Making the Transition from Volume to Value

About the Author:
Internationally-recognized strategy consultant Rita E. Numerof, Ph.D. is President and co-founder of Numerof & Associates, Inc. (NAI). Working globally across the health care industry with clients in delivery, pharmaceuticals, medical devices and diagnostics, payers, and policy, NAI brings significant experience with current and alternative business models within the health care industry, ensuring clinical and financial integration and managing variability in cost and quality. NAI is recognized as a leader in the development of bundled payment structures reflecting economic and clinical value… setting the stage for population health management. Rita has also authored five books, including Healthcare at a Turning Point: A Roadmap for Change. She can be reached at info@nai-consulting.com; Numerof & Associates, Inc., 4 CityPlace Dr., Suite 430, St. Louis, Missouri 63141, 314.997.1587; and nai-consulting.com.

Overview:
The U.S. health care system is currently undergoing what will ultimately be a radical transformation, driven by unsustainable cost increases, increasing regulation, and shifting power relationships among payers, providers, physicians, and patients. Technology advances are accelerating the pace of innovation, while rising costs and demands for affordable health care and greater transparency are challenging the economics and traditional business assumptions of the field. At the same time health policy shifts brought about by the Affortable Care Act (ACA) are placing increased accountability and cost pressures on providers to improve patient safety, quality of care, and consistency of care delivered. Payers and consumers alike are increasing their demands for improved economic and clinical value (ECV).

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