Focus on delivering sustainable and real value through understanding and helping address client challenges earn Deloitte top marks
NEW YORK, March 11, 2020 /PRNewswire/ -- Deloitte today announced it was named a winner of the 2020 Best in KLAS Award for Value-based Care (VBC) Consulting. This is the third consecutive year Deloitte has earned the prize. The award was announced in the "2020 Best in KLAS: Software & Services Report," which is based on thousands of verified customer interviews conducted by highly-regarded analyst KLAS research over a 12-month period.
Deloitte stood out as one of the fully rated transformational with overall performance scores above 90 for leading some of the most complex VBC transformation projects and working with highly complex clients in handling their projects.
Deloitte's overall score of 92.6 stems from its staff's ability to listen well and communicate clearly with client executives and teams. Additionally, Deloitte's work with medical centers, payers and health systems has helped optimize care models, design organizational structures and minimize risk — work that supports Deloitte's Best in KLAS designation.
The health care industry faces external pressures to reduce costs, while continuously being disrupted through M&A and data digitization. This leads plans and providers to shift away from traditional fee-for-service models. Deloitte's niche service offerings, including risk-sharing design and measurement; care model design and evaluation; ecosystem navigation; VBC analytics and interoperability and technology integration, have enabled clients to navigate their transition to VBC.
"As public health care coverage increases, providers are shifting to value-based approaches as fee-for-service margins are becoming increasingly negative. Organizations are assessing whether to take advantage of this shift from volume to value, but they first must answer if value-based arrangements are economically viable in their given market," said Jason Wainstein, principal, Deloitte Consulting LLP.
"Value-based payment models have the potential to disrupt traditional patient care and business models. Deloitte is able to support clients with our suite of services to help navigate the transition to VBC," said Mark Bethke, managing director, Deloitte Consulting LLP.
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 5,000 private and middle market companies. Our people work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Now celebrating 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's more than 312,000 people worldwide make an impact that matters at www.deloitte.com.
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SOURCE Deloitte Consulting LLP