An option is a right, not an obligation. A real option is a financial option adaptation. It supports real world decision making through the integration of decision trees, probabilities, net present value (NPV) calculations within time based constraints and communicated within digestable executive frameworks. The process is for the identification, development, evaluation and selection of options with the overriding point is that options development is for the executive team to ultimately accept or veto.


IDENTIFICATION
Identify Cost and Utilization Drivers Analyzing Claims and Eligibility Data


DEVELOPMENT
Develop Strategic Options and Financial Models into Decision Making Framework


EVALUATION
Evaluate Options from Design, Funding, Benchmarks, Risk and Operations


SELECTION
Select Strategic Option, Set KPI's, Measure Performance and Report Outcomes

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