The adage, “What goes up, must come down,” isn’t likely to apply to the global health care sector in 2019. Aging and growing populations, greater prevalence of chronic diseases, exponential advances in innovative, but costly, digital technologies—these and other developments continue to increase health care demand and expenditures..
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The healthcare industry’s transition to value-based payments has been slow but steady; inevitably, this new compensation approach will supplant existing fee-for-service models. The Centers for Medicare & Medicaid Services (CMS) has set a target of making 50% of its reimbursements through value-based care programs by the end of 2018.