Losing the information race will mean losing the capital race. Organizations may need to divert capital from other priorities to invest in information technology. Healthcare organizations should focus on competencies they can measure and demand the same measurable results of their business partners. Outsourcing of some functions, such as information technology, business office services, lab, food service, housekeeping and facility management will accelerate. Although this is very common in the United States and Canada, it is just beginning in Europe.
Government can encourage proper allocation of capital with both carrots and sticks.
As for the stick, health authorities can regulate what types of new technologies and therapies are approved for reimbursement and efficacy. With a carrot of tax incentives, they can encourage innovation. Make performance measurable Reallocate capital, outsourcing non-core functions Functional silos in healthcare must be eliminated and replaced with seamless service. Professionals may impede change as they cling to traditional frameworks. Physicians are becoming more coherently organized, which benefits purchasers who are trying to work toward efficient models of quality care.