The consumer era impacts healthcare payers, providers and managed care
Consumer directed health plans (CDHP) are driving all parties in the healthcare value chain to review their strategies and positioning. The CDHPs themselves are part of a dynamic intended to achieve greater accountability and transparency across healthcare payers, providers and their affiliates. The reason is that health costs continue to rise at a double digit annual rate, which is not sustainable in the private marketplace for health benefits.
The ROI or cost/benefit of all provider networks and care management interventions will be increasingly challenged and subject to empirical validation. Improved predictive modeling will be needed as well. All healthcare companies are revisiting their value propositions and their strategic positioning in the light of these market dynamics.
Strategies for growth, survival or exit should anticipate and respond to the major market trends. A deep understanding of the inter-relationships among the parties to health benefits, their business relationships, and the ability to do sophisticated analytics is essential to positioning for success.
PA's approach is to work with the client on their critical business issues and determine how the current and future market dynamics may affect them. Then, with analytics, modeling and - most importantly - with strategic thinking, PA identifies and evaluates the options. Once decisions are made, PA can then work closely with the client to implement the selected strategies.
PA's expertise is invaluable in the following businesses:
Operating worldwide in more than 35 countries and with nine offices in the US, PA has the ability to link business partners internationally, across the spectrum of private health care benefits, programmes and suppliers.
Further information
For further information please e-mail: healthcare@paconsulting.com
