"Standardized care facilities that are able to adhere to specific processes can significantly lower the cost of care," writes Spencer Nam of the Clayton Christensen Institute.
As part of the team at the Clayton Christensen Institute, Spencer Nam researches disruptive innovation in the healthcare industry. His recent blog on the Institute’s website defines the cost problem of American healthcare and identifies the solution: new business models, not legislation or regulation, will lead to the creation of services that are simpler, more accessible, and affordable.
Mr. Nam identifies the Surgery Center at the Orthopedic & Sports Institute of the Fox Valley as one of these emerging models “that have significantly reduced the cost of procedures.”
“Healthcare must not only be affordable for consumers, but also for the country,” Nam states.
To read his piece in its entirety, visit www.christenseninstitute.org.