The United States spends more on health care than any other country in the world, at an estimated 17.7 percent of Gross Domestic Product (GDP) in 2013. U.S. health care spending is outperforming revenue as a percentage of GDP, and is projected to grow by an average of 4.9 percent a year in 2014-18, to 17.9 percent of GDP by 2018. Continue reading “Improve clinical, operational and financial performance” »
Customer behavior is a complex subject that affects the insurance industry in fundamental ways, from product development, marketing and distribution to in force management, financial reporting, and risk management. Insurance industry is using advanced analytical techniques to better understand customers. Continue reading “Advanced analytics playing a vital role for health insurers” »
The global healthcare industry is experiencing transformation due to the new regulatory laws and it is moving towards value based business. With growing demands of patients to improve quality of care and increased value, healthcare CIOs are under pressure to deliver better outcomes. Continue reading “Flexible applications can bridge the gap between payers, providers and patients in the new healthcare economy.” »
Today’s healthcare industry is going through massive change. Healthcare providers are continuously assessing how they can enhance patient care and grow revenue, while also improving cost, risk management, and outcomes. Continue reading “Healthcare buzz word today : Patient Engagement” »