Health Q

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How to make a public health care system more efficient through property rights and voluntary exchange.

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Early adoption of digital solutions to provide services, whether health related or not, allows organisations to be ready for future user demands. The large pool of data on patterns of service/product consumption, feedback and possible future behaviour (extracted from data analytics) can guide strategic decisions on what to invest in and for whom. Digital healthcare innovation was needed decades ago, with or without a global health emergency. Other industries with complex systems have rapidly adopted digital transformation; such as logistics networks, taxation, commerce and others - except healthcare. A company that is already accustomed to some form of digital-based communication and operations (as much as possible) are the ones most able to survive and thrive in these circumstances. A government body that can still function and serve remotely and digitally is the most ideal form of democracy. An organisation with remote workers, paperless reporting, established telecommunications through all chains of command are really agile in its truest form. I had predicted 2 years ago that digital healthcare solutions would be the dominant narrative for the emerging middle class of many developing countries in Asia. it is time for the global industry to transform itself to the new reality. Now.

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Presentation titled "A tisket, a tasket, is MNCH in your benefits basket?" given at 2015 USAID Global Health Mini-University held March 2, 2015. Session description: Design of the benefits package "who gets covered for what services" can make or break efforts to expand universal health coverage to end preventable maternal and child deaths. The ideal benefits package will consider the local burden of disease, improve economic efficiency, achieve equity, and be politically sustainable. Poorly designed benefit packages cost too much, cover services benefiting only a subset of the population, or risk political backlash. This session presents the benefits packages for Ending Preventable Child and Maternal Death (EPCMD) countries, and the technical and political factors that influence their design. Participants will do an exercise to look at these factors for a sample of countries grappling with the trade-offs for benefit design to address the needs of poor mothers and children.

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Health insurance exchanges will significantly impact the healthcare entities and more so the payers. Payers will have to align with the change in focus from B2B model to B2C model and this entails payers to focus on various aspects to succeed. Article outlines key success factors which payers will have to factor in to tide over the changing fundamentals of U.S. healthcare due to the shift towards retail healthcare.

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IN THIS SUMMARY In Seven Strategies to Improve Your Bottom Line, E. Preston Gee outlines different tools and strategies that can help healthcare executives cut costs and improve their hospital’s efficiency and overall popularity. Some of these strategies include the incorporation of the Internet as a management tool, the incorporation of complementary and alternative medicine, and the addition of retail-like visual traffic. E. Preston Gee goes on to discuss the various ways hospitals can increase the number of insured individuals within their community, thus increasing the hospital’s revenue. He also explains the concept of “co-opetition,” and highlights the ways in which healthcare executives can use communication as an economic tool to improve overall hospital profitability. SUBSCRIBE TODAY http://www.bizsum.com/summaries/seven-strategies-improve-your-bottom-line

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Health Q