Rethinking the revenue cycle in the New Health Economy

The transformation of the $2.9 trillion healthcare economy is underway. The New Health Economy—characterized by value-based care and reimbursement, and focused on the patient—is overtaking many healthcare providers faster than they can adapt. To reduce costs and remain competitive, providers will have to deliver care more efficiently and effectively.

U.S. medical cost trend is projected to dip to 6.5% in 2016.
U.S. medical cost trend is projected to dip to 6.5% in 2016.

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SEC comment letter trends for healthcare providers
SEC comment letter trends for healthcare providers

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US Health Services deals insights
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The need to update the revenue cycle

As healthcare shifts from a fee-for-service model to value-based reimbursement, providers must begin to view the revenue cycle as a central component of care delivery, not an isolated back-office function. Just as providers must improve the delivery of care to compete in the New Health Economy, they will have to incorporate new capabilities in their revenue cycle processes.

 

Health Services Deals Insights quarterly

Our quarterly updates provide insights into deal activity in the U.S. health services industries. This issue also spotlights the important role of the customer plays in the evaluation of healthcare transaction strategies.
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PwC Introduces our Virtual Business Office (VBO)

Hospitals are making significant investments in upgrading revenue cycle systems, but budget constraints can stretch resources. Listen to John Dugan and Steve Lutfy, who work in our US Health Service practice, address the market need and the capabilities of virtual business office available to healthcare providers.

 

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