Symplur: Healthcare Costs
Increased healthcare costs or enhanced healthcare pricing has become a global challenge. Various factors are responsible for high healthcare costs, including the aging population, medical technology, limited healthcare resources, etc. Among all these factors, one of the essential factors responsible for increased healthcare costs is healthcare organizations' inability to measure and manage the actual value of health care. Therefore, to ensure health equity and better health outcomes, healthcare organizations should find better ways to measure and manage medical expenses and value.