The healthcare cost curve can be bent.

The nation's annual growth rate of medical costs could be halved if the nation were to rigorously pursue the following initiatives, among others: Move rapidly from fee-for-service to value-based contracting. Increase the supply and effective utilization of primary care physicians and physician extenders. Focus more on chronic disease management. Pass tort reform. Encourage the formation of multispecialty group practices and integrated systems. Reduce administrative complexity.