Fostering a Competitive Culture Using Competitive Benchmarking Analysis – A Case Study on the US Healthcare Industry
US Healthcare System Overview
Amongst the healthcare systems in advanced industrialized countries the US healthcare system is unique in every aspect. This can be attributed to several factors including the absence of a uniform health care system and the recently mandated regulation regarding the need to offer health care coverage to almost everyone. However, over the years, several factors have paved way for new challenges in the U.S healthcare industry. This makes it even more vital to staying clear-eyed about the difficulties faced by the US healthcare industry players. Overcoming these challenges is easier said than done. But, with the availability of vast data sources, it is now possible to benchmark the industry standards and implement business processes to comply with the regulations.
US Healthcare Industry Outlook
With outcomes, quality healthcare, and healthcare standards being the buzzwords for the US healthcare industry- the stakeholders in the US and across the globe are on the lookout for innovative and cost-effective solutions to deliver patient-centric, tech-enabled smart healthcare services to their customers both within and outside the hospital walls.
As we come to the end of 2018 and head into 2019, leading US healthcare industry players are constantly dabbling upstream, straddling two canoes between value-based healthcare services and advanced healthcare. Owing to this one may wonder- What other challenges lie ahead for the US healthcare industry in the coming year? How will the US healthcare system leaders tackle such challenges?
The client- a leading player in the US healthcare industry. With over 30 years of experience, the US healthcare industry player is well-known for offering advanced healthcare services.
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