Measuring Healthcare Performance is Their Business, and Business is Good

October 24, 2016 Courtney Tobe

This article originally appeared in Modern Healthcare on Oct. 22, 2016: http://www.modernhealthcare.com/article/20161022/MAGAZINE/310229966/measuring-healthcare-performance-is-their-business-and-business-is 

Modern Healthcare:  “Value is the new economy, and measurement is going to be the new currency,” said Craig McKasson, chief financial officer of Premier, a Charlotte, N.C.-based company that’s aggressively growing its division dedicated to healthcare performance-improvement technology and services. On Oct. 14, the CMS issued its final rule implementing the Medicare Access and CHIP Reauthorization Act, or MACRA, which made significant changes to the draft rule. The law was conceived to coax the entire industry toward value-based care, and it’s accelerating the demand for third-party experts whose services encompass everything from simply capturing information to analyzing it for performance improvement.

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