Disruptive innovation – A potential solution to transforming American healthcare – RamaOnHealthcare

Physicians Practice March 22, 2024 Disruptive innovations are radical changes that often overturn the usual way of doing things to such an extent that they have a positive ripple effect throughout the industry. Unfortunately, change comes very slowly to healthcare. Innovation is not readily accepted and often meets challenges and obstacles to introducing new technology and new medical treatment methods. The status quo and the “not invented here” attitude are the usual responses to innovation in healthcare. This article will discuss the concept of disruptive innovation and suggestions for introducing disruptive innovation in modern healthcare. Nearly every physician and anyone involved in the healthcare profession agrees that the American healthcare system is ailing. It is expensive: $4T spent annually and 18% of GDP. 1 We may…