The Siren Call for Business Model Innovation in Healthcare

This essay explores the necessity and return on investment for business model innovation in Canada's healthcare system, questioning the traditional approach of rapid product development. It highlights the pressing need for innovative solutions to address the challenges posed by an aging population, with one-third of Canadians over 65 years of age managing multiple chronic conditions (Statistics Canada 2024). The discussion aims to redefine healthcare innovation strategies to enhance healthcare delivery and sustainability.

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Publication Details

Journal
Healthcare Quarterly
Published
2024-10-31
DOI
https://doi.org/10.12927/hcq.2024.27492
Primary Topic
Pharmaceutical Economics and Policy
Type
article
Field-Weighted Citation Impact
0.00
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article

The Siren Call for Business Model Innovation in Healthcare

Neil Seeman
Healthcare Quarterly
Pharmaceutical Economics and Policy
article

The Siren Call for Business Model Innovation in Healthcare

Neil Seeman
article en

Abstract

This essay explores the necessity and return on investment for business model innovation in Canada's healthcare system, questioning the traditional approach of rapid product development. It highlights the pressing need for innovative solutions to address the challenges posed by an aging population, with one-third of Canadians over 65 years of age managing multiple chronic conditions (Statistics Canada 2024). The discussion aims to redefine healthcare innovation strategies to enhance healthcare delivery and sustainability.

Healthcare QuarterlyVol. 27(3)
Institute of Health Services and Policy Research (CA)
Industry, innovation and infrastructure
Openalex Percentile: Top 71%
Pharmaceutical Economics and Policy
DOISourceOpenAlex
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The Siren Call for Business Model Innovation in Healthcare — Neil Seeman · Healthcare Quarterly (2024) | TGRS Research Map | TGRS