THE IMPORTANCE OF HEALTHCARE ECONOMICS

Healthcare economics is the application of empirical techniques and analytical theory to questions concerning how best to provide healthcare services to meet the needs of a population.

The foundation of our holistic approach is based on leveraging expert analyses and understanding of healthcare demands and systems in target markets to inform business and policy decisions.

How We Help

FTI Consulting’s Center for Healthcare Economics and Policy applies cutting-edge economics and quantitative methods to assist clients in developing and implementing market-based solutions across a wide spectrum of healthcare activity. We provide economic and financial modeling to develop evidence-based strategies to address fundamental changes in healthcare demand and delivery within a healthcare system or a region. Our advanced capabilities and extensive data sets can address effects of major policy, regulatory, or significant and disruptive changes on healthcare systems or communities, whether local, regional, national or international. We provide predictive modeling capable of evaluating complex “what-if” scenarios for both public and private stakeholders.


The Center’s focus on key analytic domains relies on a multi-disciplinary team composed of Ph.D. Economists, analytic consultants, advanced industry experts, and predictive modelers. Center domains include mergers and acquisitions, market insight, value-based arrangements, cross-stakeholder and community-level analysis including economic impact of poor health, population health, and transformation. The Center draws from a wealth of public, private, and proprietary databases. Together, the data can be used to assist clients develop actionable metrics, assess current and future capacity and resources, evaluate changes in reimbursements, consider patient behaviors and outcomes, track and simulate health populations over time, and guide future decision making, among others. The Center is positioned to respond to a wide-range of client needs at the local, regional, national level and international levels, whether from disruptive change, proposed new healthcare policies, or events such as the COVID-19 pandemic. We collaborate with colleagues across FTI Consulting, including strategic communications, healthcare practitioners and experts, and financial specialists. Clients include employers, payors, health systems and other providers, local and national governments, and community and regional consortia.

Experts With Impact

 

Awards

WWL

Meg Guerin- Calvert and Susan Manning recognized in: Global Leader Competition Economists and Experts – Economics – Competition Economists

Forbes

Recognized in the annual America’s Best Management Consulting Firms list (2016-2021)

Chambers and Partners

With 11 firmwide rankings and three individual rankings, FTI Consulting and Compass Lexecon and lead Chambers Litigation Support 2020 Rankings (2020)

Meg Guerin- Calvert recognized in: Thought Leaders – Competition – Economists

Stevie Winner

Achievement in Developing and Promoting Women, bronze 2020 Stevie Winner for Women in Business (2020)

Top Global Arbitration Review

FTI Consulting and Compass Lexecon Top Global Arbitration Review’s Expert Witness Firms’ Power Index