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Sponsor Message

 

Approximately 1 in 3 physicians, APPs, and nurses surveyed intend to reduce work hours. One in 5 physicians and 2 in 5 nurses intend to leave their practice altogether. Reducing burnout and improving a sense of feeling valued may allow health care organizations to better maintain their workforces postpandemic."  
Christine A.Sinsky, MD, VP, Professional Satisfaction, American Medical Association
 
 

Tidbits
This Year's Healthcare Economic Winners and Losers, and Issue With the Greatest Impact
 

This week, MCOL released results of the annual survey of healthcare stakeholders held in conjunction with the Future Care Web Summit, on which key topic would have the greatest impact, and what stakeholders would be economic winners and losers during this year.

Participants were asked to respond to three items:
1. Which one of these six topics will have the greatest impact on stakeholders in 2022?
  - Regulatory Health Policy Changes
  - Continued Growth in Telehealth
  - Continued Provider Economic Losses Resulting from Pandemic
  - Increased Utilization/ Negative Outcomes from Prior Deferred Care
  - Provider Staffing Issues Due to Pandemic/Burnout
  - Other Issues
2. Please project who you think the economic winners and losers for 2022 will be. Who do you think will be economically better off, the same or worse off by this time next year: Consumers; Employers; Health Plans; Hospitals; Physicians; Pharmaceutical
3. Please indicate your perspective:  Purchaser (Health Plan, Employer, TPA, Agent, PBM); Provider (Hospital, Physician, Pharmaceutical, Other Providers); and Vendor or Other

Stakeholders overwhelmingly selected “Provider Staffing Issues Due to Pandemic/Burnout” (49.0%) as the topic having the greatest impact in 2021, followed by “Regulatory Health Policy Changes” (17.6%).
Last year – in 2021- 38.2% selected Biden Regulatory Health Policy Changes, followed by 17.1% for Increased Utilization/ Negative Outcomes from Prior Deferred Care.

Providers, Purchasers, and Vendors/Others were relatively equal in naming provider staffing issues as the highest impact topic, with 52.4%, 50.0% and 46.2% doing so respectively. However, responses by these categories differed in which topic followed in being named the highest impact, with Providers and Purchases listing Regulatory Health Policy Changes (23.8% and 25.0% respectively) and Vendors/Others naming Continued Growth in Telehealth (15.4%.)

When ranking these six topics, with 1 being the highest impact and 6 being the lowest (and only assigning each number to one topic), Provider Staffing had the lowest average number ranking (indicating greatest impact) with 2.41. The other four specified topics ranged from 3.10 to 3.71, while all “Other Issues” averaged 4.82.

Who is an Economic Loser This Year?

Pharmaceutical was again named the biggest economic winner for 2022 (56.0% said they would be better off, compared to 68.4% last year) and was the only category with greater than 50% indicating so (Health Plans came in second at 45.1%, and all other categories ranged from 11.8% to 17.6%.).
With respect to losers this year – Consumers again came out on bottom (66.7% for 2022 and 63.2% in 2021) while Pharmaceutical again reflected the least pessimism (8.0% this year and 10.5% in 2021 picked them as losers.)

While zero percent of Providers Physicians as Better Off in 2022 (compared to 11.8% overall), more Vendors/Others actually picked them to be worse off (65.4% said Physicians would be worse off, compared to 57.1% of Providers.) More Vendors/Others also felt Hospitals would be worse off, compared to Providers (69.2% vs. 47.6%).

For More Information:
 
Future Care Web Summit 2022
https://healthexecstore.com/products/webinar-future-care-web-summit-2022

 
MCOLBlog
Platform mutual aid for healthcare coverage in China
by Rong Yi, Milliman, February 10, 2022

Since 2012, China has achieved near-universal health coverage through a set of sweeping national health reforms. The basic social health insurance mostly covers inpatient services. Outpatient and prescription drug coverage are not yet standardized within... Click to continue

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