Understanding costs could be the single most powerful lever to transform the value of health care.
Without really understanding costs, how can one go forward to assess the merits and believability of scenarios.Predicting future demand is as hard if not harder.
It predicted continued membership growth for the year and raised its full-year earnings forecast to a range of $5 to $5.10 a share, excluding items, from $5. "It seems like Aetna is doing well in terms of understanding costs," said Matthew Coffina, a Morningstar analyst.
This paper aims to bridge the gap between understanding cost-effective ALMPs and boosting post-crisis recoveries.
But with increased choice to balance, the job of the fleet manager looks set to get more challenging — both when it comes to negotiating with (more and smaller) suppliers; understanding costs and utility; and intelligently matching transportation solutions with business needs and staff desires, argues Avrios.
First, this was a 12-month trial; a longer-term randomized clinical trial would contribute substantially to understanding cost-effectiveness of psychosocial intervention on schizophrenia.
In developing or scaling up CHW programmes, however, more attention needs to be given to understanding costs and cost-effectiveness from both a government and societal perspective and to integrating community health workers in national healthcare systems in terms of employment, supervision, support and career development [ 48, 49].
The last principle relates to understanding the cost of governance and it addresses issues such as the payment of board members, direct costs of meetings, staff supporting board activities, costs associated with errors made by boards, etc.
Future research should focus on understanding the cost drivers of ACS patients to identify and implement effective strategies to improve the quality of care and generate cost savings.
