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Blockchain could help improve physician directories, but trust among health plans likely must come first

by Bobby Vaitla, Senior Manager, Deloitte Consulting LLP

The health care industry spends an estimated $2.1 billion a year to maintain physician data.1 Despite this substantial annual investment, physician directories are often inaccurate.

Some health plans are exploring blockchain as a possible technology that could solve this problem. While I agree that blockchain holds tremendous potential to improve the accuracy of directory data,

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Do health-management programs work? Health plan execs might have no idea

by David Veroff, Specialist Leader, Deloitte Consulting LLP

Health plans have been investing in care management, wellness, and population health programs for decades. While the size and scope of health-management programs vary by company, many face the same challenge: The ability to accurately determine a return on investment (ROI).

The definition of health management is broad. It can include everything that helps a member effectively manage a chronic condition.

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Want to build healthier communities? Start with evidence and data

by Andreea Balan-Cohen, Senior Manager, Deloitte Center for Health Solutions, Deloitte Services LP, Deloitte Services LP

Data and evidence were front and center at Academy Health’s recent National Health Policy Conference (NHPC). The event included a wide range of perspectives from the 700 attendees. Despite the diversity in the audience of health policymakers, legislators, practitioners, and academics, a common theme was that data and evidence should inform policy debates and decisions.

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Is your state’s Medicaid program ready for value-based care? Here are six things to consider.

by Jeff Burke, Senior Manager Deloitte Consulting LLP and Matt Siegel, Specialist Leader, Deloitte Consulting LLP

In our last blog, we profiled several states that are transitioning their Medicaid programs to value-based care models. As we noted, some states are likely better prepared for the change than others. But how can states know if they are ready to “walk-the-walk” down the value-based care path?

Medicaid program leaders should first consider assessing readiness.

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Technology holds promise to improve the patient journey

by Sarah Thomas, Managing Director, Deloitte Center for Health Solutions, Deloitte Services LP

I recently had the pleasure of leading a webcast panel discussion with three of Deloitte’s top technology leaders. We took a sector-by-sector look at how technology is beginning to transform life sciences firms and health care organizations. While each panelist represented a different sector, they all agreed that multiple forces are putting pressure on stakeholders to incorporate new technologies,

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Does your investment portfolio contain only one stock? No. Risk-based contract portfolios should be diversified too.

by Mark Bethke, FSA, MAAA, Managing Director, Deloitte Consulting LLP

Hospitals and health systems will take on gain/loss sharing contracts at different speeds, depending on their own capabilities and the demand in the market. After decades of fee-for-service contracts, it can be difficult and intimidating for a provider organization to move to these arrangements. For many health systems, there will never be a perfect time to start entering into gain/loss sharing contracts.

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