2022 Holiday Reading Guide | Trilliant Health
Set your OOO messages and catch up on some of the best reads from 2022 over the holidays.?
1. For the healthcare CEO already planning for the year 2030?
Nationally, non-COVID-related care is down 6%, supply of new entrants is outpacing demand, and patients are facing increasingly higher deductibles in an uncertain economy. The convergence of these trends and many other factors suggest that every healthcare stakeholder will be impacted by reduced yield?for years to come.?
2. For the Chief Strategy Officer looking for an edge in 2023?
The U.S. healthcare system is a negative-sum game, and the losers will vastly outnumber the winners. For hospitals and health systems, which are effectively the parasitic host for the rest of the health economy, the stakes have never been higher. Simply stated, failing to plan is planning to fail.?
?3. For the health policy enthusiast?
The recent CBO analysis?suggests that the tax deduction for employer-sponsored health insurance and government subsidies for ACA Marketplace policies provides the Federal government with the incentive and, crucially, the power to establish caps for private health insurance reimbursements.??
?4.?For hospital operators in retail-heavy markets?
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Healthcare service rates for retailers like?CVS Health,?Walmart, and Amazon consistently fall below that of traditional non-retail urgent care; commoditizing services and driving prices down.?Now, traditional providers face a strategic dilemma: attempt to match the scale and price of?retail providers, or focus on higher-acuity—and higher margin—care that large retailers cannot and probably will never deliver??
5. For the data science devotee that's worried about data recency?
Like any living thing, data and information also decay over time, losing their relevance and value to the decision-maker as it ages. This phenomenon has accelerated in recent years as advances in analytics, data and technology have transformed the way organizations leverage information to drive decisions – making timely, accurate data one of the most precious resources an organization can have.?
OR the data science devotee?thinking about the "next big thing" in healthcare??
Patients are consumers, and leading consumer companies use recommendation algorithms to influence consumer behavior?- healthcare should, too.?
6. For the health system exec wondering where all the patients are?
The slow return to primary care and overall soft patient volumes has many health systems wondering if it's time to ask their payers for rate increases. But perhaps a more strategic solution would be to address the root cause of the problem: declining demand.?