• Healthcare Costs for Employers, Unions, Pensions, and Individuals have increased steadily for the last 40 years.
A large and growing administrative burden has outpaced Provider growth by 2300% over the last 40 years.
• Healthcare pricing is Opaque, Confusing, and Incentivizes Volume of Care versus Quality of Care.
Patient / Consumer choice is rarely available, difficult to understand, and challenging to engage absent information and tangible consumer information.
• Useful information is available but is not readily accessible to patients.
Normal transaction information and options that help drive informed purchasing for everything we consume; is absent in healthcare.
• Providers are burdened and discouraged by the amount of non-medically related demands that consume their time.
The Need for Change is Widely Recognized and EquityHealth Delivers a Vetted and Engaging Solution
Transparent Pricing and Value-Based Healthcare Work!
Improving the Quality of Care; Costs Less!
Payers benefit with Providers comfortable with Defined Pricing based on their above average historical performance. In general, higher quality Providers cost less and have better outcomes.
Providers Benefit through Reduced Administrative Costs and Predictable Efficient Compensation that Allows them to Focus on Patient Care!
CMS (Medicare/Medicaid) – HHS Press Office
CMS has 48 episodes of care to which they would like to reimburse using a bundled format, along with chronic episodes; which account for up to 70 percent of Medicare spending.
More Employers join push for Value-Based Healthcare / Shelby Livingston – Modern Healthcare
While overall increases in specific behaviors and attitudes associated with consumer engagement are small, the good news is that transformation is happening faster among those who may benefit most — individuals with major chronic conditions and serious, acute health issues.
The increased involvement of these consumers in decisions about care, communication with providers, self-monitoring, and treatment adherence holds great promise for improving health outcomes and getting better value from care.
When asked which types of resources would most help them change their habits and take steps to improve their health, respondents put financial incentives and information resources at the top of the list.
Special programs involving education, self-monitoring tools, and reminders are rated highly by one-third of consumers (one-half of consumers who have major chronic conditions).
Two in five consumers give high ratings to secure websites offering various kinds of digital supports; one in four rates mobile apps highly.
Source: Deloitte Center for Health Solutions Survey of US Health Care Consumers, 2015