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ANALYTICS TOOLS TO DETERMINE HEALTHCARE DELIVERY COSTS AND VALUE DRIVEN OUTCOMES

In an editorial published in the New York Times entitled Why Medical Bills Are a Mystery", Robert Kaplan and Michael Porter of the Harvard Business School point out that efforts to combat rising health care costs are failing largely because we do not know what it costs to deliver an episode of care. Understanding the costs to deliver care is vital to controlling costs and preparing for the future as a health care system. At…

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