• Changing the Game in Life Sciences, presented by SAP

  • By: Bonnie D. Graham
  • Podcast

Changing the Game in Life Sciences, presented by SAP

By: Bonnie D. Graham
  • Summary

  • By 2025, the global life sciences market will have changed dramatically from the industry we know today. Patients will be more accountable for their care and have greater access to their personal health information. Patients and payers will demand personalized treatments with superior outcomes, but cost-effectively. Technology will allow patients to use smart devices to monitor their health in real time while collaborating with their physicians from home. Patient outcomes will be continually monitored to identify patient populations that may have an identical genetic predisposition to a treatment, while providing early detection of any adverse events. Patients, physicians, providers, and producers will collaborate tightly within a treatment protocol to ensure optimal outcomes at reduced costs. Join host Bonnie D. Graham for a Coffee Break with Game-Changers special series on how the digital economy is transforming the Life Sciences industry on Changing the Game in Life Sciences.
    Bonnie D. Graham
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Episodes
  • Encore: Reimagining Business Models in Life Sciences
    Nov 16 2017
    The buzz: “All verticals are experiencing an explosion of data–but in healthcare and especially the life sciences field, the scale of this explosion is staggering” (Rahul Joshi). While increasing regulations, decreasing margins, industry consolidation, and process digitalization disrupt Life Sciences business models, they don’t show a clear road to the future. What to do? Digitalize business models and the supply chain, and speed innovation to improve health outcomes and reduce care costs. The experts speak. Joe Miles, SAP: “The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking” (Einstein). Shawn Brodersen, HCL: “If you always do what you always did, you will always get what you always got” (Einstein). Rasmus Nelund, NNIT: ““The critical concerns of leadership are not technical questions of management or power, they are fundamental issues of life” (Prof. James March). Join us for Reimagining Business Models in Life Sciences.
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    58 mins
  • Blockchain Meets Life Sciences: Now What?
    Nov 2 2017
    The buzz: “According to Deloitte, the healthcare industry is planning the most aggressive deployments of blockchain, with 35 percent of health and life sciences planning to deploy by 2018” (Vala Afshar). Life Sciences organizations globally are exploring how Blockchain technology could disrupt traditional business models and processes with a platform of “truth” for how enterprises work with each other. And as IoT, mobile and Big Data mature, they are enabling industry stakeholders to stay connected real-time. How will the next level of disruptive Digital Innovation impact the Health Sciences value chain? The experts speak. Peter Ebert, Cryptowerk Corp: “If you can dream it, you can do it” (Walt Disney). Eric Piscini, Deloitte: “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten” (Bill Gates). Joe Miles, SAP: “Love all, but trust a few” (Shakespeare). Join us for Blockchain Meets Life Sciences: Now What?
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    56 mins
  • Outcome-Based Pricing: Cure for An Ailing Healthcare Industry?
    Oct 19 2017
    The buzz: “One in four health plans now have ‘at least one outcomes-based contract’ with a drug maker, an Avalere Health survey showed.” (Bruce Jaspen) A distorted reimbursement model has pushed soaring healthcare costs to the top of government budgets around the globe. What to do? Life sciences industry players are experimenting with innovative outcome-based pricing models that align reimbursements with positive outcomes, while improving pricing stability and predictability in the life sciences industry. We will explain this model and discuss alternatives for all stakeholders in the value chain. The experts speak. Joe Miles, SAP: “It is health that is real wealth and not pieces of gold and silver” (Gandhi). Bob Steller, Vistex: “However beautiful the strategy, you should occasionally look at the results” (Churchill). Joseph M. Coppola, Deloitte: “When the music changes, so does the dance” (African Proverb). Join us for Outcome-Based Pricing: Cure for An Ailing Healthcare Industry,
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    55 mins

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