Executive Health Administration

4 Areas Healthcare Leaders Can Reduce Spending

[fa icon="calendar'] Jun 15, 2017 1:52:03 PM / by EMHA Blog posted in Health Economics, Skills

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Shifting from a volume-based business model to a value-based model can require exhaustive research, meticulous planning, steadfast implementation and careful monitoring going forward. But the rewards can be a transformation that allows an organization to survive and thrive in the ever-changing world of health care.

According to a report by McKesson, based upon the pharmaceutical corporation’s survey of payers and providers and an Accountable Care Organization (ACO) readiness study, executives at top performing ACOs – where doctors, hospitals, and other health care providers team to give coordinated care to Medicare patients – strategies in four areas in particular are allowing them to reduce spending and deliver services more effectively.

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