As the business impact of the COVID-19 crisis mounts, leaders in every industry are moving urgently to protect employees and build resilience. Governments are mobilizing to safeguard citizens and manage the economic fallout. Immediate action is critical, but leaders must also embrace a new agenda—one aimed squarely at what comes next.
A sharp focus on consumer needs is shaping business models for health care payers and providers in both developed and emerging-market countries.
Creating value for patients is both the ultimate goal and an increasingly critical competitive advantage for health care payers and providers worldwide. Payer organizations are being challenged to manage funding gaps and improve the care of members within a changing regulatory environment. Health care providers must transform their business models to deliver cost-competitive services that improve patient outcomes and deliver sustainable growth for the organization.
The growing rate of change driven by new technologies and regulatory demands puts more pressure on payers to manage their core business better: winning and retaining customers, managing provider networks more effectively, and processing claims more efficiently.
While payers and providers have traditionally worked in separate worlds, integrating operations can lead to more profitable operations and better patient outcomes.
About 95% of the expenses for health care payers are directly linked to the cost of care. Improving patient outcomes is one of the fastest ways to reduce payer expenses.
The demand for improved health care value is becoming a driving force for consolidation of the provider market.
Join us for a series of events, and meet with our experts, at CES in Las Vegas, Nevada, January 6-9, 2020 to learn more about the future of 5G, agile, automotive and mobility, and health care.