To win in a shifting profit pool, companies need to improve how healthcare is delivered.
By George Eliades, Michael Retterath, Norbert Hueltenschmidt and Karen Singh
Bain & Company
We have been talking about healthcare costs for more than 40 years, but the worldwide financial crisis and subsequent climate of austerity are finally catalyzing change. Payers are searching for all available tools to stunt the growth of a sector that has successfully resisted cost containment for decades. Adding to the urgency for action is an anticipated global surge in demand precipitated by several factors: an ageing population with chronic care needs, population and income growth in emerging markets and the potential for insurance coverage expansion due to health reform in the US and around the globe.
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Published in 2012