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Deloitte's Life Sciences & Health Care Blog

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The future of work: Lessons from an emerging global market

by Bushra Naaz, Manager, Deloitte Center of Health Solutions

The future of work is gaining momentum in the US and across the globe. I recently attended the Future of Workplace Summit in Mumbai, India’s financial district. I was curious to hear how companies in this dynamic and fast-paced city are approaching the future of work.

The Deloitte Center of Health Solutions recently conducted research on the future of work for the US health care market.

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Empowered patients, value, and digital are driving us to a new health model

by Brett J. Davis, General Manager & Principal | ConvergeHealth by Deloitte, Deloitte Consulting LLP

Five years ago—recognizing that the shift to value-based, personalized health care would have a profound and transformational impact on the industry—we launched ConvergeHEALTH. Our goal was to team up with leading health care institutions, technology companies, life sciences innovators, and patient advocacy groups to create new platforms and solutions to support this transformation for the benefit of patients.

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Emerging trends in life sciences indicate cautious optimism for M&A in 2019

by Susan Dettmar, principal, US M&A consultative services leader, and Kushan Biswas, Life Sciences M&A senior manager, Deloitte Consulting LLP

Each year during the second week of January, health care executives from around the globe descend on San Francisco to discuss ground-breaking innovations, investment opportunities, and potential disruptive plays across the life sciences sector. During this year’s J.P. Morgan Healthcare Conference, we hosted a number of sessions with clients. A few topics—continued investment in oncology and gene therapies,

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Unlocking the untapped potential of intelligent automation in life sciences

by Shirish Gupta, senior manager, and Muna Tuna, senior manager, Deloitte Consulting LLP

Intelligent Automation (IA)—the combination of artificial intelligence and automation—is rapidly becoming mainstream in nearly every sector of our economy. Companies are using IA to improve operational efficiencies by performing repetitive tasks far more quickly and accurately. Beyond improvements in productivity, IA also can enable higher levels of business value through innovation and strategic growth.

While industries such as financial services and retail have tapped into the potential of IA,

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Demonstrating and rewarding value in health care

by Jeff Morgan, Managing Director, Deloitte Consulting LLP

The growing importance of real world evidence and value-based contracting programs

As the cost of health care continues to rise, life sciences companies are facing mounting pricing pressure and a growing need to continuously demonstrate the value of their products in a real-world population. These market forces are driving more and more life sciences companies to invest in new capabilities with the goal of harnessing the power of real world data (RWD) and changing how value is both demonstrated and rewarded.

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Moving value-based contracting from experimentation to common practice

by Jeff Morgan, Managing Director, Deloitte Consulting LLP

As the health care world continues its shift from volume- to value-based reimbursement, value-based contracts (VBC) between life sciences companies and payers that tie the reimbursement of a product to the value it delivers are gaining traction.

The health care system is going through a volume-to-value transformation with the goal of controlling cost and improving patient outcomes.

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