As the health sector’s center of gravity shifts toward customers, savvy new players are moving fast to capitalize on the change. These new entrants are poised to shake up the industry, drawing billions of dollars in revenue from traditional healthcare organizations while building lucrative new markets in the burgeoning New Health Economy. HRI examined these new players, and measured the impact they are having on the industry.
New entrants are creating options consumers want, threatening billions of dollars in hospital and physician revenue. HRI asked consumers how likely they would be to choose various care alternatives, if they cost less than the traditional choice. Percent of respondents answering “Very likely” and “Somewhat likely” to consider these options.
While opportunities abound, healthcare remains a complex and highly-regulated ecosystem. One of the biggest barriers to change, its third-party payment system, is unlike that of any other industry. Success will require an understanding of market needs, consumer desires, regulatory requirements and reimbursement complexities.
PwC’s Health services works with you to build a select primary care team and more. Discover other ways we’ll help you succeed in the New Health Economy.
Principal, Health Industries, PwC US