The healthcare industry is facing new challenges.
In the past, healthcare was a stable industry with a few established business models.
Today, the healthcare industry is in flux, and Legacy business models cannot maintain growth or defend market share.
Leaders are under pressure from:
Tech-enabled disruption
Demographic trends
Payment reform
Leaders are looking for a new competitive advantage.
This model “opens” the organizational boundaries to create a two-way flow of ideas, expertise, technology, and resources between internal & external partners.
Successful practitioners use a portfolio of joint ventures, spin-outs, and IP licensing to lower their costs & capitalize on more opportunities.