Healthcare Custom Solutions
Global Insight provides customized input price indexes to reflect the specific health facility cost pressures within a region or state. These indexes help states and associations set and benchmark rates. To construct a state market basket, Global Insight's team of experts uses state cost reports or survey data to develop facility expenditure weights. Global Insight then selects the appropriate regional price proxies. Since labor comprises the largest component of any health facility's input costs, a reliable wage proxy is the key to a defensible input price index.
Global Insight's customized healthcare solutions can help you:
- Anticipate future spending patterns
- Set reimbursement rates by location and facility type
- Plan for changing employer benefit plans
- Identify market warning signs and key healthcare drivers
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