New Research & Insights Informing the Business of Healthcare
Health Management, Policy and Innovation (HMPI) — an independent, peer-reviewed, open-access journal — features actionable, business-based insights to address challenges faced by healthcare organizations worldwide. Published by the Business School Alliance for Health Management (BAHM), HMPI invites original translational research papers, analyses, and commentaries that are written by and for industry practitioners, policymakers, faculty, students, and journalists.
We solicited papers to address timely topics at the forefront of discussions and decision-making in health management research, policy, education, and practice. This issue focuses on solutions that address escalating costs, administrative complexities, and pathways to bring innovations to market.
Inefficiency is Human: Engineering a More Productive Hospital System
David Scheinker, Andrew Shin, and Rick Majzun, Lucile Packard Children’s Hospital, Stanford University
New research demonstrates that hospitals could improve their productivity by adopting the aviation industry model of integrated optimization across all their operations.
Developing a Computable Payer-Provider Contract
Lauren Bilbo, Elman Amador Medina, Klara Klarowicz, Dashiell Miner, David Scheinker, Stefanos Zenios, and Kevin Schulman, Stanford University
The authors propose a framework for transitioning from the highly complex U.S. healthcare agreement structure to a computable, modular contract system that encourages efficiencies and novel insurance solutions.
Anna-Lena Brecher, Lena Kraft, Linea Schmidt, Anne Sophie Platzbecker, Ariel D. Stern, and Volker E. Amelung; University of Hannover, University of Potsdam, Ichan School of Medicine at Mount Sinai
Germany’s pioneering authorization and reimbursement process for digital health applications could serve as a model for the U.S. and other markets. This analysis outlines adjustments to help strengthen provider, payer, and patient buy-in.
Uncovering Barriers to Translation: Findings from the Medical Valuation Laboratory
Stephen T. Parente, Jessica Haupt, and Molly Dube, University of Minnesota
A University of Minnesota innovation assessment initiative demonstrates that structured early-stage business and market evaluation meaningfully predicts which medical technologies are most likely to succeed commercially.
CAR-T Therapy: Escalating Costs in an Expanding Market
Tanner Dane Pulice and Kevin Schulman, Stanford University
Manufacturing and hospital pricing incentives have led to persistently high and rising wholesale acquisition costs (WAC) for CAR-T cancer therapies, raising broader questions about affordability, value, and sustainability in innovation.
Does Administrative Staffing Improve Hospital Profitability?
Jeffrey Helton, University of Colorado at Denver Business School
Non-revenue producing administrative overhead is affecting hospitals already challenged by decreasing revenues and increasing operating expenses.
The Business of Health Care: Navigating Change
Karoline Mortensen, Steven G. Ullmann and Richard Westlund, University of Miami
The University of Miami Herbert Business School’s 15th annual business of healthcare conference convened the leaders of major U.S. industry organizations to discuss the impacts of new AI tools, costs and affordability, and the politics of healthcare.
Regina (Regi) Herzlinger, the first woman tenured and chaired at Harvard Business School, is the Nancy McPherson Professor of Business Administration at HBS. “Regi’s ‘Innovating in Healthcare’ Cases,” a regular HMPI feature, highlights teaching materials focused on healthcare innovation. In this issue, we focus on Innovation and Adversity: The Implementation of a Unified Electronic Health Record for U.S. Veterans. Read More