Arkansas Shows the Nation the Value of Health Data Analytics
August 11, 2015
It is no secret that the healthcare system in the United States is among the most expensive in the world. In 2013, the U.S. healthcare system cost $9,255 per capita – almost twice as much as every other industrialized country – and accounted for more than 17 percent of annual gross domestic product. But although healthcare costs continue to rise by three to four percent year over year, the rate of increase has recently leveled off, in part as a result of the Affordable Care Act (ACA) and concurrent efforts to expand health insurance coverage, reform payment models, and incentivize the use of health data as a cost control mechanism. Reducing the cost of care will no doubt remain a priority well into the foreseeable future; however, it is also of the utmost importance that savings not come at the expense of quality healthcare for millions of Americans.
Read the entire article from Governing Business Council.
Dr. William Golden, Medical Director of Arkansas Medicaid
The big successes of our payment reform initiative has been engagement of the provider community.”
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