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About this practice
Healthcare improvements have dramatically increased life expectancy, and new treatments are increasing the quality of life. Yet this progress has created daunting economic challenges. For at least four decades, annual growth in healthcare spending has exceeded GDP growth by an average of about 2 percentage points in most developed countries. Healthcare is now the world’s largest industry—with a value and cost three times greater than the banking sector.
Most governments and healthcare leaders understand that spending increases cannot continue indefinitely and are looking for ways to increase efficiencies. How can organizations care for more people, with better results, at a lower cost?
What we do
We work with healthcare leaders to improve world health outcomes. We help:
- National and regional health services to transform care delivery and make it more sustainable
- Health insurance companies and other payors to improve the value of healthcare
- Hospital chains to transform operational performance
- Academic medical centers to refocus strategy, operations, and governance
- Integrated care organizations to improve healthcare delivery
We take a highly collaborative approach, from guiding national governments as they set priorities to working with nurses to improve hospital ward operations.
Who we are
McKinsey brings a global perspective and an understanding of how healthcare really works. We have the experience to counsel senior healthcare stakeholders and the size and scale to ensure real expertise across the landscape.
Our Healthcare Systems & Services team includes more than 1,700 consultants worldwide, over 150 MDs with patient care or research experience, and at least 250 consultants with masters or doctoral degrees in the life sciences and medical fields.
We have engaged in projects in over 70 countries, and our healthcare consultants speak more than 100 languages.
Knowledge and networks
We convene leaders from across the healthcare landscape and deliver innovative insights and services to clients.
Center for US Health System Reform. Our source on the economics of health and the implications of the Affordable Care Act, the Center undertakes original research and develops tools to help navigate in a post-reform era. more
McKinsey Hospital Institute. Solutions and support for hospital leaders focused on performance transparency and lasting impact, offered in Germany, the United Kingdom, and in the United States through Objective Health.
Leading Systems Network. A membership-based community convening leaders from forward-thinking health systems, sharing new ideas and innovative ways to drive performance improvements. more