The healthcare industry is currently witnessing dynamic progress and a plethora of new possibilities. It is a trillion-dollar market and is propelling to newer heights with the introduction and expansion of digital applications in both, supplier as well as buyer segments. Governments, healthcare providers, and pharmaceutical companies are witnessing increasing costs and unpredictable outcomes in their pursuit of refining care, improving health, and reducing medical expenditure. The industry is partaking in risk-bearing, synchronized care models, and continues to shift away from the archaic fee-for-service (FFS) system.
Healthcare stakeholders are changing the way they do business: (1) From volume to value through reform policies. (2) Programs endorsing operational competency. (3) More focus on technology. (4) Leveraging population health management. (5) Wellness initiatives. (6) Addressing the social parameters of health.
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