Population Health Best Practices Guide
Chronic disease is the most significant driver of healthcare costs in the nation, representing an estimated 85 percent of our annual spend. 1 As patients bear a higher share of the expenses and both private and public payers react to rapid changes in our clinical and demographic profile, there is tremendous pressure to shift from a volume- to value-based payment system.
Rather than a fee-for-service market in which physicians are compensated based on the number of services they perform, the industry is moving toward preventive medicine with compensation based on outcomes. But in a system as large and complex as the U.S. healthcare industry, how can we begin to slowly turn the ship to put it on this new course? How can providers, payers and consumers alike thrive in this new environment?
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