Innovating in Health Care

Critical Thinking, Innovation, Research and Development, Commercialization

Innovating in Health Care

Find innovation opportunities in health care technology, management, consulting, or investing by examining health care cost, quality, and access.

About this course

Health care spending, quality, and access continue to plague America and global nations alike. With U.S. health care costs trending toward $4 trillion in 2020, the need to innovate and create smart, viable business plans is more important than ever before.

Estimated 9 weeks

6-8 hours per week

Self-paced

Progress at your own speed

Innovating in Health Care (IHC) explores how creating successful global business ventures in health care will not only improve access, but also better meet the needs of consumers and societies. The course focuses on a framework of evaluating and crafting business models that attain alignment between an entrepreneurial health care venture and the six factors that critically shape new health care ventures—structure, financing, regulations, consumers, accountability, technology, and public policy. Innovating in Health Care discusses the impact of these factors on business models for three different kinds of innovations: consumer-focused, technology-driven, and integrations which create scale.

Through lectures, insights from global health care innovators, and real-world case examples, learners will explore the challenges and decisions facing real entrepreneurial health firms and how to analyze each situation through the IHC framework. By the end of the course, you will understand how to evaluate opportunities and how to apply elements of successful business models for different kinds of health care innovations.

The course is offered in two formats: an open, online experience and a limited, team-based deep dive experience, where teams (self-assembled or newly created online) can produce actual business plans evaluated by peer teams and the IHC course instructors.

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What you’ll learn

How innovation in health care can improve cost, quality, and access
The six factors that critically shape competitive strategies for innovative health care ventures

What other elements combine to create a feasible business model for an innovative health care venture
How to distinguish the key to successful innovations from those likely to fail
How to apply the IHC framework to evaluate business models across different kinds of innovations
How to craft your own business plan for your next innovation venture

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Institution: HarvardX
Subject: Computer Science
Level: Introductory
Prerequisites: Knowledge of financial accounting

Langauge: English
Video Transcript: English

About the instructors

Regina E. Herzlinger

Nancy R. McPherson Professor of Business Administration at Harvard University

About the instructors

Margo I. Seltzer

Herchel Smith Professor of Computer Science at Harvard University

Kevin Schulman

Gregory Mario and Jeremy Mario Professor of Business Administration at Duke University

Learner testimonials

Philips Research has been leveraging the framework by Prof. Herzlinger—Innovating in Health Care—to create effective care innovation.

We have designed an innovative business model and assessed the potential business venture for telemonitoring patients with chronic diseases, supported by the information from the course on edX. We are grateful for the first-class knowledge that was not constrained by time or space.

Andrija S. Grustam, Philips Research Population Health Research Scientist

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More about this course

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Ways to take this course

Choose your path when you enroll

Price

Verified Track

$169 usd

Access to course materials

Unlimited

World Class institution and universities

edx suppport

Shareable certificate upon completion

Progress at your own speed

$139

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