Healthcare is among the industries that have been transformed by technology. Today, an increasing number of medical service providers are embracing technology as part of their efforts to improve patient outcomes while enhancing operational efficiency. By adopting technology, these providers have indicated that they understand the importance of innovation. On behalf of the Healthcare Financial Management Association (HFMA), Laura Ramos Hegwer (2016) authored a report in which she discusses the importance of innovation in healthcare. Overall, the report is well-written and makes it clear that there is an urgent need for providers to embrace transformative innovation.
The report by Hegwer does not detail how she conducted a study or the result of this study. Instead, it focuses on transformative innovation and the impact that it can have on the delivery of healthcare services. In the report, Hegwer offers a thorough and detailed description of transformative innovation. She contends that by innovating, practitioners and healthcare institutions can vastly transform how they work with patients. According to the article, transformative innovation holds the key to better patient outcomes and improved operations. Hegwer also cautions that if providers fail to innovate, they risk losing out on the numerous benefits that transformative innovation promises. In general, the article is detailed, insightful and offers a clear discussion of transformative innovation.
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Hegwer effectively conveys the importance and significance of transformative innovation. She does this by outlining the benefits that practitioners and institutions are set to enjoy when they integrate innovation into how they operate. For instance, she charges that transformative innovation can help institutions to offer targeted services that address the specific needs of patients. Furthermore, Hegwer promises that institutions which implement transformative innovation are able to operate in a cost-effective fashion. In addition to identifying the benefits of innovation, Hegwer also recognizes that providers are facing increasing pressure from stakeholders to innovate. By mentioning this pressure, Hegwer enables readers to understand that the subject of her article is indeed significant.
As noted earlier, Hegwer does not describe a study. Therefore, it is not possible to evaluate how she describes the context of the study. However, one can still assess her description of the contextual issues surrounding transformative innovation. In her report, she provides some background information which makes it possible for readers to construct the context. For example, she mentions that providers are working in difficult environments and are facing pressure from patients who expect higher quality of service. Thanks to this information, readers appreciate the complex issues that help to contextualize transformative innovation.
Hegwer’s report lacks a data and methods section. However, from the descriptions that she offers, it is possible to determine the approaches that she used to develop the conclusions that she presents. Hegwer describes the various challenges that providers and practitioners are grappling with today. It can be argued that observing these challenges is the primary method that she used to gather insight concerning the implications that transformative innovation presents for medical practice. The information that she offers is indeed clear and sufficiently detailed.
Literature is assessed based on its relevance and implications for practice. After reading Hegwer’s report, it becomes clear that transformative innovation is an issue that providers should care about. This because Hegwer effectively spells out the case for providers to adopt transformative innovation. For example, as noted earlier, she identifies the benefits of innovation. In essence, Hegwer makes it clear that through transformative innovation, healthcare providers are other firms are able to respond to the challenges that they face and secure their relevance. While Hegwer targeted the healthcare community with the report, the insights that she presents can be generalized and extended to other sectors and industries. This is because the issue that she discusses is relevant and has consequences that extend beyond the healthcare profession. For example, firms in the transport, manufacturing and finance industries would all benefit from transformative innovation.
The main conclusion that Hegwer presents is that the future of the medical field hinges on the adoption of transformative innovation. This conclusion follows directly from the approaches that she used. As already noted, Hegwer bases most of her discussion on the observations that she has made regarding the state of the healthcare profession. It must be that after observing this profession that she determined that its future will be secured when providers embrace transformative innovation.
References
Hegwer, L. R. (2016). Transformative innovation. HFMA Retrieved July 22, 2019 from https://www.hfma.org/content/dam/hfma/document/research_reports/PDF/51692.pdf
