HSA 599 Week 7 Case Study 2 Health Care Needs Real Competition – Sample
HSA 599 Week 7 Case Study 2 Healthcare Needs Real Competition The US healthcare system is inefficient, unreliable and prohibitively expensive. There is no shortage of proposed solutions and the healthcare sector needs more competition. In other sectors, competition improves quality and efficiency, spurs innovation and lowers costs. All stakeholders in the healthcare industry – regulators, providers, insurers, employers and the patients themselves – have a role to play to create real competition and positive change. Five catalysts in particular will accelerate progress: Putting patients at the center of care, creating choice, ending volume rewards, standardizing value-based payment methods, and making outcome data transparent. Read the article at https://hbr.org/2016/12/health-care-needs-real-competition