...Emerging Influences on US Healthcare and Its Affects Mary K Gano HC MGT 301 Mr. Anderson October 23, 2015 There are some forces evolving in the United States that are creating an impactful change in the healthcare system as we know it. Not only has our access to healthcare improved, but more people are doing their own research and making informed decisions about the type of healthcare they feel is best for them. In addition, the focus on quality is likely to be enhanced because of coordination and aligned incentives. Consumers will control more of their health care dollars and consumers will become more active in their own health care leading to more consumer decision making. There are also changes in the workforce and the availability of individuals to provide the care which also adds to the need for our changing world to become innovative and look at the provision of healthcare from a different lens. As the sweeping transformation in health care takes hold, several representations appear to be taking shape. Each present’s their own challenges and opportunities, but the following represent different points on the spectrum as widespread emerging influences: medical tourism, workforce tsunami, and Program for All-inclusive Care of the Elderly (PACE). Medical tourism is a phenomenon in which patients are seeking healthcare services overseas (Dunn, 2010). Many times insurance firms encourage patients to pursue their healthcare needs in this fashion. There are several...
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...Emerging market report 2007 Disclaimer PricewaterhouseCoopers has exercised professional care and diligence in the collection and processing of the information in this report. However, the data used in the preparation of this report (and on which the report is based) was provided by third-party sources. This report is intended to be of general interest only and does not constitute professional advice. PricewaterhouseCoopers makes no representations or warranties with respect to the accuracy of this report. PricewaterhouseCoopers shall not be liable to any user of this report or to any other person or entity for any inaccuracy of information contained in this report or for any errors or omissions in its content, regardless of the cause of such inaccuracy, error or omission. Furthermore, to the extent permitted by law, PricewaterhouseCoopers, its members, employees and agents accept no liability and disclaim all responsibility for the consequences of you or anyone else acting, or refraining from acting, in relying upon the information contained in this report or for any decision based on it, or for any consequential, special, incidental or punitive damages to any person or entity for any matter relating to this report even if advised of the possibility of such damages. The member firms of the PricewaterhouseCoopers network (www.pwc. com) provide industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders...
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...1- Derive three opportunities and three threats for GSK by first making the PESTEL analysis of the macro-environment surrounding the pharmaceutical industry. (9 points) * PESTEL analysis of the pharmaceutical industry: Political: Since the creation of healthcare insurance, companies have to conform themselves to two kinds of systems: 1) The universal system applied for example in France, with less demand in new technologies. 2) The very selective anglo-saxon system which is looking for high technologies, excluding people who can pay for treatments. As we know the industry have to work on growing political focus on healthcare. Indeed, global governments are looking for healthcare savings especially in this time of economic crisis. Furthermore, as the European Union is trying to harmonize healthcare between its 27 members, pharmaceutical companies will have to introduce reference in pricing and to deal with increasing pressure on pricing. Economic: Due to the context of global economic crisis, the main threat for the industry stands in the reluctance of consumers to spend on healthcare. Like most of the sectors, pharmaceutical industry copes with a reduction in its growth, even if the market perspectives are positive. To emphasize: pharmaceutical growth is following the GDP growth. Social: As the over-65’s consume 4 time more than other citizens, the aged population represents an opportunity for the pharmaceutical companies which will have to respond to increasing...
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...Cheung Kong MBA Thesis Oral Defense Jul 30/31, 2011 Takeda’s Vaccine Business Strategy CKMBA0621 Jenny Jie PENG 彭洁 Agenda 1. 2. 3. Why Vaccines? – – Key Trends – – – – Maximize value of current assets Major Drivers for Growth Why Takeda? Why Vaccines Create Opportunity for Takeda Current pipeline opportunities Short and long term growth potential Capability mapping for future growth How? Roadmap to Establish Takeda’s Global Vaccines Business – – – Opportunities and barriers to entry Strategic roadmap to enter global vaccines market and address capability gaps Proposed action plan Why Vaccine? Vaccine Has Become an Attractive Market • • • Vaccine is the most cost-effective tool for disease prevention and reduction of healthcare costs Investment in partnerships and other deals to develop and manufacture vaccines has been on a tear: dollars in government and non-government grants are bringing – Billionways to develop and manufacture new and improved vaccines better, faster worldwide emphasis on – Rising are purchasing a broader preventive health care: Government and private sector set of modern vaccines – Acceleration of vaccine development since the birth flu, SARS, swine flu – The advent of the first multibillion-dollar vaccines, have further boosted their appeal Vaccines now are viewed as a crucial path to growth, as drug makers look for ways to bolster slowing prescription medicine sales amid intensifying generic competition and government pressure to cut down...
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...experts Emerging Consumer Survey 2015 EMERGING CONSUMER SURVEY 2015_2 Contents 03 Editorial 04 The emerging consumer in 2015 12 A sum of different parts 20 e-Commerce and the emerging consumer 30 Focus on travel 36 Focus on autos 40 Focus on healthcare 46 Brands and the emerging consumer in 2015 62 Brazil: Steady decline continues 64 China: A life online 66 India: New government, strong consumer 68 Indonesia: An under-penetrated market 70 Mexico: Structural potential, cyclical hurdles 72 Russia: Dark clouds gather 74 Saudi Arabia: The petro-dollar 76 South Africa: Reduced optimism 81 About the survey 83 Imprint / Disclaimer For more information, please contact: Richard Kersley, Head of Global Securities Products and Themes, Credit Suisse Investment Banking, richard.kersley@credit-suisse.com Michael O’Sullivan, Chief Investment Officer UK & EMEA, Credit Suisse Private Banking & Wealth Management, michael.o’sullivan@credit-suisse.com COVERPHOTO: ISTOCKPHOTO.COM/XAVIERARNAU, PHOTO: ISTOCKPHOTO.COM/ALIJA 78 Turkey: Subdued but stable EMERGING CONSUMER SURVEY 2015_3 Editorial We are delighted to publish the fifth edition of the Credit Suisse Research Institute’s “Emerging Consumer Survey.” To undertake the project, we have again partnered with global market research firm Nielsen, which has conducted on our behalf nearly 16,000 face-to-face interviews with consumers across nine key emerging economies –...
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...Emerging Economies and Globalization Argosy University Module 5: Assignment 1 LASA 2 BUS6512 Jerome Bates June 4, 2015 Table of Contents Abstract……..………………………………………………………………………………p.3 General Electric Health (History)..…………………………………………………………p.4 Theories Behind the GE Healthcare Move…………………………………………………p.4 International Product Lifecycle.…………………………………………………………....p.5 Comparative Advantage……………………………………………………………………p.6 Possible Pitfall of the Strategy……………………………………………………………..p.8 Solutions to Pitfalls…………………………………………………………………………p.9 HR Strategy in India………………………………………………………………………..p.9 HR Strategy in China……………………………………………………………………….p.10 Training Design (India,China)………………………………………………………………p.10 Conclusion…………………………………………………………………………………..p.11 References………………………………………………………………..…………………p.12 Abstract Untapped markets are not always available, but are out there; the question is, how do you find those markets? How do you tap the untapped? How do you find untapped markets with the proliferation of growth in economies, societies and markets within a world that is becoming a market without defined borders? As companies continue to grow and trade also expands, it now is crucial that MNC’s looking to expand their business, look for growth in a global lens sense. In this essay, the discussion will be just that. How MNC’s can reach untapped markets and expand the growth of their business, most notably, General Electric Health. This has been made possible due to the continuous...
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...Introduction As emerging economies experience growth, they are encountering new challenges in making economic development equitable and sustainable. Increasingly, bringing all parts of society up to minimum standards of living is becoming an issue of social responsibility and political requirement in emerging economies through social security programs. However, emerging economies are facing many constraints in implementing widespread social security programs to affect equality, poverty alleviation, and income security. When considering Social Security for emerging economies, there are two central issues that must be addressed; can emerging economies sustain viable social security systems, and is social security vital to the development of emerging economies. To understand these issues, and possible solutions, it is useful to look towards the established models found in Europe for answers. Social Security To analyze the issue at hand, we must first understand the definition of social security, as the benefits offered by the State and society differ from country to country. For example, Social Security is a narrowly defined program in the United States, which offers supplemental income to those of retirement age at 65 and older. However, in Europe, social security encompasses a slate of programs that provide cash transfers and benefits for the aged, unemployed, ill, and poor. These programs are often manifested in the form of pensions, unemployment benefits, and in many...
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...Pharmaceutical industry outlook: The pharmaceutical industry in India, once considered a defensive player has emerged into one of the highest growth providers for Indian economy. With a growth of more than 17% on year-on-year basis since 2010, the healthcare industry is contributing to about 10% of GDP. During last decade, large global pharmaceutical companies have merged or formulated joint ventures with many Indian companies to tap into emerging markets and take advantage of economical resources as well as higher growth prospects. This led Indian pharmaceutical companies to shift their focus from generics to R&D based business model. Current spending on research and development (R&D) is about 12-15% of revenue - an increase from 5-8% of revenue for the industry a decade earlier. The expanding on R&D is justified with growing aging, newly emerged areas of medical need and the diseases now common across the developing and developed countries due to global warming. Global warming has brought diseases like malaria, cholera, diphtheria and dengue to more developed regions, existing in warmer areas. Similarly, respiratory illnesses like asthma and bronchitis in cooler regions. The number of people with diabetes in developing countries has risen from 84m in 1995 to 228m in 2025. 338m of the people living in the E7 countries (China, India, Russia, Brazil, Mexico, Indonesia and Turkey) are at least 65 years of age, compared with 155m of the people living in the G7...
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...In the United Sates there are barriers to health services that include high cost of care, lacking or no insurance coverage at all, lack of services and lack of competent care in cultural and ethnic aspects. Barriers lead to hindrance gaining proper healthcare such as unresolved health treatment, hold ups in receiving adequate care, reduced preventive medicine services, financial inabilities, and avoidable hospitalizations. Access to care variates based on socioeconomic status, age, sex, disability status, sexual orientation, gender identity, and residential location and, somehow, even race and ethnicity. In America, access to health services surrounds 3 components in regards to coverage, services, and timeliness. Coverage helps patients into the health care system. Lack of coverage or none at all, those in this category are most likely to have poor health status, not likely to receive medical care, delay in diagnoses, and predominant to die early. Optimizing levels of access to health care services ensures a usual and ongoing source of care which leads to having better health outcomes, fewer discrepancies, and lower costs. Primary care managers, PCM, serves as an important source of care. PCMs...
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...July-December, 2013 Business Perspectives and Research Reverse Innovation: A Gift from Developing Economy to Developed Economy Ritu Sinha 1 Abstract In the era of globalization, emerging market economies are surfacing into centers of innovation. These innovations associate with low-cost products like healthcare devices, wind power, micro finance, electric cars and many more. The success of these frugal innovated products enable developed countries to adopt well. Hence, reverse innovation refers to those innovations which are adopted by developing countries first and then by developed countries. These innovative products are a result of cutting edge technology, common sense and ingenious use of local commodities with the price range that is affordable to a huge mass of consumers like Tata's one lakh ($ 1677) car Nano, Nokia's sturdy mobile phones, the Chottu Cool' refrigerator and many more. These products might be conceptualized for the customers at the bottom of the pyramid still not limited by scaled down versions meant for the lower end. This paper is an attempt to evaluate how reverse innovations are possible in emerging markets and how it can unlock business opportunities at a global scale. Keywords Emerging market, frugal, innovation, product reverse, technology 1. Introduction In today's changing and competitive environment, innovation is must for the survival of any kind of business in the marketplace. The primary objective of any business firm is to understand...
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...To put it simply I think the answer is yes, it not only has a future, it more than likely is the future. In order to compete and stay competitive large multi-national companies of all types, not just technology companies will have to forget the old mindset of trying things out in developed countries on wealthier target markets and begin to appeal to the less developed countries in order to capture a those that are currently non consumers. In many cases business leaders will not create business plans that exclude emerging markets, instead, they will often be the test market. These countries will often be the first to get that initial prototype of a product or idea and help company’s hone it’s effectiveness before bringing that product home. Most of this new way of thinking in terms of targeting a larger poorer potential customer base rather than a smaller more affluent demographic will lead those companies that “do it first” the distinct advantage. As a multi-national company, if you can find a market where there are constraints to consumption, find a way to disrupt current innovation in a way that lets you have first access with a product on a large group of people that nobody else is targeting, by the time competitors figure it out, the game will likely already be over. I don’t know that I totally agree that disruptive innovation in this context equates to “radical” in every case. To do something differently is not radical all of the time just as technology can be different...
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...Mobile Cloud Computing (MCC): A Survey Abstract: Mobile devices have come a long way and their capabilities in terms of speed, raw computing capabilities, storage capacity and the applications that are real world end user friendly. The sale of mobile devices has seen a huge boom and is now surpassing those of PCs [1]. With this enormous use of smart phones across the world and as well as the introduction of cloud computing concept, Mobile Cloud computing or MCC has become the new paradigm in the world of mobile services. This paper will discuss the technology of MCC, applications and challenges faced. Mobile Cloud Computing: Introduction MCC in its simplest form can be defined as an infrastructure where the storage of data and its processing is outside a mobile device. What mobile cloud computing does is move processing and storage to the cloud and thereby bringing applications and the computing power to a broader spectrum of mobile users [2]. Mobile service providers can provide services to the subscribers as AAA which refers to authentication, authorization and as well as accounting which is based on what is known as an home agent or HA and the end users data being stored on the cloud database. Every time a request is initiated from the subscriber, it is delivered to the cloud based system with the help of Internet. The controllers on the cloud will be able to process these requests and eventually providing the subscribers with the respective cloud based service. These...
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...can we evaluate the use of technology in Healthcare? Health Service Systems 541 May 25, 2014 Course Project Topic: Critically evaluate the use of technology in healthcare and the challenges it presents in healthcare delivery. Offer specific examples or situations addressing technologies contributions to improving the quality of health and healthcare; consider impact on healthcare costs and analyze trade-offs. References Barton, P. L. (2010). Understanding The U.S. Health Services System. Chicago: Foundation of the American College of Healthcare Executives. Corey M. Angst, S. D. (2011). Performance Effects Related to the Sequence of Integration of Healthcare Technologies. Production and Operations Management (POM), 319-333. Kenneth A. Cohn MD, J. B. (2009). Engaging Physcians to Adopt Healthcare Information Technology. Journal of Healthcare Management, 291-300. Mariel L. Bernstien, T. M. (2000). Five Constants of Information Technology Adoption. Research and Perspectives on Healthcare, 17-25. Philbin, S. P. (2013). Emerging Requirements for Technology Management: A Sector-based Scenario Planning Approach. Journal of Technology Management & Innovation, 31-44. Revels, E. H. (2012). The Role of Information Technology as a Complementary Resource in Healthcare Integrated Delivery Systems. Hospital Topics, 23-32. Shirley M. Davey, M. B. (2011). A Framework to Manage the Early Value Proposition of Emerging Healthcare Technolgies. Irish Journal of Management,...
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...Ethicon Products, a business unit of Ethicon Surgical Care is exploring growth opportunities in emerging markets. These are fast growing and relatively low penetration markets which offer a lot of potential but also challenges. Innovative Medical Technology Solutions for Better Health Ethicon, Inc., a global medical device company, has been a leader in surgical sutures (stitches) for more than 50 years. The company has a number of brands that operate under the Ethicon, Inc. brand and share the synergy of being not only part of Ethicon, Inc., but also part of the Johnson & Johnson Family of Companies. Ethicon Products manufactures and sells products for wound closure and Hernia Repair. Ethicon Products is the worldwide leader in suture products and suture technology, and is one of the most recognizable and well-respected brand names in the hospital environment. The division has a long history of innovation in providing products-including sutures, topical adhesives, surgical meshes, and wound drains-that enhance patient care. See http://www.ethicon360.com/products/ethicon-products for more information about Ethicon. What are sutures? A suture is a length of material used to approximate (hold together) or to ligate (tie) tissues. It is used to repair tissues during surgical procedures or as a result of a trauma. It is a basic requirement in most surgical procedures so the volume market size correlates closely to the number of procedures performed. EMEA suture market ...
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...agency in 1984 (ContinuCare, 2011). ContinuCare expanded its services to medical billing and management assistance to multiple healthcare providers. In 2012 ContinuCare purchased a local pharmacy called Moore & King and changed the name to Erlanger Pharmacy. Being an in home healthcare provider, ContinuCare’s objective is to provide and deliver professional in home healthcare to patients that are homebound, in need of prescriptions, and recovering from hospital visits. ContinuCare’s slogan is “Driving Healthcare Home”, but we are continuing to grow as a subsidiary of Erlanger Health System. With this merger with Wal-Mart we will be delivering more than just medical care to your front door, we will also be delivering food and basic household needs to the elderly, disabled civilians, and disabled veterans. ContinuCare is a company in good standings with our community here in East Tennessee, but with this merger with Wal-Mart we will be able to expand our company throughout Tennessee and possibly further in the future. Strengths, Weaknesses, Opportunities, and Threats (S.W.O.T.) Although Wal-Mart is a known name and a great organization in the workforce, but ContinuCare is an organization that has a good name and good reputation all in its own. Being a subsidiary of one of the South East best hospitals, we have a superior reputation in home healthcare services. With two power houses that have strong finances and good manufacturing efficiency, there are not a lot of weaknesses...
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