Services
Enhanced Community Healthcare Assessments & Economic Impact Analysis
Economic prosperity and health are linked in communities: improved health enhances economic conditions and resiliency; improved business and community activity supports health and quality of life. Poor health challenges the vitality of businesses and cities. Improving local population health requires sound, evidence-based strategies that address both economic and health impacts of chronic disease conditions including higher medical costs and reduced productivity. Our cutting-edge analytics inform business, health systems, payers, and community stakeholders of the economic disease burden of chronic conditions, projected future health services demand, and opportunities for transformative interventions. We seek to provide leaders with actionable data and new tools to support the business and community case for effective action for workforce and community.
Click here for more information
Service Leaders
Enhanced Community Health Assessments
FTI Consulting’s Center for Healthcare Economics & Policy (Center) provides a customizable analytical framework for conducting enhanced health assessments for communities and collaboratives of civic, business, government, and healthcare leaders. FTI’s Center delivers extensive data- based research using extensive proprietary and public data and advanced analytics for common yet customized metrics of disease conditions and effects. We systematically quantify medical and productivity costs and economic impact of disease conditions at the metro level across the US; our customized metrics provide important indicators of economic impact and stakeholder opportunities.
The Center combines extensive expertise with local leaders’ input to assist multi-sector collaboratives to identify issues, evaluate actionable and locally-relevant data, and assess best practices and impactful courses of action. Our expertise has enabled the Center to pivot to assist such stakeholders to assess the health, health equity and economic impact of the COVID-19 pandemic and to plan and assess new actions.
Integrated Economic Impact
In assisting not-for-profit hospitals to meet their community benefits requirements, Center health economists and skilled modelers capture the full economic and community benefits of our clients’ operations and investments using state-of-the-art methodologies. We provide customized reports to evaluate economic impact at local (e.g., metropolitan), state, or regional level.
Our benefits analyses encompass both traditional metrics and enhanced community benefits analyses customized to each health system. Our approach recognizes the economic value of a health system across many dimensions, including clinical network integration and care coordination.
We also serve clients in healthcare and other sectors by applying our advanced integrated economic impact capabilities to other contexts, including evaluating the economic impact of new construction, investments or technologies.
Related Insights
Developing the Business Case for Hypertension Control
Developing and Disseminating the Business Case for Employer Engagement in Hypertension Prevention and Control
Data Driven Approaches for Informed Health Equity Action
What Business Leaders Need to Know About the Benefits of a Healthy Workforce
Health & Economic Impact of COVID-19
Nashville Region Health Competitiveness Initiative: 2017 Report
Economic Impact of Health: Presentation to National Forum for Heart Disease & Stroke Prevention
National Forum Mid-Year-FTI-Erie County Presentation
A Conversation About Employer COVID-19 Issues and Emerging Opportunities (Winston-Salem, NC)
Health Collaboration to Address Health Disparities During the COVID-19 Pandemic
Faith, Community & Government – Health Collaboration to Address Health Disparities during the COVID-19 Pandemic
Health Equity – Economic Impact of Health Disparities
Mobilizing Faith-Based & Community Leaders to Improve Blood Pressure Control in Underserved Communities
Resources
Enhanced CHA and Economic Impact Analysis-Service Sheet
Economic Impact of Health-Service Sheet
Center for Healthcare Economics Collaboration Brochure