2020 Healthcare Industry Trends

Patient centricity and value transparency are fundamental to healthcare and serve as a true north for all participants in the healthcare delivery process.

In May 2019, the Centers for Disease Control and Prevention (CDC) announced that in 2018 the US experienced the lowest birth rate in its history, continuing the last decade’s downward trend. While the overall US population is increasing, the number of births in the US has dropped to a 32-year low.

Each step in the patient’s journey has a technology element that can be used to improve the user experience. This infographic outlines the relevant research supporting each opportunity and describes how health systems are using the available technology to improve patient engagement and their own bottom lines.

Population health is often discussed in the context of large, adult-focused healthcare systems, yet children make up nearly a quarter of the U.S. population— and children represent one of the most vulnerable and important population segments. Children’s hospitals, guided by their boards, can play a critical role in managing the health of the youth community.

As value-based care contracting grows, health systems are increasingly seeking to impact the social determinants of health (SDOH), such as social issues, individual behavior, and environmental elements. Given that SDOH affect patients more than healthcare does, addressing them is key to an effective population health management strategy.

To compete successfully, the health systems of 10 to 15 years from now must be as different from their current form as existing systems are from the ones 80 years ago. What will drive this change?

Population health management tools can facilitate the development and maintenance of care plans for high-risk patients.

With bundle episode lengths increasing and the list of clinical episodes growing, population health management will continue to align with the implementation of bundled payments.

Every chance to close gaps in medically necessary care is an opportunity for providers to realize incremental revenues while doing what is right for their patients.