthcare Systems & Services

Performance transformation: Opportunities for healthcare payers

McKinsey

With increasing affordability pressure, finding opportunities to continuously improve performance is critical for healthcare payers. Insights on Healthcare Systems & Services

Blockchain in Healthcare: Possibilities and Limitations

Tom Spencer

The blockchain revolution continues…next stop: healthcare! Blockchain has shown the ability to streamline and revolutionize a number of industries and sectors and its ability to have a sizeable impact on the healthcare industry will be no different.

Fit for the future: The common challenges facing healthcare systems—and how to meet them

McKinsey

Insights on Healthcare Systems & ServicesAcross the developed world, health systems must adapt to aging populations, changing patient needs, and advances in technology that could both reduce costs and revolutionize clinical care.

System 105

Role of Big Data in Healthcare

Tom Spencer

The healthcare industry generates a large amount of data. healthcare system held over 150 exabytes of data back in 2012, and will soon reach a yottabyte (10 24 gigabytes). The amount of data associated with a patient’s healthcare is not only overwhelming, but also diverse.

Future of Healthcare: Virtual and Augmented Reality

Tom Spencer

Currently engineers, physicians, other healthcare providers, and educators are working to create innovative ways to apply these immersive technologies in order to transform clinical teaching and practice. The main focus of any change to healthcare is to improve patient outcomes.

For better healthcare claims management, think “digital first”

McKinsey

Insights on Healthcare Systems & ServicesAlthough end-to-end digital claims management is still a distant vision, much can be gained from digitizing portions of the claims process today.

Healthcare Paradigm Shift: Emphasis on Outpatient Care

Tom Spencer

2 Healthcare consumerism continues to increase as patients are bearing more of the burden of their healthcare costs especially with more and more individuals choosing to enroll in high deductible health plans. Modern Healthcare , 27 Jan. Healthcare outpatient services

Healthcare Branding: The Need for a Strong & Unique Brand

Tom Spencer

In contrast, the modern day healthcare marketplace is much more competitive. So, with that being said, what are hospitals, health systems, and healthcare companies doing to build a strong brand and develop a clear and distinct position in the market?