Over the years, William Blair’s healthcare technology and services’ analysts have written several thought pieces regarding the momentum of value-based care (VBC) in the U.S. healthcare market. A healthcare model prioritizing quality, patient outcomes, and cost-effectiveness of services, VBC encourages preventative care and a better relationship between patient and provider. Throughout our coverage of the space, our thesis has been consistent: empowering primary care providers with total quality and cost-of-care responsibility will lead to better patient outcomes, higher patient and provider satisfaction, and lower healthcare expenditures.

In the 38th edition of his quarterly Healthcare Mosaic report, William Blair’s Ryan Daniels, CFA, partner, and group head of healthcare technology and services, dives into the growing importance of advanced specialty care in the VBC market. More specifically, he analyzes:

  • Why the VBC movement requires continued progression toward advanced specialty care management, especially as elevated costs trends and advanced disease progression pressure payer margins
  • The key areas of focus for advanced specialty care, including our updated analyses of the addressable markets, existing risk-based programs, and key saving opportunities for each area
  • Key market- and regulatory-driven factors that continue to drive growth in advanced specialty care
  • Challenges and opportunities in the movement toward advanced specialty care delivery
  • An overview of select companies in both the public and private markets that we believe are well-positioned to address these trends

As the healthcare system normalizes after the COVID-19 pandemic, the delay in preventive care and elective procedures may lead to a rebound effect: an uptick in utilization and associated costs.

“This pent-up demand, coupled with the increased complexity and acuity of care needs, contributed to a surge in healthcare costs, straining payers and providers alike,” Daniels said. “In our view, it’s also accelerated the need for specialty care management solutions—both to help control costs and to manage patients with more advanced disease states.”

For more information on the companies from Ryan Daniels’ coverage list, please contact us or your William Blair representative.