5 Trends in the healthcare landscape
And What They Mean For Business Acumen Training
Looking ahead to 2020, it’s clear that healthcare will continue to be disrupted by changes in the market, many of which will have a direct impact on the life sciences industry and their customers.
Here’s a few of these trends, along with a clip of discussions about their implications for business acumen training.
The Continued Focus On Delivering Greater Value
Value-based care is here to stay, even if the transition away from fee-for-service has been somewhat slower than expected. Today, slightly more than half of all payments made to providers are tied to clinical or financial performance according to the Catalyst for Payment Reform.
Listen To Trend #1
Ongoing Political Debates Concerning Prices, Obamacare, And Hot Topics
recent months, we’ve seen a number of drug pricing bills emerge from Congress. Legislative efforts to curb drug prices will likely continue in 2020, especially as the election heats up. For now, the ACA remains the law of the land, but its fate is uncertain and could once again be in the hands of the Supreme Court.
Listen To Trend #2
Push Toward Greater Consumerism, As Traditional Healthcare Providers Face Competition From New Entrants Into The Industry
Consumerism is about making the delivery of health services more responsive and convenient—two words that aren’t often associated with healthcare. This trend is why your traditional customers, namely physician groups and hospitals, are seeing more competition from telemedicine apps or retail clinics, like those in CVS and Walmart.
Listen To Trend #3
A Greater Call For Health Equity In Population Health Efforts
For several years now, healthcare providers have engaged in population health management through a variety of different models, such as patient-centered medical homes and ACOs, as well as through less structured strategies.
Listen To Trend #4
More Technology And Innovation Influencing Healthcare Delivery
Just like every other industry, healthcare is being transformed, and in some cases disrupted, by technology and innovation. In 2020, we’re going to hear more about how digital health, artificial intelligence, machine learning, regenerative medicine, telemedicine, and other innovations are changing healthcare.
Listen To Trend #5
Need Help With Business Acumen?
Creating business acumen training programs to increase competency and credibility with your customers should be a top priority for 2020. Take practical steps toward augmenting your current training initiatives or implementing a new, impactful program. CMR can tap into its library of more than 400 eLearning modules to curate a business acumen training program that meets your exact needs.
Contact us at email@example.com to find out how these resources—developed by our extensive network of subject matter experts—can improve your team’s customer and marketplace understanding today.