If you asked healthcare consulting leaders to list the industry's top challenges at any point in the past decade, you'd hear a litany of thorny issues: the Affordable Care Act, razor-thin profit margins, ICD-10 compliance, patient safety, the physician supply, HIPAA, legacy technology, revenue cycle optimization, electronic health records (EHR), interoperability, MACRA and much more.
Ask the same question today, and it's a safe bet you'll hear only one word: cost.
"It's the price of healthcare," says Matt Porta, Vice President, Watson Health Consulting with IBM. "We talk to administrators of health and the leaders of health systems in many countries, including the U.S., and the cost of care is the number one issue."
To continue reading, become an ALM digital reader
Benefits include:
- Authoritative and broad coverage of the business of consulting
- Industry-leading awards programs like Best Firms to Work For, Global Leades and Rising Stars
- An informative newsletter that goes into the trends shaping the industry
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
