Using Open Innovation to Solve Healthcare Problems

By • on December 31, 2015

The Modern Healthcare website reported that the growth of data in healthcare is occurring at a faster pace than in any other industry. But there are promising methods emerging to help maximize the potential of all of this data, open innovation is one method. In addition to maximizing the potential of data, open innovation can help agencies address other challenges, including loss of productivity, lack of capital resources, rising costs and a perceived lack of financial return. They also can use open innovation to transform the way they deliver services and operate, realizing cost savings and operating efficiencies.

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