Chilmark Research April 30, 2019
Three years ago, our report Making Healthcare Affordable: Implementing True Continuous Costing explored the need for, and benefits of, implementing True Continuous Costing (TCC). TCC is an analytics approach to measuring a provider’s costs of providing care for each patient encounter using the data healthcare providers already have.
Since then healthcare spending has continued its upward spiral and efforts to reduce or even control what we pay for healthcare have remained primarily focused on reducing utilization. With that in mind, we would like to take this opportunity to revisit the TCC approach to see if its need is still compelling and to review implementation progress.
Healthcare Spending Projected to Rise to $6 Trillion
CMS reports that as of 2017, per...
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