Total cost of care is the full cost of all healthcare services across an entire population. It’s an accounting metric that is gaining steam as the healthcare industry sharpens is focus on reducing healthcare costs through affordability initiatives.

Proponents of total cost of care say that as more sectors in the healthcare industry accept total cost of care as a standard measurement for understanding healthcare costs, more can be done to address affordability, health equity and getting to the causes of overpriced healthcare.

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