The Opportunity in Disruption, Part 2: The Shape of Today ’s System

By JOE FLOWER The system is unstable. We are already seeing the precursor waves of massive and multiple disturbances to come. Disruption at key leverage points, new entrants, shifting public awareness and serious political competition cast omens and signs of a highly changed future. So what’s the frequency? What are the smart bets for a strategic chief financial officer at a payer or provider facing such a bumpy ride? They are radically different from today’s dominant consensus strategies. In this five-part series, Joe Flower lays out the argument, the nature of the instability, and the best-bet strategies. Healthcare CFOs must look at the environment in which their system lives: Since 2007 the actual costs for the average middle-class family for many of the basics of life have decreased in real terms, while their actual costs for healthcare have risen 25%, or even more counting co-pays, deductibles, and out-of-pocket expenses. This long, continuing rise in the costs along with the continuing and increasing unreliability of the healthcare system (“Will it actually be there for me when I need it? Will it bankrupt me?”) create unyielding disruption. Instability: Omens I am no fortune teller, but here are some things we can see right now that give us a sense of what’s coming. Political shift: Public opinion has shifted. When polled about actual policies, healthcare has been cited repeatedly as the top concern of voters across the ...
Source: The Health Care Blog - Category: Consumer Health News Authors: Tags: Health Policy Health Technology Health care Disruption Health care system health reform Joe Flower payment system Source Type: blogs

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Source: WBZ-TV - Breaking News, Weather and Sports for Boston, Worcester and New Hampshire - Category: Consumer Health News Authors: Tags: Boston News Health Syndicated CBSN Boston Syndicated Local Massachusetts Department Of Public Health opioid crisis opioid epidemic Opioid Overdose Source Type: news
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Source: JONA: The Journal of Nursing Administration - Category: Nursing Tags: Articles Source Type: research
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