Jul 04, 2013
From the Healthcare & Life Sciences Institute
As global healthcare systems evolve to focus on delivering better patient outcomes at lower costs, More than medicine, a new report from KPMG's Global Life Sciences practice, examines opportunities for life sciences companies to use their talents, scale and data to be part of the solution, positioned as a partner in the system rather than a supplier to it.
Strategies for success
The report outlines three practical yet crucial strategies life sciences companies must adapt to thrive in this new reality:
- Understand the customer and what they want
- Reshape R&D to provide reimbursable drugs and devices that deliver shareholder value
- Anticipate shifting power structures in the wider healthcare ecosystem
Leveraging KPMG’s deep global experience in healthcare and life sciences, the report identifies a number of emerging opportunities for life sciences organizations to partner with health systems to create new growth markets and competitive advantages.