Learning is what most adults will do for a living in the 21st century

Home > Archives

Health Care

By 2020, we had successfully transitioned the health care system from one which "fixed people after they were sick" to one of preventative, diagnostic medicine. Treating them for the conditions we know they were likely to develop.


Jim Carroll was the opening keynote speaker for the World Pharma Innovation Congress in London, England, He has been the keynote speaker for a huge range of major health care / health care organizations, including the prestigious World Congress on Healthcare Innovation & Technology • American Medical Group • UBM Canon Medical Devices & Technologies Conference • SSM Healthcare • Physician Hospitals of America • Professional Compounding Association of America • Chronic Disease Fund • International Society of Medical Publication Professionals • Linde Health Care Group Germany • McKesson • Stryker Technologies • Ottawa Heart Institute • American Association of Preferred Provider Organizations • Cigna Insurance • North Carolina Hospital Association • Pfizer • Minnesota HealthCare Association CEO Summit • St. Josephs Health Centres • Johnson & Johnson • Ernst & Young Annual Healthcare Client Conference • Mercy Health • Blue Cross Blue Shield of North Carolina • American Academy of Ophthalmology • American Society for Health Care Risk Management • Association of Organ Procurement Organizations • Axcan Pharma Inc • Blue Cross/Blue Shield National Office • Health Care Industry Distributors Association • National Association of Children's Hospitals • Ontario Hospital Association • PharmaLink Congress • Blue Cross/Blue Shield Florida • Roche Diagnostics • Trillium Health Centre • VHA Georgia • Waters Corporation • MDS Nordion • Providence Health Plans • Harvard Pilgrim Health Care • Canadian Medical Association • Glaxo Wellcome • North Carolina Medical Managers Group • Roche Diagnostics • Essilor Eyecare • Alberta Senior Citizen’s Housing Association


The Next 90 in HealthCare
October 7th, 2014

The Ontario Hospital Association — based in Canada — is celebrating it’s 90th year. As part of that, it arranged for a number of experts to comment on the future of healthcare, and is running this in a site that “looks at the next 90 years.

Health care is the most complex issue that our society faces in our time. We really need some big and bold and very innovative thinking to deal with the scope of the challenges.

Health care is the most complex issue that our society faces in our time. We really need some big and bold and very innovative thinking to deal with the scope of the challenges.

They asked me to contribute a piece.

I’m still doing a *tremendous* number of talks in the health care sector; it is one of the most high velocity industries around. For more insight, check out the ‘health care trends‘ section of my web site.


The Next 90
by Jim Carroll

Everyone in a leadership position in the health care system worldwide knows that the challenges facing the system are substantial and immense. That’s why innovation has quickly come to be one of the top issues that senior healthcare executives and medical professionals are thinking about.

Everyone in a leadership position in the health care system worldwide knows that the challenges facing the system are substantial and immense. That’s why innovation has quickly come to be one of the top issues that senior healthcare executives and medical professionals are thinking about.

Yet many in the system are stuck in sort of a Groundhog Day-like existence — they get up every morning, and everyone around them keeps talking about the same old thing as the day before — in the US, healthcare reform. In Canada, the discussion is all about “hospital wait times.” In other countries, the issue of the future of healthcare often swirls around a single issue.

The result is that real healthcare innovation is stifled, smothered, and never given a chance to flourish. Yet there is so much other opportunity if we link ourselves to the major trends that are going to unfold in the future at a furious, blinding velocity!

We need big thinking, because the health care cliff in the Western world is massive. In many countries, we’ve got a ratio of workers to retirees of 4 to 1. By 2030, that will decline to 2 to 1. Most of those workers support the health care expenditures of those who place the greatest demands on the health care system. In Canada it’s suggested that as a result, by 2030, Old Age Security and health care is likely to suffer a $71.2 billion shortfall that will require a GST of 19% and a top tax rate of 71%. In the US, the numbers are even more mind-boggling.

The fact is, we need big, bold thinking, Grand ideas. Dramatic change. Champions with courage to challenge the status quo. The need is desperate.

There is a realization that there is an urgent need to challenge the very philosophies upon which the system is built. That’s why, when we look back from the future, everyone will know that it was the major scientific, technological, consumer and social trends that allowed for some very dramatic change in the concept of health care delivery. Preventative concepts are part of this big transition. I suspect by 2020 or 2025, we will have had successfully transitioned the health care system from one which “fixed people after they were sick” to one of preventative, diagnostic medicine. Treating them for the conditions we know they were likely to develop.

I’m featured, this month, in an article in Medical Products Outsourcing Magazine, entitled “Artful Adaptation: Packaging and sterilization providers must keep pace with rapid change to innovate, grow and improve product safety.”

70876

“The medtech industry—perhaps more so than other industrial sectors—has long subscribed to the Carroll Testament. Medical device manufacturers with an “adapt or die” core philosophy, for instance, have higher survival rates than those resistant to changing market forces”

You can read the full article here — it’s well worth a read! Very much focused on several of my major themes, include that organizations must continually seek and hunt new revenue opportunities where those opportunities have not existed before.

It’s kind of funny, though — while the author (the Managing Editor) quotes me and some my video clips at length, he does seem to be a little disparaging at times. I’m called an “Innovation Whisperer”) (that’s a first for me) and a preacher with disciples! Interesting stuff!

Whatever! It’s all fun — here’s some choice quotes from the article. I really recommend you read the entire article.


 

Artful Adaptation: Packaging and sterilization providers must keep pace with rapid change to innovate, grow and improve product safety”
Medical Products Outsourcing Magazine, June 2014

Jim Carroll, a.k.a. the “Innovation Whisperer,” is a preacher of sorts.

The internationally-renowned futurist and social trends expert has crisscrossed the globe, extolling the virtues of change and creative thinking to thousands of business owners searching for the secret to entrepreneurial immortality.

Carroll, however, spreads his gospel in a most paradoxical and unoriginal way—usually by repeating the same tag line in keynote speeches: “the future belongs to those who are fast.

While it’s not the catchiest aphorism, it effectively conveys Carroll’s professional doctrine to his faithful disciples: Embracing innovation and keeping pace with a rapidly changing world will ensure future business growth and survival. “The world is changing very fast. Things are evolving at lightning speed,” Carroll told an audience of business executives several years ago in Las Vegas, Nev. “The reality going forward at this point in time is that it isn’t necessarily the big organizations who will own, win and control the future. It will be the fast, the agile…it will be those who can keep up with very rapid change and ingest that change. The high-velocity economy demands that we do, demands that we think, demands that we collaborate, demands that we share, and demands that we innovate in different ways.”

The medtech industry—perhaps more so than other industrial sectors—has long subscribed to the Carroll Testament. Medical device manufacturers with an “adapt or die” core philosophy, for instance, have higher survival rates than those resistant to changing market forces. Medtronic Inc. is a classic example: The Minneapolis, Minn., firm ascended to Fortune 500 heaven by catering its products to physicians, once the sole agents of purchasing decisions. Now, however, innovation revolves around cost containment and clinical efficacy to satisfy penny-pinching hospital administrators and insurers.


 

“The world demands that we look at the future and constantly ask ourselves, ‘Given the rapid rate of change coming at us, how do we ingest that future?’ “Carroll said during one of his countless public sermons. “How do we do things differently in order to deal with the future in which the future is happening faster than ever before? We have to completely rethink what we are doing and focus on innovation. Because the same rules of the past do not apply in the future.”


 

All companies innovate but few, if any, live up to Jim Carroll’s definition of the word. In his eyes, innovators are not the quintessential “cool” people developing “cool” products but rather the ordinary minions who have learned how to grow and transform their business. “Innovation is a funny word. We hear the word ‘innovation’ and who do we think of? We think of Steve Jobs,” Carroll once mused to CEOs and senior executives. “But innovation is about much more than people who innovate new products. To a degree the ability to innovate hinges on how quickly you can ingest all of the new ideas, capabilities and methodologies that are emerging. We’re in a world in which it can no longer take five years to plan and release something new. Innovative organizations know we’re in a world where volatility is the new normal. Everything is changing faster than ever before. Innovative organizations concentrate on how to build global scale. Innovative organizations know that things are going to evolve and change and twist and turn, particularly with the global economy.”

The most innovative organizations perfectly fit all those curves and evolve just as quickly as the hypercompetitive world in which they exist. They are the ones to first invest in emerging markets, or support new, unproven yet potentially disruptive technologies. Innovative organizations can anticipate trends before they happen, enabling them to avoid the “tyranny of success” trap that has led to the demise of countless corporations.

Here’s a quick video clip from a health care keynote in Houston; I’m speaking about bio-connectivity and the trend towards the virtualization of healthcare.

Here’s a video clip from a recent keynote I did in Houston for a health care group.

It’s pretty self-explanatory, but helps to put into perspective how one aspect of the the future of healthcare is going to unfold, in a bit of a unique way. But it also raises the point as to how trends today are accelerating.

I must say, my presentation and day spent at NASA’s Goddard Space Flight Center was one of the most exciting experiences in my professional career. And it was all the better with the post event I received from NASA: “”On behalf of the entire Innovative Technology Partnerships Office, thank you for your engaging and thought-provoking presentation at NASA Goddard Space Flight Center. From the feedback we have received, the event was a great success. Thank you for sharing your insight and expertise with us!””

 

In September, I was the closing keynote speaker for the American Medical Group Association 2013 Institute for Quality Leadership annual conference in Phoenix. Subsequent to my keynote, I was interviewed and published in the prestigious American Healthcare and Drug Benefits peer-reviewed journal. The article follows below.


At the American Medical Group Association 2013 Institute for Quality Leadership annual conference, a session focused on transforming the US healthcare system was presented by Jim Carroll, author of Ready, Set, Done: How to Innovate When Faster is the New Fast,1 who discussed the ways in which the unprecedented technological changes in medicine can transform the system in a positive way, in a very short time.

“I know you are sick of the Affordable Care Act. But the future of medicine has nothing to do with government—it’s got everything to do with science, demographics, new forms of technological applications, such as genomics, new forms of equipment, and other innovations”…said Jim Carroll.

In a brief discussion after the meeting, Mr Carroll offered some food for thought for those involved in the “business” of medicine. He explained that he tells healthcare experts all across the country, “I know you are sick of the Affordable Care Act. But the future of medicine has nothing to do with government—it’s got everything to do with science, demographics, new forms of technological applications, such as genomics, new forms of equipment, and other innovations.”

Mr Carroll suggested that “by the year 2020, we absolutely can harness these to turn the healthcare system from one in which we wait until patients are sick and then we fix them, to understanding what things are going to go wrong in advance in order to avoid those problems.”

The system that Mr Carroll says is well within reach will have characteristics such as being consumer-driven and retail-oriented for treatment that is not related to critical care, and encompassing many cost-saving technologies.

“One example is in the field of pharmacogenomics, involving pharmaceutical products targeted to particular genes for particular cancer treatments. The cost of sequencing machines has plummeted, and they could become low-cost items. Individuals could buy machines that tell them whether they have certain gene sequences that make them prone to cancer,” he said. Furthermore, “when this type of technology becomes ubiquitous and costs just pennies, it transforms everything in healthcare.”

Smartphone apps are also proliferating and becoming very inexpensive, and are increasingly being applied in medicine. More than 17,000 healthcare software apps are available for smartphones, according to Mr Carroll, and as many as 78% of consumers have expressed interest in such apps. For example, consumers are using medical apps to monitor their glucose levels and better understand their healthcare circumstances and options.

“The patient is changing; the consumer is changing. And we all need to align ourselves to the changes that are occurring.” He also pointed to the virtualization of healthcare, with hospitals extending into the community.

“In the near future, a lot of non–critical care patients will be able to remain in their homes instead of being admitted to the hospital, and doctors will be able to monitor their vital signs remotely, using real-time analytics and location-intelligence technologies,” Mr Carroll predicted. He says that because medical knowledge doubles every 6 years, the pace of understanding new medical information is increasing as a result of the power of technology.

“I tell people in the healthcare system, ‘Don’t fixate on the negatives but on the positives. Think about how it’s good for your patients and their patients to embrace these changes,’ ” said Mr Carroll. “Demographic changes mean healthcare administrators, providers, and patients are becoming more welcoming to technology-driven changes in the sector. And that provides huge opportunities for improvement through innovation.” The future of US medicine, according to Mr Carroll, is bright.

Drug Store News ran a 7 minute interview with me back in August. Here’s the audio: in a nutshell:

Pharmacists are likely to play an even greater role in patients’ health care than they do now, possibly branching into services like shots and checkups, Jim Carroll told DSN. Technology will play a greater role as well, as there is greater connectivity with home medical technology devices and the Internet that changes the relationship between patients, doctors and pharmacists. “I think we’re going to see this fascinatingly strange, very connected world appearing in every aspect of retail, and it’s all driven by mobile devices,” Carroll said.

Last week, I keynoted the Medical Design & Manufacturing Show in Chicago, with a focus on both the future of health care and manufacturing technology.

Scanadu

The Scanadu Scout is a crowdfunded “medical tricorder”, as envisaged in science fiction. The medical device industry will now find that science is becoming truer faster, requiring ever faster change as innovation speeds up!

The folks over at DesignNews and other publications picked up my talk; here’s an article they ran which covered some of my remarks.

The trend toward “bio-connectivity” is gaining momentum, and medical device manufacturers need to be ready to bring that connectivity to next-generation products, a futurist at the Medical Design & Manufacturing Show said this week.

“The number of in-person visits to hospitals is decreasing and the number of bio-connective, virtual visits is increasing,” Jim Carroll, futurist and author, told a gathering of engineers at the show.

Carroll challenged engineers and device manufacturers there to examine those trends and to be ready use them to innovate their products. He cited statistics showing that there are now 17,000 healthcare software apps available for smartphones, and noted that 78 percent of consumers have expressed interest in such apps. Moreover, he predicted that 500 million smartphone users will be employing health and wellness apps in the next few years. ”The patient is changing; the consumer is changing,” he noted. “And we need to align ourselves to the changes that are occurring.”

Today’s doctors are more likely to do patient consultations over Skype, Carroll said, adding that 40 percent of physicians are now willing to track patients via text messaging, email, and Facebook. He cited examples of such companies as Withings Inc., which makes a blood pressure monitor for use with iPhones and iPads, and MedCottage, which sells one bedroom “granny pods” that can be placed in the backyards of families caring for elderly patients. The cottage incorporates cameras and sensors, enabling patients to be monitored and managed from afar.

Carroll also pointed to a growing number of diabetes management technologies that enable patients to monitor themselves at home and share their data with physicians.

Some high-level healthcare executives have gone as far as to say that the need for dedicated central facilities is changing, Carroll said. “One CEO said that the concept of a hospital as a physical place is disappearing,” he told the audience of engineers. “Eventually, it’s going to go virtual.”

Carroll warned engineers not to discount such trends. He described a technical conference a few years ago where manufacturing executives laughed aloud at the prospect of anyone using 3D printers. Now, he said, engineers routinely shop for such systems at technical conferences. ”World class innovators look out at the future and see a trend, not a threat,” he said. “They see an opportunity.”

Last week, I was the keynote speaker for the Medical Device and Manufacturing event in Philadelphia. I’ll be doing two more in the fall — one in Chicago and the other in San Francisco.

I was featured on the main show floor — given there were a number of packaging and other manufacturing going on at the same in the cavernous space that is the Philadelphia Convention Center, we had a pretty varied attendance.

The live text polling results from my audience, after I asked them if they were ready for a "faster future." This is a great way to build an interactive keynote with an audience!

The live text polling results from my audience, after I asked them if they were ready for a “faster future.” This is a great way to build an interactive keynote with an audience!

But I concentrated my message on the rapid changes that are and will occur with the future of medical devices — particularly consumer-Internet-connected devices, the virtualization of the hospital, and what happens when Silicon Valley takes over the pace of medical device R&D.

The Medical Device & Diagnostic Industry publication picked up on my talk with this short article, in particular focusing on the text message poll I ran asking the audience if they felt they were ready for a “fast future.”

Are You Ready for a ‘Fast Future?’ A Snapshot of Audience Reaction at MD&M East

The future belongs to a company that can move fast and adapt quickly to changes.

In 2010, it took Apple 28 days to sell 1-million iPads.

In November 2012, when Apple launched the iPad Mini, the iconic technology company sold three-million fourth-generation iPads and iPad minis in three days.

Global futurist and trend-spotter Jim Carroll shared similar statistics with an audience gathered at the MD&M East Conference and Exposition on Wednesday all in an effort to stress one thing: The future belongs to a company that can move fast and adapt quickly to changes.

A poll at MD&M East gauged how ready audience members feel their companies are to compete in the “fast future.”

To solicit audience input in how ready they were in playing in this so-called fast future, he did a quick poll. Carroll used a texting, Twitter, and cloud-based service to show live results as people entered their reactions. Here’s a snapshot of the results.

It’s interesting that some people in the audience have seemed to already concede the future.

But Carroll reminded audiences that size doesn’t matter when it comes to future success. What matters is the ability to act quickly, make decisions during uncertain times, and remain relentlessly focused on the job at hand.

Carroll said that he has seen many company executives wait to make decisions because the economic recovery was not strong enough or because the uncertainty is too great and the risk too high.

Those companies are guilty of one cardinal sin—“aggressive indecision”—Carroll said, using a term he coined a few years ago.

And that sitting with folded hands awaiting a better time will make them obsolete in the fast future.

Back in April, I was the closing keynote speaker for the annual Delta Dental of Missouri FutureFocus 2013 event.

It’s an event put together for HR executives, benefits managers and other executives responsible for managing their corporate health plans.

Delta Dental has put together a great highlight reel which you can watch here. It’s kind of cool how they weaved my trends issues, and innovation challenges, throughout the video.

I’m on stage in Dallas, as the opening keynote speaker for the Chronic Disease Foundation annual partnership meeting, speaking to the massive transformation that is occurring in the world of healthcare now and into the future.

Everyone in a leadership position in the health care system worldwide knows that the challenges facing the system are substantial and immense. That’s why innovation has quickly come to be one of the top issues that senior healthcare executives and medical professionals are thinking about.

There is a realization that there is an urgent need to challenge the very philosophies upon which the system is built. The result is that many health care leaders are seeking insight into the major scientific, technological, consumer and social trends that will, by the year 2020, allow for some very dramatic change in the concept of health care delivery. Preventative concepts are part of this big transition.

And that’s why organizations such as the Physicians Hospitals of America Association, CIGNA, the American Association of Preferred Provider Organizations, Blue Cross Blue Shield and many more have had me in recently to open their annual conference or event. I’ve spoken at dozens of health care events for other such groups as the World Congress on Healthcare Innovation & Technology •  Linde Health Care Group Germany • MKesson IdeaShare • Stryker Technologies • Ottawa Heart Institute • North Carolina Hospital Association • Pfizer • Minnesota HealthCare Association CEO Summit .. and dozens more!

Learn more about this keynote topic, “Healthcare 2020: The Transformative Trends That Will REALLY Define Our Future” 

Optimization WordPress Plugins & Solutions by W3 EDGE