The shift from fee-for-service reimbursement to value-based payment models will continue in 2020, including the trend for healthcare providers and third-party vendors operating in the healthcare space to assume some of … 1995 Sep;26 (1-3):131-8. Consumer experience. One approach to overcome these obstacles that is getting a lot of traction, and for good reason, is employee engagement. 7 Major Challenges Facing the Healthcare Industry in 2021 1. In addition, HHS recently released proposed changes to the antikickback statute and Stark Law. On October 16, 2019, HHS Secretary Alex Azar announced that in fiscal year 2019, the FDA approved a total of 1,171 generic drugs, an all-time record, following a record 971 approvals in fiscal year 2018 and a record 937 approvals in fiscal year 2017. Attackers are getting smarter and more persistent. Healthcare entities are continuing to see a rise in the number of cyberattacks. We’re very excited to share the biggest recruitment challenges HR professionals will face in 2020 as well as the expert insights and practical tips for solving them. There is certainly a lot to be excited about as the industry evolves. New mandates, both at the state and federal level, add a layer of complexity to running a business. But this pandemic has exposed a new challenge for healthcare workers; hospitals and medical offices running out of PPE. … Furthermore, as parties enter into these types of agreements and providers take on additional responsibilities and financial risk, it is important to assess whether the relationship will be subject to regulation under state insurance or managed care regulations, Cook Rush says. According to Kaiser Family Foundation research, the annual cost of a family health insurance plan has now surpassed $20,000. Monitoring data’s security is also key. Also, it’s important from both parties’ perspectives that the metrics and data being measured are an actual assessment of improved health that will result in cost savings. So let’s get started! revealed that by late 2019, 66 percent of health systems will offer digital self-scheduling and 64 percent of patients will use it. Karen Appold is a medical writer in Lehigh Valley, Pennsylvania. With continued reforms to Medicare and the Affordable Care Act (ACA) – whatever form those may take in the future – we expect to see a continuation of payer/provider partnerships. Key NHS Challenges. All rights reserved. According to Bell, a few of the key components related to reducing drug pricing are: While many components have not yet been addressed, areas such as providing avenues to bring more generics to market have. In a 2014, , up to 40 percent of respondents under the age of 45. found that 54 percent of healthcare consumers want to interact more with providers through apps on their smart phones. The past decade has seen healthcare emerge as one of the most important issues of our time. Consumer Experience . 4. As the NYT reports, healthcare workers in the US are being forced to reuse items that are one-time use only. “Although we don’t know which portions of the proposed changes will be implemented in final rule-making, there will be changes that will more than likely come in 2020,” says Kelli Carpenter Fleming, Esq., a partner in the healthcare group at Burr & Forman LLP, a law firm located in Birmingham, Alabama. Is Your Connected Community of Care Making a Difference? Insurance companies need to understand that doing business using legacy systems which have varying levels of security is tantamount to their business. 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