A Growing Multinational Focus on Wellness and Prevention Can Be a Cost-Saving Measure

Summary: Financially stressed healthcare organizations seeking alternative revenue streams should study wasteful medical practice variations that consume an estimated 30 percent of every healthcare dollar, advises Dr. David Chin, a national partner in the Health Industries Advisory Practice of PricewaterhouseCoopers LLP and the managing partner of PwC's Global Healthcare Research Institute. Focusing on emerging trends, Dr. Chin reflects on the growing multinational focus on wellness and prevention as a cost-saving measure and the impact that new models of primary care will have on related occupations. Dr. Chin, along with Perry Hanson, partner with Wipfli, a national accounting and business consulting firm that provides consulting, tax and audit advice for the healthcare industry, will examine how the new administration and ongoing economic woes will shape the healthcare industry in 2009 and how organizations can best prepare themselves for the year ahead during Healthcare Trends and Forecasts in 2009.