Social Innovation can help make healthcare more valuable, inclusive, and affordable. We offer vital innovation courses offline and online. For more details, visit : https://mitidinnovation.com/recreation/understanding-the-role-of-social-innovation-in-healthcare/

1. Understanding The Role
of Social Innovation in
Healthcare
MITID Innovation

2. Over the past century, we have observed
a leap in medical advances: from novel
drug discoveries and diagnostics to the
digitalization of various health services.
However, there is still a lag in delivering
these outstanding innovations to the more
marginalized section of the world. And to
bridge the gap between healthcare
advances and individuals in need, the
WHO introduced the social innovation in
healthcare initiative in 2014.

3. Social Innovation can be understood as the
creation and implementation of new and
effective solutions to solve social or
environmental problems. These solutions
may not necessarily be introduced as
national policies. As long as such solutions
meet the current social needs better than
their predecessors, any government and
non-government entity can propose them.
What is Social Innovation?

4. The healthcare sector around the world
faces the challenge of rising healthcare
costs, an aging population, poor and
inconsistent care, and inaccessibility to
timely care. It may be shocking to know
that nearly 15% of patients admitted into a
hospital suffer an adverse effect post-
treatment. Moreover, 10-20% of all these
effects come about due to medication
errors.
Social Innovation in Healthcare

5. As a boon, social innovations offer us
an alternate perspective to the
challenges we face in the healthcare
system. They are based on the belief
that people from all walks of life have
the ability to comprehend their health
and know the best way to address the
problems they face.
The beauty of social innovation in
healthcare is that it can take several
forms.

6. Innovation projects can be in the form of
processes (like effective care pathways),
products (digital applications), marketing
(social finance tools), behavioral practices
(person-to-person service), or new policies.
The vision of advanced healthcare is driven
by the convergence of four major trends that
are continually tracked and updated for best
results. These include:
Connectivity and convergence: It aims to
offer coordinated population management
through digital tools, anywhere and anytime.

7. Innovation to zero: Aims for a future with
zero medication errors and hospital-borne
infections.
Innovative business models: Business
models supported by the latest technologies
can cater to population health, risk sharing,
direct to consumer, and supply chain
intelligence.
Social trends: More and more people
empower themselves to take control of their
health.

8. Social Innovation can help make
healthcare more valuable, inclusive, and
affordable. The integration of data and
analytics into patient management can
help healthcare providers monitor patients,
enhance operational procedures and
accurately track treatment and treatment
costs.
Why is Social Innovation Important
in Healthcare

9. In the past, healthcare institutions and
professionals mostly worked in isolated
silos of practice, which disconnected
various information sources, such as
pharmacies, health and medical records,
patient services, and payments.
Fortunately, healthcare providers can
deliver better quality and more coordinated
care due to the increasing digitization of
healthcare services.

10. But, social innovation in healthcare goes
beyond simple medical solutions. It does
more than enhance the public and private
sector health delivery capacity or create a
more resilient healthcare system. It
empowers individuals and communities to
improve their quality of life and achieve
equal access to healthcare independently.
By combining various aspects of technology,
business, medicine, and social care, social
innovation aims to change the social
relationships among people.

11. At MIT ID Innovation, we aim to create
contemporary innovators and empower them
to excel in the political, social, economic, and
technological framework. Through our
flagship program, we take a comprehensive
approach to innovation and combine design,
technology, business, and humanities with
the aim to build a strong foundation that can
help deliver effective solutions.
Discover More About Innovation
at MIT ID Innovation

12. MIT ID Innovation Programme curates
knowledge and experiences that
challenge the very paradigm of evolution.
And that's why we have set out to define
the future of industries, communities,
cities and ecosystems. MIT ID Innovation
offers the best Courses in Innovation.
Conclusion

13. We’d love to
hear
from you.
MIT INSTITUTE OF DESIGN
Rajbaug,, Loni-Kalbhor, Pune-412201
innovation@mitid.edu.in
+91-7038982225 / +91 9834092369