Big Data and advanced analytics are disrupting and transforming some industries worldwide. However, few sectors facing change thanks to Big Data technologies are as significant as the healthcare industry.
Employees in the U.S. have dealt with barriers to healthcare for decades. They often find that, while they do have insurance plans available through their employers, these plans can position care as unaffordable and inaccessible.
Avoiding appointments, treatments, and even the ER; the rising cost of healthcare services in the US is a leading contributor to our patients’ hesitancy to seek care. Despite access to a span of medical information and innovative technology, along with a relatively stable economy, the U.S. also has one of the highest costs of healthcare in the world.
In this infographic, we explain how the employer-employee sponsored medical home can help achieve these long sought out goals: Eliminating non-value add middlemen, and reducing the financial impact to predetermined costs.
The Centers for Medicare & Medicaid Services (CMS) has recently decided to cancel two of their different payment models. These models were previously considered mandatory. The CMS also scaled back one of their other payment models. These payment models were removed or changed to streamline the overall payment process.
While bundled payments for those on Medicare and Medicaid was originally intended to make healthcare providers more accountable for the quality and cost of their services, that hasn’t been the result. Instead, the system has presented issues for providers, hospitals, and patients.
One of the biggest issues in healthcare cost today is providing patients with an accurate estimate of their cost. In today’s world of changing healthcare regulations, complicated contracts, a lack of data or incorrect patient data, and more, it’s not surprising that providers can be just as confused as patients.
On January 30, three corporate tycoons — Amazon, JPMorgan Chase & Co., and Berkshire Hathaway — announced that they were joining forces to create an independent healthcare company for their employees, with the goal of providing more transparency at a lower cost.
Healthcare isn’t like most other things where you get the best by paying the most. In Fact, in most cases quite the opposite is true. Use this infographic to distinguish the difference between expert doctors and averages doctors.
As the current debate around healthcare reform in the United States intensifies, consumers are making it clear that they want to be involved participants in their healthcare. One key focus of this push has been the demand for transparency in pricing within the healthcare industry. While there have been many strides in answering this call…