- Feb 12, 2007
- 59,384
- 24,018
- 2,290
What's really amusing is that Intermountain Healthcare is focused on these efficiencies all on their own without being ordered to and micromanaged by the HHS. Any properly run health care organization is always seeking productivity improvements (which makes the cost saving assumptions in ObamaCare even more bogus).
To reiterate the point I just made: the unifying theme behind these innovators is that they're integrated care systems, meaning they have a health insurance plan built into their provider network (i.e. they're both the payer and the provider, much like the VHA). There are multiple reasons that setup works well for them (e.g. less fragmentation = better care coordination), but most notably the incentives line up much better for integrated health systems.
In other words, Health Care is experiencing Vertical and Horizontal Consolidation just like any other industry.
Thank you for sharing.