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The Cost of Care

If you asked healthcare consulting leaders to list the industry's top challenges at any point in the past decade, you'd hear a litany of thorny issues:…

| July 06, 2018

If you asked healthcare consulting leaders to list the industry's top challenges at any point in the past decade, you'd hear a litany of thorny issues: the Affordable Care Act, razor-thin profit margins, ICD-10 compliance, patient safety, the physician supply, HIPAA, legacy technology, revenue cycle optimization, electronic health records (EHR), interoperability, MACRA and much more.

Ask the same question today, and it's a safe bet you'll hear only one word: cost. 

"It's the price of healthcare," says Matt Porta, Vice President, Watson Health Consulting with IBM. "We talk to administrators of health and the leaders of health systems in many countries, including the U.S., and the cost of care is the number one issue."

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