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Healthcare in developed economies is facing a two-pronged attack: aging populations and governments that can no longer afford the burgeoning costs. So doing more with less is not just a buzz slogan in healthcare - it’s becoming a critical imperative. And the way in which doctors and other healthcare professionals are remunerated could be an important part of easing the pain.
In this Profit through Process podcast, PEXNetwork speaks with Dr. John Toussaint, author of the book On the Mend: Revolutionizing Healthcare to Save Lives and Transform the Industry and Managing Director of Thedacare Center for Healthcare Value. Dr. Toussaint describes a new initiative he is launching that looks to redesign the payment process for healthcare in the US in a way that better aligns outcomes with financial rewards.