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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business Review

This was because their expenses grew faster than their revenues, despite cost-cutting initiatives. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. .” A recent Navigant survey found that U.S.

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America's Cities Need to Get Smarter

Harvard Business Review

Meanwhile, declines in revenue and escalating fixed costs for things like public employee pensions and health care are crippling our cities budgets. According to the National League of Cities , city financial officers have recently experienced the largest spending cuts and losses of revenue in a quarter century.

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Tackling the “Hotspotter” Patient Challenge

Harvard Business Review

A fascinating business dynamic will unfold as health care providers in the United States shift from a reimbursement system that has historically paid for procedures performed to one that rewards population health — providing the total care of a community at a fixed cost and improving its members overall health.