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Gnostam Consulting Releases Study of Healthcare sector

Seattle based management consultancy, GNOSTAM, completes study on economic impact of Health Care reform.

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Gnostam logo

Gnostam Consulting www.gnostamconsulting.com,  completes a study of the economic impact of healthcare reform on Insurers and Providers.

It is well known that a stitches in a US emergency room can cost upwards of $ 1,500 while the exact same procedure as a private patient in a “socialized” hospital in Europe cost 10 times less.  Much of the cost differences have to do with the “business model” chosen.  Now that the Obama administration Health Care rfrom law is likely to survive, it will become ever more important for Healthcare industry participants to find new more efficient business models to enable them to compete in the new world.

The study details the impact of the choice of business model by industry on healthcare costs, and provides some strategies and metrics for the increasing the effectiveness of healthcare delivery.  The study argues that these changes will be beneficial to those in the healthcare industry who are the early adopters.  Rather than focus on the health care “fee for service” model alone, the study highlights ways in which return on investment for healthcare providers and insurers can be increased, while providing better and lower cost healthcare to patients.  The study also highlights the economic impact of increasing use of supplementary healthcare private insurance, as a “risk management” tool for employers and employees against catastrophic health occurrences.  

The report can be downloaded from the Gnostam Consulting website, [www.gnostamconsulting.com].  By focusing on the industry economics, the Gnostam Consulting Study explores what catalysts there may be to changing healthcare “business models” that had been assumed to be cast in stone.  By reviewing their strategic position, insurers and healthcare providers can chart a course to improve their sales, margins and financial performance, whether in the private or public sectors.

Gnostam Consulting is a Strategic business development and Financial consulting firm based in Seattle.  It was established in 2007 by Philip Corsano, who was the founder of Renfe Talgo of America, a company that successfully launched the first privately funded high speed rail US high speed rail passenger service in 1994.  Philip Corsano was also the lead consultant in the successful turnaround of a large IBM sponsored IT airline reservation network in Eastern Europe.

Gnostam has advised companies in the energy, alternative energy, IT , transport, financial and asset management, and healthcare sectors, substantially and consistently increasing their overall returns on investment.

Gnostam Consulting has advised Fortune 100 companies entering emerging markets, restructure  operations both in the Euro Zone and in the US, and has provided reliable and unbiased advice for building financial stability of organizations in the private and not profit sectors.  Gnostam has been a regular contributor in the European news media on discussions on ways to solve the deepening Euro Zone sovereign debt and banking crisis.

Gnostam Consulting’s experience can viewed on www.gnostamconsulting.com and on  www.linkedin.com/in/gnostam.


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Source:Gnostam Consulting
Location:Seattle - Washington - United States
Industry:Health, Marketing, Finance
Tags:Health Care, Financial Management, Philip Corsano, Gnostam, London Business School, Strategic Consulting, Change Mangement
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