"Taking into account overlapping effects, [the authors] estimate a strategic combination of these initiatives could yield $542 billion in federal savings over the 2013 to 2022 period, helping to reduce Medicare and federal Medicaid spending by about 4.4 percent.... While much of the recent debate on Medicare and Medicaid savings has centered on either cutting consumers' benefits or providers' payments, the options [assessed in this working paper] favor a different approach: better care coordination and support for beneficiaries so as to unleash greater value from the health care system. These estimates, while inherently uncertain, help to illustrate the size of the potential modernization dividend."

MORE >>