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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Eliminating layers of management. One thing that distinguishes the typical nonprofit from a comparably-sized investor-owned hospital is the number of layers of management. PM Images/Getty Images. As the U.S.

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A Strategist's Guide to the Digital Grocery

Strategy+Business

The shift to online shopping and in-store pickup for groceries -- led by Amazon and Walmart, heightened by Amazon's purchase of Whole Foods in 2017 -- represents an existential threat to many supermarkets and other food sellers. But that does not fully meet the challenge.

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18 of the Top 20 Tech Companies Are in the Western U.S. and Eastern China. Can Anywhere Else Catch Up?

Harvard Business

Alibaba, the Chinese e-commerce leader, manages the world’s largest money market fund, and now plays an important role in financial and payment services. Indeed, from 2011 to 2017, the GAFAM companies (Google/Alphabet, Amazon, Facebook, Apple, and Microsoft) acquired more than 65 leading-edge European technology companies.

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3 Health Care Trends That Don’t Hinge on the ACA

Harvard Business

In early May 2017 Republicans in the U.S. More than 3,000 apps are now available to help manage diabetes alone. But technology has become rooted firmly in U.S. Laura Schneider for HBR. House of Representatives voted to repeal and replace the Affordable Care Act (or Obamacare). Subsequently, Republicans in the U.S.

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

Earnings also seem to matter less for CEO pay: companies are reducing profits-based cash bonuses and shifting toward stock-based CEO compensation, partly to keep opportunistic managers from cutting back on valuable investments as a way to report higher profits. Facebook’s gross margin of 76% on its 2017 revenues of $46.5

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11 Things the Health Care Sector Must Do to Improve Cybersecurity

Harvard Business

At the beginning of 2017 Experian predicted that the health care sector would be the most heavily targeted vertical industry. A March 2017 report from the Identity Theft Resource Center indicated that more than 25% of all data breaches were related to health care. Department of Health and Human Service’s Office for Civil Rights.

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We Need to Approach AI Risks Like We Do Natural Disasters

Harvard Business

The good news is that natural disasters themselves, which Munich Re says caused $330 billion in economic losses globally in 2017, provide a template for how to mitigate the growing and catastrophic risk posed by AI. Our growing reliance on so many intelligent, connected devices is opening up the possibility of global-scale shutdowns.