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As the health economy transforms, health systems turn to their strategy leaders

by Deloitte Center for Health Solutions, Deloitte Services LP

Eight questions for Providence St. Joseph Health’s chief strategy officer

In a rapidly changing health ecosystem, many hospitals and health systems are relying on strategy leaders to help navigate shrinking margins, aggressive competitors, value-based payment models, and increased consumer demands. The Deloitte Center for Health Solutions recently surveyed more than 60 health care strategy leaders (CSOs) from health systems and health plans—and conducted interviews with 10 more to learn more about this increasingly influential position.

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While some barriers remain, value-based contracting for drugs has clearly moved past the talking phase

by Sonal Shah, Senior Manager, Deloitte Center for Health Solutions, Deloitte Services LP

It’s been four years since the Deloitte Center for Health Solutions collaborated with the Network for Excellence in Health Innovation (NEHI) to discuss the implications of value-based care on pharmaceutical innovation. Back then, the idea of value-based contracting (VBC) for drugs hadn’t moved much beyond exploring the concept. While there were a few examples here and there,

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Improving well-being often takes a community (and an expanded health ecosystem)

by By David Rabinowitz, senior manager, Deloitte Consulting LLP, and Josh Lee, partner, Deloitte Consulting LLP

Hippocrates (often recognized as the father of modern medicine) understood that disease wasn’t caused by the gods or influenced by superstition. Unlike many of his contemporaries, he saw the correlation between individuals, their communities, and their environments. He also understood that prevention was preferable to cure.1 More than 2,400 years later, it appears we are getting back to these basic tenets of health.

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As devices generate more data, AI is becoming indispensable for medtech

by Pedro Arboleda, Managing Director, Deloitte Monitor

Artificial intelligence (AI) is all around us. Even as I write this blog, the AI software in my computer is automatically correcting my misspellings, comma errors, and clunky grammar. It learns from my mistakes and gets better each time I write. As I head to the airport, my traffic app uses AI to continually recalibrate my optimal route,

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An integrated health ecosystem can be greater than the sum of its digital devices

by Felix Matthews, MD, MBA, managing director, and Christopher Zant, principal, Deloitte Consulting LLP

The real power of the internet of things (IoT) is the closed loop in which an array of smart devices gathers and shares meaningful data. This information is analyzed and interpreted, which ultimately leads to actionable interventions. In the digital world, the whole is often greater than the sum of its parts—this can be particularly true for an integrated digital health ecosystem.

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Can technology give physicians more time to practice medicine?

by Randolph Gordon, MD, MPH, Director, Deloitte Consulting LLP

As a physician, I understand that doctors do much more than diagnose and treat illness and injuries. As we move into the future of health, the role of the physician is changing to align with an increased focus on health outcomes. In addition to practicing medicine, physicians should become data and informatics specialists, digital consultants,

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