bannertman.jpg (650×70)
 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

Other Recent Blogs:
     COVID in 2022: Key Components of Moving to an Endemic State
     The Tests Were a Test
     The Big Picture: Healthcare 2022 - Trends, Predictions Challenges & Opportunities
     Five Healthcare Prognosticators That Resonated for 2022
 
 
Weekly News
1 in 4 physicians say prior authorization delays have caused a hospitalization
More than 90 percent of physicians reported that prior authorization delays care, and nearly one-fourth say those delays have led to patient hospitalizations, according to a Feb. 10 American Medical Association survey.
Becker's Payer Issues
Report: Only 14.3% of hospitals compliant with price transparency rules one year in
Six months after finding only 5.6% of hospitals were in line with major price transparency requirements, an updated analysis from PatientRightsAdvocate.org found hospitals’ compliance has increased to just 14.3%—with the country’s largest health systems serving as the worst offenders.
Fierce Healthcare
Prescription drug prices have increased 2.5% since pandemic began
Prescription drug prices have risen 2.5 percent since the beginning of the COVID-19 pandemic, GoodRx reported Feb. 8.
Becker's Hospital Review
Healthgrades releases America's best hospitals ratings based on clinical outcomes
Healthgrades has released its list of the 250, 100 and 50 best hospitals for clinical excellence. The list of 250 represents the top 5% in the nation for 2022.
Healthcare Finance
HHS, FBI warn hospitals of LockBit 2.0 ransomware threats
HHS issued an alert Feb. 7 saying the ransomware group LockBit is posing significant cyberthreats to the healthcare industry despite the group's claims it does not attack healthcare organizations.
Becker's Hospital Review
Rural residents face racial inequities in accessing hospital care, study finds. Telehealth, policy changes help close the gaps
Rural residents who are Black or American Indian or Alaska Native are more likely to live further from a hospital than white rural residents, according to a new study.
FierceHealthcare
Black women disproportionately concentrated in low-wage, hazardous healthcare jobs, study finds
Black women are more widely represented in healthcare than any other demographic group, but are disproportionately concentrated in some of the industry's most dangerous and lowest wage jobs, according to a new study published in Health Affairs.
Healthcare Dive
Midsize hospitals lose more than $45K an hour in cyberattacks, report finds
Healthcare is one of the most highly targeted industries for cyberattacks, with hospitals as the victims of 30 percent of all large data breaches.
Becker's Hospital Review
California inks sweetheart deal with Kaiser Permanente, jeopardizing Medicaid reforms
Gov. Gavin Newsom’s administration has negotiated a secret deal to give Kaiser Permanente (KP) a special Medicaid contract that would allow the healthcare behemoth to expand its reach in California and largely continue selecting the enrollees it wants, which other health plans say leaves them with a disproportionate share of the program’s sickest and costliest patients.
FierceHealthcare
Staffing overtakes financial challenges as top concern among hospital CEOs, survey finds
Staffing shortages were the No.1 concern confronting hospital CEOs in 2021, followed by financial challenges and patient safety and quality issues, according to an annual survey from the American College of Healthcare Executives.
Healthcare Dive
 

Browse an archive of publications, plus more -- from your MCOL member website: http://member.mcol.com
   

 

MCOL - The healthcare business digital media company
www.mcol.com

 

MCOL respects your privacy. Please read our online Privacy Policy.

Copyright 2022, MCOL, Inc. All Rights Reserved.