Health Section: Understanding Tertiary and Quaternary Hospitals in the US, an Actuarial Perspective

Join Danny Moore and Aaron Jurgaitis as they discuss tertiary and quaternary care from an actuarial perspective. Danny and Aaron discuss:

• Definitions around the different levels of care, from primary up to quaternary
• Specifics around the types of care delivered in the specialized facilities that deliver this care, and
• The key themes actuaries need to keep in mind when analyzing data that include these types of services.

Aaron shares information from his background of performing analysis for pediatric and academic facilities that highlight important factors that actuaries should consider, such as relative efficiency, referral patterns, episodes of care vs. points in time, and the specific value of expertise that these facilities contain. The information shared is relevant from both a provider and payer point of view, and will broaden your understanding of the unique characteristics of tertiary and quaternary care providers.