US Healthcare The industry is one of the biggest changes any industry has seen since the dot-com boom of the late 1990s. This massive change is driven by federal mandates, technological innovation and the need to improve clinical outcomes and communication between providers, patients and payers.
The changes in the COVID-19 pandemic, along with aging, an increase in chronic diseases, lower reimbursement rates, and value-based payments, have increased pressure and highlighted the need for new technology to enhance virtual and value-based care .
Improving medical outcomes now requires processing vast amounts of health care data, and the cloud plays a vital role in meeting the current needs of healthcare organizations.
challenges in healthcare
Most of today’s health care challenges fall into two broad categories: rapidly rising costs, and increasing burden on resources. Rising costs – and the resulting inadequacy of health care resources – may stem from:
Growing population: As people age and live longer, health care becomes more expensive. As medicine improves, people age 65 and older are expected to make up 20% of the US population by 2030, according to the US Census Bureau. And as older people spend more on health care, so does the aging population. Be expected To contribute to increasing health care costs over time.
Prevalence of chronic diseases: According to a National Center for Biotechnology Information report goodTreatment of chronic disease accounts for 85% of health care costs, and more than half of all Americans have a chronic illness (diabetes, high blood pressure, depression, low back and neck pain, etc.).
High running cost The cost of ambulatory care, including outpatient hospital services and emergency room care, increased the most among all treatment categories included in a 2017 study. Journal of the American Medical Association.
Rising health care premiums, out-of-pocket expenses, and Medicare and Medicaid: Healthcare Premium a . increased from An estimated 54% between 2009 and 2019. The COVID-19 pandemic has boosted enrollment in government programs such as Medicaid and Medicare, which has increased the overall demand for medical services, contributing to rising costs. a 2021 IRS Report It highlighted that the change to high-deductible health plans — with out-of-pocket costs of up to $14,000 per family — also increased health care costs.
Delayed care and surgery due to COVID-19: A survey by the Kaiser Family Foundation (KFF) in May 2020 indicated that up to 48% of people withheld or postponed medical care due to concerns about the COVID-19 pandemic. About 11% of them reported that their medical condition worsened after leaving or postponing care. Non-emergency surgeries were often postponed, as resources were set aside for COVID-19 patients. These delays make treatable conditions more expensive and increase the overall cost.
Lack of pricing transparency: Without transparency, it is difficult to know the true cost of health care. The fragmented data landscape fails to capture complete details and complex medical bills, and does not give a complete view of payments to patients.
need for modernization
To reduce the impact of increased costs and insufficient resources, healthcare organizations need modern systems designed to replace outdated IT programs and support rapid innovation for site-agnostic, collaborative, whole-person care. Adoption is needed – despite all being affordable and accessible.