Healthcare IT News April 14, 2015
Richard Pizzi

U.S. healthcare must transition from a supply-based to a demand-based system, with patient choice at the center, said Bruce Broussard, Humana’s president and CEO, at the HIMSS15 Annual Conference & Exhibition on Tuesday.

Keynoting the second full day, Broussard emphasized themes becoming increasingly common in the healthcare industry: that volume-based care is not long for the world, while a value-based reimbursement system is the unavoidable future.

“Eighty percent of healthcare costs are related to chronic conditions,” he said. “But our current system was not designed for chronic care management. It was built for episodic care. Both consumers and providers are victims of the system.”

Broussard acknowledged that health insurers have been “part of the problem” in perpetuating the currently misaligned...

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Topics: ACA (Affordable Care Act), ACO (Accountable Care), Health IT, HIE (Interoperability), HITECH, Medicare, Patient / Consumer, Payer, Provider, Value Based
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