Healthcare Reform and Innovation — Part 4: Payment Changes

In an opinion piece in BusinessWeek, C.J. Bolster of the Hay Group sees in healthcare reform the potential for real changes — and cost-savings — tied to the shift from a fee-for-service model to bundled, global or other types of payment arrangements.

One thing is certain: The government and insurance companies won’t be paying more for services than they pay now. So health-care providers are becoming more efficient and effective. Regardless of what the final health-care reform bill looks like, private insurers will be driving down costs. In our work at Hay Group with some of the nation’s major health-care organizations, we are observing significant changes including effective implementation of new medical and surgical technologies that improve outcomes and conserve resources.

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