For firms that have investments in the healthcare sector, our comprehensive Cost, Outcomes, and Access model provides a powerful tool for collecting and analyzing data. This model focuses on key metrics that matter to impact investors, allowing them to gain a holistic view of the healthcare entities they have invested in.The focus on Cost, Outcomes, and Access within the healthcare sector resonates strongly with the Social (S) component of the ESG (Environmental, Social, and Governance) framework. By understanding these aspects, investors can gain a multifaceted view of healthcare organizations that goes beyond financial performance to include quality, efficiency, and social responsibility.
Data Points to Consider
Breakdown of revenue streams, such as government funding, private insurance, out-of-pocket payments, etc.
Sustainability and diversification of revenue sources.
Cost of Care
Analysis of costs associated with various healthcare services and procedures.
Comparison with industry benchmarks to evaluate efficiency and effectiveness.
Quality of Care
Metrics related to patient safety, effectiveness, patient-centeredness, timeliness, efficiency, and equity.
Alignment with recognized healthcare quality standards and patient satisfaction scores.
Access to Care
Availability of healthcare services to different populations and communities.
Analysis of barriers to access, such as geographical location, financial constraints, cultural factors, etc.
Strategies to enhance accessibility and reduce disparities.
Data in Context
What are we talking about when we're talking about Benchmarking? Let's be careful when we throw that word around.