Health Care Innovation

University of Pennsylvania via Coursera

Go to Course: https://www.coursera.org/learn/wo-pmo-healthcareinnovation

Introduction

**Course Review: Health Care Innovation on Coursera** In the rapidly evolving world of health care, innovation is not just a luxury; it is a necessity. Coursera’s “Health Care Innovation” course provides a comprehensive exploration of the economic theories and practical frameworks essential for transforming your health care practice or organization. With a meticulously structured syllabus divided into four engaging modules, this course promises to enrich your understanding of how to implement innovative solutions while managing risks efficiently. **Course Overview** The course adeptly intertwines theoretical knowledge with practical application, equipping participants with a robust foundation in behavioral economics and operations management as they relate to health care. Whether you're a seasoned professional, a health care provider, or an aspiring entrepreneur in the sector, this course is designed to enhance your decision-making skills and foster an innovative mindset. --- **Module Insights** * **Module 1: Foundations of Health Care Operations** The first module sets a solid groundwork by introducing essential concepts in health care operations and optimization methods. By delving into the intricacies of the provider-patient relationship, participants analyze various performance metrics and how to enhance them. You will identify inefficiencies that can be addressed to optimize performance and service delivery. Importantly, this module introduces practical tools like flow diagrams and Gantt charts to visualize processes. By the end of this module, you will be equipped to assess the financial viability of a health provider using Key Performance Indicators (KPI). * **Module 2: Innovative Techniques in Health Care** In the second module, the course shifts focus to the application of innovation techniques that originated in various sectors and how they can be effectively integrated into health care systems. A highlight of this module is the emphasis on crafting and testing hypotheses related to innovative ideas. By analyzing real-world examples of successful health care innovation, you’ll learn how to apply these best practices to your own work. * **Module 3: Evaluation Methodologies** This module covers the critical role of evaluation within health policy and program management. It emphasizes the importance of control groups to mitigate selection bias, providing a deep dive into various evaluation methods and the distinction between effectiveness and efficacy. This module will enable you to design and implement effective evaluation frameworks for your health care organization, allowing for data-driven decision-making. * **Module 4: Behavioral Economics in Health Care** The final module focuses on the intersection of behavioral economics and health care practices. By exploring concepts like Expected Utility Theory and Prospect Theory, participants learn to understand and utilize behavioral insights to optimize organizational operations. The study of real-life case studies on strategies like Default Bias provides invaluable perspectives on behavior-driven health interventions. By concluding this module, you'll be empowered to evaluate and implement practices that effectively nudge patient behavior and enhance health outcomes. --- **Why You Should Take This Course** 1. **Interdisciplinary Learning**: The course brings together principles from economics, operations management, and behavioral science, making it an enriching experience for learners from various backgrounds. 2. **Practical Applications**: Real-world examples and case studies enhance comprehension, enabling students to apply concepts in their own health care settings effectively. 3. **Skill Development**: Not only will you gain theoretical insights, but you’ll also develop practical skills necessary for navigating and innovating in the health care landscape. 4. **Expert Instruction**: The course is designed and taught by industry experts, ensuring that you receive high-quality education that reflects current practices and challenges in the field. --- **Final Recommendation** The “Health Care Innovation” course on Coursera is a must-take for anyone interested in enhancing their expertise in health care management and innovation. Its blend of theory and application, coupled with a rigorous exploration of current methodologies, makes it an invaluable resource for professionals seeking to make impactful contributions to their organizations. Whether you are looking to streamline operations, foster a culture of innovation, or evaluate health care programs rigorously, this course offers the tools and frameworks you need to succeed in today’s complex health care environment. Enroll today and embark on a journey that could transform not only your career but also the health care practices you influence.

Syllabus

Module 1

This module was designed to give you a foundational knowledge of health care operations and methods of optimization. You’ll examine the provider-patient relationship and learn how a provider can improve performance measures for the patient by analyzing the different types of performance metrics such as patient-centric, operations, and financial measures. Through discussing the different types of inefficiencies such as waste, variability, and inflexibility, you’ll be able to optimize performance and service. You’ll also learn how to gauge patient flow by flow rate, flow time, and inventory, and be able to map processes using a flow diagram and a Gantt chart. By the end of this module, you’ll be better able to calculate the financial viability of a health care provider using Key Performance Indicators (KPI) and create a framework to assess and optimize performance.

Module 2

In this module, you’ll see how techniques in innovation that originally developed outside of health care can be deployed successfully in health care systems and organizations. Using your understanding of optimizing health care operations, you’ll be able to apply innovative techniques to a more traditional ecosystem of health care. You’ll learn how innovative researchers and clinicians changed some of the more grounded approaches to health care. Through analyzing the scientific method, you’ll be able to craft a hypothesis statement of your innovative idea and identify key assumptions in your statement to test first. By the end of this module, you’ll be able to successfully assess the value and plausibility of the hypothesis of your innovation, and effectively utilize successful instances of innovation to your health care practice.

Module 3

In this module, you’ll examine the practice of evaluation and how it is applied to health policy and programs. You’ll gain a better understanding of the need for evaluations in an ever-changing health care environment, and the importance of control groups to combat selection bias that may skew the findings of an evaluation. You’ll explore different methods to conducting an evaluation, the types of questions an evaluation aims to answer, and the difference between effectiveness and efficacy. By the end of this module, you’ll understand the theoretical framework behind an evaluation and be able to employ an evaluation to better analyze the effectiveness of your health care organization.

Module 4

This module was designed to highlight the importance of behavioral economics in health care practice and how to utilize behavioral economic theory to optimize the operations of your health care organization. You’ll explore Expected Utility Theory and the different types of Prospect theory such as Reference Dependence, Diminished Sensitivity, and Loss Aversion in the context of health care. By studying real-life examples of Default Bias and Increased Cost Sharing case studies, you’ll establish a framework for health care interventions that will be effective and successful after implementation. By the end of this module, you’ll be better able to determine the theoretical basis for certain health care practices such as nudge units and whether such practices would benefit your organization.

Overview

In this course, you’ll learn the foundational economic theories behind health care innovation and how to optimize your own health care practice or organization. Designed to help you gain a practical understanding of the theoretical frameworks of behavioral economics and operations management in the health care setting, this course will help you apply these frameworks to assess health care practices and apply innovation while managing risk. You’ll also explore the best practices for evaluating on

Skills

Reviews

behavioural economics part was great, module 2 was not so great

The best course on Healthcare Management ever!!! Kudos to Penn Med Wharton Online team for putting together such an amazing course!!!

Week 1 and 4 are great. Week 3 is ok, Week 2 didn't add any value for me.

very informative, great speakers and amazing course

this was a great course which consisted of both economics as well as health which made it more interesting