Executive summary
The healthcare industry has undergone massive disruption on multiple fronts. Legislative pressures place a renewed emphasis on reducing healthcare costs, while improving care outcomes. Providers, payers, and life sciences companies face increasing competition from both new entrants, and global juggernauts looking to expand their presence in healthcare. Furthermore, the rapid adoption of EHRs, as well as the proliferation of wearables and mobile health applications, has created an explosion of health data—creating new opportunities for healthcare companies and their competitors. The winners will be those who can quickly drive innovation at scale. As a result, this industry transformation has put a renewed focus on business agility.
In response to disruption, healthcare enterprises have leaned more than ever on IT to help them transform their operating models, improve patient engagement, and support new models of care. As competition in the healthcare ecosystem increases, driving innovation along these focus areas has become a prerequisite for continued growth. Doing so, however, is easier said than done.