Business Engagement for Health and Economic Well-being
Public-private partnerships are key leaders in times of economic and health crisis as collaborators address fundamental challenges to their local communities. Business, civic, and healthcare leaders recognize health as critical to their community’s economic vitality and quality of life. Workforce health and productivity are especially important to a community’s future economic growth and competitiveness. Many sources present statistics and findings on an area’s health status yet may not provide community leaders with actionable data or analyses to inform understanding and action. As a result, leaders face many unknowns about drivers the sources and economic effects of health in their region – and how best to move forward to make necessary changes for meaningful improvement for health and economic well-being.
FTI Consulting’s Center for Healthcare Economics and Policy (the Center) uses unique proprietary models and extensive health and economic data to quantify productivity and medical costs and critical factors of access and resources. We work with stakeholders to develop research customized to their issues and priorities to address fundamental questions: What is the impact of health on your community’s people, economy and competitiveness? What are effects for older residents? How do you compare with your peers? What is working and what are priorities for change?
Sharing of FTI Consulting’s data-driven research with public-private partnerships of local business, civic and healthcare leaders provides understanding and opportunities for strategies for consumer and community engagement and improvement. Our experts have comprehensive data and customizable models to serve communities across the country, such as our work with the Nashville Area Chamber of Commerce-led stakeholder group and a Population Health Collaborative-led initiative in Western New York.
We also conduct comprehensive Economic Impact Studies to assist local communities and health systems to understand the economic impact of operations, investments, and policies and changed conditions on local and state economies. To learn more about FTI Consulting’s customizable models, Economic Impact Studies, and consulting services, please contact Meg Guerin-Calvert at email@example.com.
Senior Managing Director, President, Center for Healthcare Economics and Policy