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Why unlikely partnerships will spark the health-care revolution

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Finding better, cheaper, faster ways to deliver care

At 18 percent of GDP, the U.S. health-care system is unsustainable in its current form. Collectively, we must find better, cheaper, faster ways to deliver care that meets the needs of patients and payers. Simultaneously, the physical, digital and biological worlds are merging, radically changing how we live and connect in all areas of our lives. The race is on to disrupt health care, both through system reform and scientific innovation.

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Biotherapeutics, including immunotherapy, organ transplant and regenerative medicine, are blurring the lines between production by manufacturers and delivery by clinics and hospitals. Traditional manufacturing industries will need to merge with biological providers. A strong opportunity also exists in all parts of the supply chain.

The importance of partnerships

Amid our excitement about the future of medicine, however, we recognize two things: 1) Disruptive innovation in health care will emerge from our blind spots, and 2) we must seek partners who can help us see the whole picture.

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Now more than ever, stakeholders must reach beyond organizational boundaries to create significant medical progress and a sustainable, patient-centered health-care system. With many complex challenges to solve, patients are counting on the combined problem-solving power of seasoned industry leaders and visionary neophytes. We need both to quickly move from innovation to patient impact.

https://www.cnbc.com/amp/2018/02/27/mayo-clinic-uncommon-alliances-will-spur-health-care-revolution.html