Salt Lake City, July 30, 2018 –Today, Leavitt Partners released “Health Care Markets: What Matters and Why,” a white paper that provides a framework for health care entities to make evidence-based decisions on when, where, and how to start, expand, or invest their business.
Amidst a rapidly changing health care environment, a health care market framework and accurate data are essential tools for providers, payers, employers, investors, vendors, distributors, and other entities to use as they evaluate markets and consider resource allocation, service line, and facility expansion decisions. The Leavitt Partners framework characterizes a market’s “health care DNA” across five domains. Using data from Torch Insight™, an integrated data warehouse and analytics suite, the authors apply an example to each domain:
- Population demographics and health status
- Provider characteristics
- Payer characteristics
- Effect of competition
- Health system transformation
Rising health care costs, the transition to value-based payment, and technological innovations are all driving change in the health care landscape. Despite these macro-level forces, health care remains a highly localized industry and markets differ significantly from each other. The Leavitt Partners health care market framework allows entities to understand the nuances of each market across these five domains and enables entities to make more informed, deliberate, and accurate business decisions.
The white paper can be viewed here.
About Leavitt Partners:
Leavitt Partners is a health care intelligence business. The firm helps clients successfully navigate the evolving role of value in health care by informing, advising, and convening industry leaders on value market analytics, alternative payment models, federal strategies, insurance market insights, and alliances. Through its family of businesses, the firm provides investment support, data and analytics, member-based alliances, and direct services to clients to support decision-making strategies in the value economy. For more information please visit www.LeavittPartners.com.
About Torch Insight™
Torch Insight™ is a Leavitt Partners data solution offering access to an integrated data warehouse and analytics suite that solves the current fragmented nature of health care data resources. Torch Insight™ offers access to 2,000+ aggregated, linked, and validated public and proprietary data metrics. For more information please visit www.torchinsight.com