7-Part Strategy to Increase the Value of Healthcare

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The National Coalition on Health Care, a group of healthcare consumers, providers and payors, developed a seven-part strategy to increase the value of healthcare.

NCHC outlines the strategy in a report, "Curbing Costs, Improving Care: The Path to an Affordable Health Care Future." NCHC estimates the long-term policy changes they propose would reduce federal spending by $220.97 billion and generate $276 billion in health-related revenue.

Here is the seven-part strategy to increase the quality of healthcare while reducing costs:

1.  Change provider incentives to reward value, not volume.
2.  Encourage patient and consumer engagement.
3.  Use market competition to increase value.
4.  Ensure that the highest-cost patients receive high-value, coordinated care.
5.  Bolster the primary care workforce.
6.  Reduce errors, fraud and administrative overhead.
7.  Invest in prevention and population health.

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