There is one session available:
There is one session available:
Innovating in Health Care
About this courseSkip About this course
Health care spending, quality, and access continue to plague America and global nations alike. With U.S. health care costs trending toward $4 trillion in 2020, the need to innovate and create smart, viable business plans is more important than ever before.
Innovating in Health Care (IHC) explores how creating successful global business ventures in health care will not only improve access, but also better meet the needs of consumers and societies. The course focuses on a framework of evaluating and crafting business models that attain alignment between an entrepreneurial health care venture and the six factors that critically shape new health care ventures—structure, financing, regulations, consumers, accountability, technology, and public policy. Innovating in Health Care discusses the impact of these factors on business models for three different kinds of innovations: consumer-focused, technology-driven, and integrations which create scale.
Through lectures, insights from global health care innovators, and real-world case examples, learners will explore the challenges and decisions facing real entrepreneurial health firms and how to analyze each situation through the IHC framework. By the end of the course, you will understand how to evaluate opportunities and how to apply elements of successful business models for different kinds of health care innovations.
The course is offered in two formats: an open, online experience and a limited, team-based deep dive experience, where teams (self-assembled or newly created online) can produce actual business plans evaluated by peer teams and the IHC course instructors.
At a glance
- Institution: HarvardX
- Subject: Business & Management
- Level: Intermediate
Knowledge of financial accounting
- Language: English
- Video Transcript: English
What you'll learnSkip What you'll learn
- How innovation in health care can improve cost, quality, and access
- The six factors that critically shape competitive strategies for innovative health care ventures
- What other elements combine to create a feasible business model for an innovative health care venture
- How to distinguish the key to successful innovations from those likely to fail
- How to apply the IHC framework to evaluate business models across different kinds of innovations
- How to craft your own business plan for your next innovation venture
Learner testimonialsSkip Learner testimonials
Philips Research has been leveraging the framework by Prof. Herzlinger—Innovating in Health Care—to create effective care innovation. We have designed an innovative business model and assessed the potential business venture for telemonitoring patients with chronic diseases, supported by the information from the course on edX. We are grateful for the first-class knowledge that was not constrained by time or space.
Andrija S. Grustam, Philips Research Population Health Research Scientist
About the instructors
More about this courseSkip More about this course
HarvardX Honor Code
HarvardX requires individuals who enroll in its courses on edX to abide by the terms of the edX honor code. HarvardX will take appropriate corrective action in response to violations of the edX honor code, which may include dismissal from the HarvardX course; revocation of any certificates received for the HarvardX course; or other remedies as circumstances warrant. No refunds will be issued in the case of corrective action for such violations. Enrollees who are taking HarvardX courses as part of another program will also be governed by the academic policies of those programs.
HarvardX Nondiscrimination/Anti-Harassment Statement
Harvard University and HarvardX are committed to maintaining a safe and healthy educational and work environment in which no member of the community is excluded from participation in, denied the benefits of, or subjected to discrimination or harassment in our program. All members of the HarvardX community are expected to abide by Harvard policies on nondiscrimination, including sexual harassment, and the edX Terms of Service. If you have any questions or concerns, please contact firstname.lastname@example.org and/or report your experience through the edX contact form.
HarvardX Research Statement
HarvardX pursues the science of learning. By registering as an online learner in an HX course, you will also participate in research about learning. Read our research statement to learn more.