The Three Focal Points of Value Based Care
Despite the many advances made in healthcare transparency and improvements in efficiency, cost shifting to Private / Commercial Payers is alive and well. As the most recent report from Nurses United (Nov 2020) illustrates, the Nationwide Average Charge to Cost ratio on Medical Claims is 417% (cont)
Specialty drugs are high-cost prescription medications used to treat complex, chronic conditions like cancer, rheumatoid arthritis and multiple sclerosis, in addition to very rare “Orphan” Diseases (i.e. “Bubble Boy” disease). Specialty drugs often require special handling (cont)