MedPage Today May 29, 2024
— One Florida hotelier serves as an excellent model for achieving value and improving outcomes
Healthcare is big business in the U.S., where employers and other purchasers spend billions of dollars on it every year. Unfortunately, the national health quality/safety statistics tell us that nearly one-third of that healthcare spending is “wasted” on unnecessary or duplicative procedures, inflated administrative costs, medical mishaps, and outright fraud. To make matters even worse, purchasers looking to provide high-quality health benefits for their employees at a reasonable cost have long been frustrated by the healthcare industry’s systemic lack of transparency and accountability.
It should come as no surprise that a growing number of employers have expanded their roles in delivering high-value care to their...
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