HEALTH CARE INNOVATION

Health Care Innovation



Abstract

Innovation is the successful application of new ideas, techniques, methods and technologies in order to produce some measure of positive benefit over incumbent concepts. Innovation involves using creativity to produce solutions that differ from the status quo; however, innovation is greater than the act of simply developing new ideas—it is the successful application and the diffusion of these ideas throughout society. The purpose of the healthcare organizations are, treatment, diagnosis, prevention, education, research and outreach. In this paper, we try to focus on the Health care innovation. The paper discuss the following questions: How will it benefit patients or health care? For example, will the innovation improve quality of life?

Discuss if you believe the health care innovation will increase or decrease health care spending.

Is this innovation likely to be a trend in the future? Explain why or why not.

Health Care Innovation

Introduction

This research is going to utilize the qualitative method of research. The data in the study has been collected through both a primary and secondary methodology and both have been used to perform the investigation. The secondary analysis has also been done through researching, studying and reproducing the literature from various articles, journals, cases and available literature.

Discussion

How will it benefit patients or health care? For example, will the innovation improve quality of life?

In today's world private sector is more involved in innovation of new techniques and tools for delivering healthcare. Public sector and Private sector has engaged in delivering the healthcare to the public and healthcare innovation. The future of innovation in healthcare can be greatly improved through the delivery of high quality healthcare experiences which would complement any new technological advances. The private sector has evolved a multi-pronged approach to increase accessibility and penetration. It has tackled the issue of Lifestyle related diseases with the ...