4 Ways Health Care Providers Can Address Disruption

Digital disruption is rapidly changing the health care industry, and health care providers must take action to keep up with consumer demands and remain competitive. While the traditional continuous improvement approach has been successful, it may no longer be enough to keep pace with the speed of technological advancements. Instead, health care providers can adopt a dedicated innovation program to build a culture of innovation within the organization, participate in government-funded initiatives for innovation, or acquire smaller disruptive companies to infuse innovation into their own organization. Each approach has its benefits and drawbacks, and which one to choose depends on the provider's unique situation and approach to innovation.