Not just business, but government and society writ large must do better to facilitate these partnerships—the health care industry illustrates how they can work. If all three increasingly step up to the plate in the health and other industries, the potential benefits are incredible.
In his State of the Union address Tuesday night, President Obama was brief but to the point on healthcare. Declaring that about “10 million uninsured Americans finally gained the security of health coverage” because of the Affordable Care Act, he made clear he would veto any legislative attempt to roll it back. Thus, absent judicial action, the Act is here to stay. Politics notwithstanding, this means the healthcare industry’s remarkable, ongoing transformation in the face of significant disruption will also continue.
Simply put: government action combined with market forces is creating a business case study we should all be reading, even as it’s still being written.
To be sure, healthcare is one of many industries facing significant disruption. In PwC’s recently published 18th Annual Global CEO Survey, U.S. CEOs identified various trends that they believe will be very disruptive for their industries. Overall, 60% agreed that their companies face…
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