During my visit, I had an opportunity to meet with some executives of one of Shanghai’s largest health delivery systems. Speaking through interpreters, we discussed how the use of advanced analytics can help transform the quality and cost of care. One of the most significant contrasts I noticed between this discussion and others I’ve participated in was the marked lack of focus on financial analytics. Because China’s health care system is government funded, hospital systems are less driven to focus their time and energy on issues like reimbursement — a major driver of costs here in the US for both hospital systems (who are forced to employ armies of reimbursement experts to get paid for the patient services they deliver) and the patients (who can face anything from rising co-pays to bankruptcies due to escalating health care costs). The entire focus of our conversation was how to help patients get better health outcomes.
My Trip to Shanghai
- Post author:Jason Burke
- Post published:July 19, 2017
- Post category:conferences
Jason Burke
Jason Burke is a Partner at CREO Inc where he leads the firm’s Analytics and Data Sciences practice. Previously, he served as System Vice President and founding Chief Analytics Officer for UNC Health where he was responsible for analytical strategy, R&D, data governance, and consulting services for the $5B state-wide health delivery system. He is the author of one of the leading books on business analytics in health and life sciences, and has served as both a founder and advisor to multiple industry and academic think tanks focused on business transformation with emerging technologies, analytics and data sciences.