Transcription: Insights into “co-opetition” in the health care system
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What is co-opetition?
It combines the concepts…
(The two latter words fade out and combine into “co-opetition”)
When competitors work together and cooperate in tackling a specific challenge, it’s called: co-opetition
Let’s look at co-opetition in action.
(Image of a cityscape appears)
Let’s say neighboring restaurants pool resources for an ad in the newspaper.
(Image of a newspaper appears)
Though they’re competing against each other, it’s a strategic way to bring business to all their restaurants.
In the same way, co-opetition can be used to help scale solutions for social determinants of health.
(Three images indicating a house, a van, and food.)
“It’s upstream collaboration that enhances the ability to deliver services and goods cheaper to people downstream.” -Len M. Nichols, Urban Institute
Learn how co-opetition is coming to life in health care.