By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Four Health Innovation Drivers
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Global Healthcare > Four Health Innovation Drivers
BusinessGlobal HealthcareMedical InnovationsTechnology

Four Health Innovation Drivers

Caroline Popper
Caroline Popper
Share
4 Min Read
Four Health Innovation Drivers
SHARE

In a previous blog post reporting in after the 2012 AusMedTech (Australia Medical Technology) conference, we discussed the need for healthcare technology companies to quickly demonstrate how their innovations add value.

In a previous blog post reporting in after the 2012 AusMedTech (Australia Medical Technology) conference, we discussed the need for healthcare technology companies to quickly demonstrate how their innovations add value.

My presentation at AusMedTech stressed four important elements that are driving the industry now, and that will continue to do so over the next decade. We believe that addressing each of these areas – as outlined below by me and my colleague Ken Walz – will be vitally important as healthcare innovators seek to demonstrate the value of their technologies.

Four Health Innovation Drivers

More Read

PQRS: Alphabet Soup with Little Meaning
Medicare Is Lousy Insurance
Digital Health Summit: Should it be Advancing or Aligning Innovation?
Healthcare Spending: Administrative Costs out of Control
Best Hospital Lists: Rating the Rankers

Imperative of operational efficiency

Caroline: Cost constraints in both developed and developing countries are making efficient operations a requirement. Emerging markets and non-healthcare industries like manufacturing or hospitality are more quickly embracing methods that enhance efficiency; we could learn much from them.

Ken: There’s been a greater scrutiny of inefficiencies in healthcare in the past few years. This has led equally intense efforts to develop disruptive innovations in healthcare (for example, smartphone monitoring, or a consumer healthcare ranking system). What’s encouraging is that more life science and healthcare organizations are working to develop and incorporate these disruptive innovations into their operations.

Importance of the consumer

Caroline: Consumer power is only going to grow, fueled by smartphones and more widespread internet access. Consumers are demanding more transparency and they are comparison shopping. This will encourage more consumer-oriented companies to enter the healthcare market; new methods of reaching, educating, and retaining consumers will be crucial to success.

Ken: We have focused on the issue of growing consumer power in previous posts, such as a recent entry by Caroline chronicling the demystification and democratization of healthcare. Consumers will be less willing to accept inefficient healthcare delivery, especially as their other consumer experiences become more efficient and convenient.

New biological insights

Caroline: Genomic sequencing and other new tools have helped us understand biology like never before. Genomics, in particular, opened the door to personalized treatments. Understanding proteins and cellular functions is also providing critical insights. The lightning-fast pace of discovery in this area is showing no signs of slowing down; hence our significant focus on and interest in this area.

Technology

Caroline: Information technology makes healthcare information delivery possible—it also enhances services and is the bedrock of the consumer power revolutionizing healthcare. Technology that was developed for other industries has become incorporated into healthcare. This is what led us to add Paul Sonnier to our team as head of Popper and Company digital health strategy.

Ken: This application of technologies from other industries goes hand in hand with business models, also borrowed from other industries, which are now applied to healthcare. Leveraging these ideas and technologies can maximize return on investment, which goes back to improving operational efficiency.

Do you think these four points are the key healthcare technology drivers today? Are there others? How willing is the industry to accept “outside” technologies and ideas? Share your thoughts with us.



TAGGED:health innovationHealthcare Innovation
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Epidemiological Health Benefits
Personal and Epidemiological Health Benefits of Blood Pressure Management
Health
October 13, 2025
Traumatic Brain Injuries
Understanding Traumatic Brain Injuries: What Families Need to Know
Policy & Law
October 10, 2025
Remote Monitoring touchpoints
Remote Monitoring Touchpoints Patients Will Actually Follow
Technology
October 9, 2025
dental care
Importance of Good Dental Care for Health and Confidence
Dental health Specialties
October 2, 2025

You Might also Like

Handwashing and Social Media

August 18, 2012

Gawande’s Kitchen

August 22, 2012
global demand for cosmetic surgery
Global HealthcareSpecialties

The Persistence of Demand for Cosmetic Procedures

May 15, 2014
Image
eHealthHome HealthMedical DevicesNewsTechnology

Mobile Health Around the Globe: Healthcare Technology in the 21st Century

January 14, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?