RevCycle Intelligence September 28, 2022
With healthcare spending at an all-time high, value-based care transformation can solve the cost problem while shifting healthcare dollars so providers can focus on population health outcomes.
Healthcare has a spending problem. For all the investments made in healthcare—$4.1 trillion to be exact—outcomes are not where they should be. In fact, the US has the lowest life expectancy compared to other high-income countries, including Australia, Canada, and the United Kingdom. The Commonwealth Fund also reports that, compared to these peers, the US has the highest chronic disease burden, highest number of hospitalizations from preventable causes, and highest rate of avoidable deaths.
“We have a life expectancy that is on par with Chile or the Czech Republic, which are not the countries...