BOSTON, Feb. 7, 2019 /PRNewswire/ -- The health care industry is on the precipice of broad transformation, and for the health plan sector, organizations should transform business models if they hope to stay competitive among nontraditional market entrants, consumer-driven health demands and new data sources, according to new Deloitte research. The Deloitte Center for Health Solutions recently conducted crowdsourcing research to answer several important questions related to this transformation including: "How will traditional health plans transform, and what choices do leaders need to make now to survive the forthcoming disruption?"
The research revealed one particularly important vision: Business model transformation will speed up as health plans shift to a focus on improving wellness and care using multidimensional data. Tomorrow's health plans will balance traditional population-level risk with being hyper personal and easy-to-understand, based on consumer need. The organizations will also engage and influence consumers toward better health through a high-touch experience with digital devices.
"Data and data interoperability will be the key to improving wellness and care for members," said David Biel, principal, Deloitte Consulting LLP. "But consumers will own their data and will need to see and harvest the value in sharing it with health plans. Health plans will want to educate their members on the potential benefits of data sharing and alleviate concerns in order to build the level of comfort and trust required to access their data."
Deloitte's research found that companies will be focused on one or more of three fundamental roles that can drive value as the health care industry transforms:
"The transformation to the health plan of tomorrow is just a steppingstone on the journey to the future of health — a future that health plans should begin to prepare for by making strategic decisions now," said Biel.
To review "The health plan of tomorrow: Disruption is picking up pace" research paper, please visit Deloitte Insights. Visit Deloitte at HIMSS in Orlando Feb. 11-15 in booth #3957.
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About the Deloitte Center for Health Solutions
The source for fresh perspectives in health care: The Deloitte Center for Health Solutions (DCHS), part of Deloitte LLP's Life Sciences and Health Care practice, looks deeper at the biggest industry issues and pro-vides new thinking around complex challenges. Cutting-edge research and thought-provoking analysis give our clients the insights they need to see things differently and address the changing landscape. To learn more about the DCHS and our research, please visit www.deloitte.com/centerforhealthsolutions.
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