Focus on services' worth to combat soaring healthcare spending.
Payers, providers and consumers should increase their focus on value as a way to address the soaring costs of healthcare and evaluate the worth of a service, according to a new report from Alvarez & Marsal.
"In healthcare, the concept of value can now become reality as the threshold of affordability has been reached for employers and consumers," David Gruber, M.D., managing director at the professional services firm and director of research with its healthcare industry group, said in the announcement.
The report both highlights and provides recommendations for specific areas of concern with the focus on a value-oriented healthcare delivery system.
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Source: Fierce Health Payer