As we transition into 2020, the blog posts you’re used to seeing will transition as well. In January, the Deloitte Center for Health Solutions will introduce the Health Forward blog.  Subscribers will receive a bi-weekly email featuring original insight from Deloitte’s top thought leaders in life sciences and health care. You’ll need to update your subscription preferences to receive the Health Forward blog. The post New year, new insights appeared first on Deloitte Center for Health Solutions ..read more

How will artificial intelligence (AI) drive the digital transformation of biopharma? At the 2019 Global Financial Times Pharmaceutical and Biotechnology conference in London last month, we launched Intelligent drug discovery: Powered by AI. This report—the second in a series—explores the rise of disruptive AI for drug discovery companies and the challenges and opportunities for biopharma in using AI technologies to help find new, The post Intelligent drug discovery: Powered by AI appeared first on Deloitte Center for Health Solutions ..read more

Specialty-focused health care and life sciences companies tend to have a higher return on capital (ROC) than more diversified organizations, according to recent research from the Deloitte Center for Health Solutions. ROC measures how efficient a company is at turning investments into profits. It is the ratio of earnings before interests and taxes (EBIT) to capital employed. The post Specialized health systems, life sciences firms see higher returns than more diversified organizations appeared first on Deloitte Center for Health Solutions ..read more

Imagine how a completely interoperable health care system might work: Dara, a 78-year-old with chronic obstructive pulmonary disease (COPD), is admitted to the hospital after experiencing chest pain. She continues her COPD treatment in the hospital and has a medical device installed to help monitor her heart. Upon discharge, she is provided with an extensive follow-up care plan. The post Can the dream of radical interoperability become a reality in health care? appeared first on Deloitte Center for Health Solutions ..read more

Virtually every state Medicaid agency is surrounded by a cacophony of voices, some of which are louder than others. Some voices come from the legislature or the governor’s office, while others come from federal regulators and managed care plans. Medicaid agencies in at least three states—Colorado, Virginia, and Washington state—have recently tuned in more closely to a new voice…the voice of their members. The post New programs are helping Medicaid members find their voice appeared first on Deloitte Center for Health Solutions ..read more

Eight questions for Providence St. Joseph Health’s chief strategy officer In a rapidly changing health ecosystem, many hospitals and health systems are relying on strategy leaders to help navigate shrinking margins, aggressive competitors, value-based payment models, and increased consumer demands. The Deloitte Center for Health Solutions recently surveyed more than 60 health care strategy leaders (CSOs) from health systems and health plans—and conducted interviews with 10 more to learn more about this increasingly influential position. The post As the health economy transforms, health systems ..read more

It’s been four years since the Deloitte Center for Health Solutions collaborated with the Network for Excellence in Health Innovation (NEHI) to discuss the implications of value-based care on pharmaceutical innovation. Back then, the idea of value-based contracting (VBC) for drugs hadn’t moved much beyond exploring the concept. While there were a few examples here and there, The post While some barriers remain, value-based contracting for drugs has clearly moved past the talking phase appeared first on Deloitte Center for Health Solutions ..read more

Hippocrates (often recognized as the father of modern medicine) understood that disease wasn’t caused by the gods or influenced by superstition. Unlike many of his contemporaries, he saw the correlation between individuals, their communities, and their environments. He also understood that prevention was preferable to cure.1 More than 2,400 years later, it appears we are getting back to these basic tenets of health. The post Improving well-being often takes a community (and an expanded health ecosystem) appeared first on Deloitte Center for Health Solutions ..read more

Artificial intelligence (AI) is all around us. Even as I write this blog, the AI software in my computer is automatically correcting my misspellings, comma errors, and clunky grammar. It learns from my mistakes and gets better each time I write. As I head to the airport, my traffic app uses AI to continually recalibrate my optimal route, The post As devices generate more data, AI is becoming indispensable for medtech appeared first on Deloitte Center for Health Solutions ..read more

The real power of the internet of things (IoT) is the closed loop in which an array of smart devices gathers and shares meaningful data. This information is analyzed and interpreted, which ultimately leads to actionable interventions. In the digital world, the whole is often greater than the sum of its parts—this can be particularly true for an integrated digital health ecosystem. The post An integrated health ecosystem can be greater than the sum of its digital devices appeared first on Deloitte Center for Health Solutions ..read more