The cost of healthcare is bankrupting the country at the federal and state levels of government and crippling the private sector’s ability to remain competitive.
Population health is being touted as the solution, but this would fundamentally change the business model for providers requiring them to accept financial accountability (risk) for the care they deliver. Providers will have to develop new competencies to accept and manage risk or face potentially huge financial losses. Healthcare reform holds the promise of taming the healthcare cost curve; but done poorly, it will bankrupt provider organizations. ECG Senior Manager Ken Steele and Intermountain Vice President of Healthcare Transformation Joe Mott present.