Tuesday, January 13, 2009

Article on various disruptive innovations in healthcare by Maureen Glabman (reference to Clayton Christensen's theory)


The article describes various disruptive trends in healthcare based on Clayton Christensen's theory on Disruptive Innovation.  It also mentions Medical Tourism and digs in deeper into the reaction of local hospital chains to insurer's providing medical tourism as on option. The author mentions the example of a local self-insured company that offered a low cost option to its employees using an Aetna plan.  The local hospitals in reaction, lowered their price to meet the Singapore price.  There appear to be a number of barriers, backlash and fear dealing with medical tourism which include costs of complications, extended stay, political instability and lack of legal recourse if a procedure goes wrong. A lot of these risk could hit the employer providing this option. The author cites literature that shows more than 100 employers and insurance companies have already included medical tourism in their programs reaching savings of 90%.

http://www.managedcaremag.com/archives/0901/0901.disruptive.html