Overhauling the US Health Care Payment System
The McKinsey Quarterly has a new article titled "Overhauling the US Health Care Payment System" (registration required). From the abstract: "Over the next five years, rapid innovation may lead to a restructuring of the value chain of health care payments and to a shift in the sector’s balance of power. Financial institutions have an opportunity to take on a more prominent role, while payers risk losing influence to new entrants. Providers stand to benefit as fewer dollars are wasted on transaction-processing inefficiencies."
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