Published November 23, 2015
by Christopher Cheney
Cost-Consciousness Dawning on Healthcare Providers
The lines are blurring between payer and provider perspectives on total cost of care as healthcare’s payment model shifts from volume to value. Now, using a payer’s methodology, providers are mastering TCOC accounting.
For decades, commercial payers have been trying to track the total medical-services “spend” of individual beneficiaries and beneficiary cohorts on an annual basis.
Providers are catching up.