October 16, 2017
Interviewed by: Privcap
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3 priorities for PE investors in value-based care

Carole Faig, U.S. Health Deputy Leader of EY, discusses key trends and practices that are a must-have for PE investors in value-based healthcare.

Carole Faig, U.S. Health Deputy Leader of EY, discusses key trends and practices that are a must-have for PE investors in value-based healthcare.

3 priorities for PE investors in value-based care

Carole Faig, EY:
I think the priorities that an organization will have to focus on, as they move to a value-driven care environment, are a couple of key things. One, they have to think about elevating the patient experience. It’s going to be important that the consumer feels like they’re being served. There’s a concept of transforming the culture. You have to think about the way that care is being delivered. It has to be more collaborative between physicians and the various settings of care.

Another is advancing care with analytics. That’s thinking about proactive predictive analytics to be able to drive the best clinical outcomes. Then, if you move further in, it’s increasing productivity. You have to think about how to balance managing your costs with managing the productivity of your organization.

And then lastly, embracing the new way to pay. That’s going to be the various partnerships that come about between payers and providers and understanding how you’re going to ultimately be reimbursed for delivering those value outcomes.

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