E business planning in the healthcare industry steve muylle

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1 © Vlerick Business School HEALTHCARE MANAGEMENT DAY – E-BUSINESS PROF DR STEVE MUYLLE JUNE 3 2013

Transcript of E business planning in the healthcare industry steve muylle

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HEALTHCARE MANAGEMENT DAY – E-BUSINESS

PROF DR STEVE MUYLLE JUNE 3 2013

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QUANT JUNKIES

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SOCIAL

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Source: Forbes.com, Feb 9, 2012.

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THE INTERNET OF THINGS

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“From an IT perspective, healthcare is at least 15 to 20 years behind the rest of the world. It’s amazing to me that Wal-Mart can tell you where one T-shirt is in one of its factories at any point, but we don’t even know if a patient had an MRI or a CAT scan, a test that costs $1,000-plus, in the past few months. That’s how far behind our IT systems are.”

Dr. Ralph de la Torre

CEO Steward Health Care System

Former chief of cardiac surgery

at Harvard’s Beth Israel Deaconess Medical Centre

August 13, 2012, Fortune Magazine

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PLAN

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PLANNING PROCESS FOR E-BUSINESS INITIATIVES

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(1) Identify possible

initiatives

(2) Analyse functional

scope

(3) Analyse sustainability of benefits

(4) Prioritise initiatives

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1. IDENTIFICATION

Value enhancement and lower costs

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Web

Seller Buyer

Buyer

Buyer Seller

Seller

Web Buyer

Buyer

Buyer

Seller Web Buyer

Seller

Seller

Seller

Many to One (e.g., SAP)

One to Many (e.g., Amazon)

Many to Many (e.g., eBay)

Two-sided Markets (e.g., LinkedIn)

1. IDENTIFICATION

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2. FUNCTIONAL SCOPE

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2. SEARCH

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2. SEARCH AND AUTHENTICATION

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Closed Open

Low

High

Reach

Signal-to-Noise

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2. AUTHENTICATION AND CONFIGURATION

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2. COLLABORATION

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2. COLLABORATION

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2. COLLABORATION

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2. COLLABORATION

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2. COLLABORATION

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2. FUNCTIONAL SCOPE

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3. GENERAL BENEFITS IN HEALTHCARE

Improve quality of care

Provide operational savings

Fight counterfeit

Faster Sharing of information

Searchable health information databases

Enhanced care delivery capabilities

Improved health outcomes

Market differentiation

Control of the customer relationship

Dramatic cost decreases

Improved customer service levels

Reduced non-value-added work

Increased visibility

Improving healthcare delivery

New product offerings

Other…

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3. HOW TO MAKE BENEFITS SUSTAINABLE?

Positive network externalities

Proprietary database

Proprietary knowledge base

Proprietary hardware / software

Personalization

Exclusive partnerships

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3. HOW TO MAKE BENEFITS SUSTAINABLE?

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4. PRIORITIZATION

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COST

VALUE

Unattractive

Worth Building

Worth Exploring

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WORKSHOP

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WORKSHOP

Plan e-business initiatives for one of the following stakeholders:

Hospital

Nursing Home

Biopharmaceutical company

Medical devices company

Healthcare Practitioners

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CONCLUSION

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SELECTED REFERENCES

Basu A. & Muylle S. 2013. Digital Strategy at Merck Sharp & Dohme. Case Study. In progress.

Basu A. & Muylle S. 2011. Assessing and enhancing e-business processes. Electronic Commerce Research & Applications 10(4) 437-499.

Basu A. & Muylle S. 2007. How to plan e-business initiatives in established companies. MIT Sloan Management Review 49(1) 28-36 (Lead article).

Muylle S. & Basu A. 2008. Online support for business processes by electronic intermediaries. Decision Support Systems. 45 (4) : 845 -857.

Standaert, W., Muylle S. & Basu A. 2013. Assessing the Effectiveness of Telepresence for Business Meetings, IEEE Computer Society Proceedings, 46th Hawaii International Conference on System Sciences, DOI 10.1109/HICSS.2013.105, pp. 549-558.

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THANK YOU!

Steve Muylle

PhD, Professor & Partner

Vlerick Business School

Contact me:

[email protected]

Connect on:

www.linkedin.com/in/stevemuylle

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CUSTOMISED MANAGEMENT PROGRAMMES UNLEASH THE TRUE POTENTIAL OF YOUR PEOPLE & YOUR ORGANISATION

Customised Management Programmes are impactful learning solutions meeting your specific business needs. The health & life sciences industry is one of Vlerick Business School’s 4 strategic focus industries.

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121 customised programmes for 84 different companies

4.529 participants in 14 countries worldwide

above 80 % satisfaction rates

Some of our health & life sciences customers:

Want to know more? Feel free to contact Anne Salenbien

+32 9 210 98 72| +32 472 28 56 06 | [email protected]

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OPEN ENROLMENT PROGRAMMES EXECUTIVE EDUCATION PROGRAMMES FOR EXPERIENCED PROFESSIONALS

Our programmes address today’s most relevant business issues. You can choose between short, but intensive courses and long-term programme formats. 2012 facts and figures:

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100% of our participants would recommend the ‘Management for the Hospital Professional’ programme to their colleagues!

Some of our health & life sciences customers:

Dr. Frank Verbeeck Foundation for PsychoGeriatry

Scheutbos Hospital

"I have to thank Vlerick for the organisation and quality of the Management for the Hospital

Professional programme. I have taken courses with IMD and INSEAD in the past, but what Vlerick offers is of an equivalent and even superior level.“

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Want to know more? Visit us online or contact us:

www.vlerick.com/ziekenhuis | +32 9 210 92 46 | [email protected]