To drive the medical cost trend down, employers are taking a more active role in managing healthcare costs. Using a public-private key, a patient can decide who is going to have access to their record. What follows are the four biggest trends that Roesch and McGowan believe will shape healthcare and medical design over the next 10 years. Digital medical records are easy to access, making the consultation process super convenient. We take your privacy very seriously. According to the World Health Organization (WHO), there are 20.7 million nurses worldwide. A new decade has finally dawned, and behavioral health continues to advance. For example, in December 2018, the Texas District Court ruled that the ACA was unconstitutional. Banned access to the insurance exchange for those with illegal immigration status (which is under court review). The case reached the Fifth Circuit Court of Appeals, which heard oral arguments in July 2019. The White House endorsed the Senate’s bipartisan Prescription Drug Pricing Reduction Act, sponsored by Chuck Grassley (R-Iowa) and Ron Wyden (D-Ore), in November 2019. The demand for innovation to drive simultaneous improvement in health outcomes, affordability, quality, and access will continue to be high. Health Care 2020 Part 1: Transition to Value This report examines the healthcare industry’s ongoing transition to value, including trends in payment reform, consumer choice, mergers and acquisitions, and innovation that are transforming the healthcare business model. Here are six developments we believe are worth watching and the ways that action today can help people and communities across the United States on their path to … Helps stop illicit opioids from entering the country. Informatics Trends to watch in 2020. Unlike the House’s titled the Elijah E. Cummings Lower Drug Costs Now Act, the Senate Bill does not give the Department of Health and Human Services (HHS), the government body with jurisdiction over public health, the ability to negotiate drug prices or target private insurance. 1. This report is based on a 2019 webinar given by Stephen Grossbart, PhD, Senior Vice President and Chief Quality Officer, Health Catalyst, titled, “The Biggest Healthcare Trends of 2019 and What’s to Come in 2020.”. It’s predicted that the younger generation will keep the ball of decentralization rolling. As the push for virtual healthcare continues, so does the pressure for health systems to develop these programs, which requires a major overhaul for some organizations. Figure 4. The new telemedicine parity law requires private insurance companies to cover telehealth the same way they cover in-person visits, making opioid disorder support services more affordable. Blockchain systems in healthcare prove efficient when a patient is traveling to another country. Looking to 2020, there are some clear trends on the horizon that could fundamentally alter the health care narrative well into the next decade. How do prescription drug prices impact a health system and its patients? Healthcare is an essential, dynamic, and opportunity-rich industry. The other is that data protection within cloud ecosystems require stringent standards. Cloud platforms boost collaboration between doctors and patients. Here's an example of new trends in technology: Neuroscientist Nanthia Suthana is using virtual reality to help her patients fight memory loss. Although the Prescription Drug Pricing Reduction Act bill establishes a $3,100 cap on annual out-of-pocket spending in Medicare Part D, starting in 2022, its main objective is to create incentives for payers to manage costs throughout all phases of the Medicare Part D benefit journey. Delayed Care in the Past Year by Race/Ethnicity Graph, 2016. Private sector companies are also playing a part in healthcare on an unprecedented level. As we look ahead, we suggest keeping an eye on the following seven trends. Healthcare organizations should offer, or consider offering, easily-accessible healthcare consultations—like virtual healthcare and telehealth—that also emphasize quality care with convenience and easy scheduling. 10 Healthcare Technology Trends to Watch in 2020. May 19, 2020. Instead of doing a check-up once a year, patients can get health updates more frequently. The patients with brain implants can participate in virtual reality task in VR that simulates the real-world environment. Well+Good's editors gazed into their crystal balls to name the fitness and wellness trends everyone will be buzzing about in 2020. Telemedicine also freed urban citizens from hours in waiting rooms caused by the unavailability of medical professionals. If a specialist is needed for a consultation, a patient can grant access via a system that all parties are using. After a year full of change and many topics competing for the headlines in 2019, politics and reform, the Affordable Care Act (ACA), prescription drug access and pricing, and price transparency were major areas of focus politically. Please see our privacy policy for details and any questions. Further advancements in Artificial Intelligence will lead to the wide use of augmented artificial intelligence systems, which opens up new possibilities. Lowering the cost of short-term insurance plans. When it comes to adopting technology, healthcare is a bit behind other industries. Value-based purchasing programs are solidly in place for hospitals. As a wellness coach or spiritual entrepreneur, it’s important to keep health and wellness trends for 2020 in mind so you can have a head start. Telemedicine. Following are some predictions and what organizations can do to navigate. They also cause major disparities in health and healthcare. The executive order calls for HHS to publish prices that “reflect what people actually pay” and requires healthcare providers and payers to disclose out-of-pocket costs. Technology and informatics-related processes and activities continue to evolve with each passing year. As we finish 2019 and move into 2020, a few trends in this evolution come to mind – ones that could serve healthcare and nursing well. Here are their picks for the 10 major health and wellness trends to watch in 2020. Staying current with changing landscape of federal and state privacy laws. In a health care sector now awash with data and digital technologies, physicians are actively preparing for the transformation of patient care, according to the 2020 Health Trends Report published today by Stanford Medicine.. Stanford Medicine’s 2020 Health Trends Report once again documents key trends steering the industry’s future, including a maturing digital health market, new health … Figure 1. As companies from both the private and public sector join forces to solve health care’s biggest problems, health systems should ask themselves if they are ready to compete in this new landscape. Health systems should adjust to the changes and also prepare for 2020 by considering key questions: The time to prepare for change in healthcare legislation, healthcare access and delivery, and payment methods is now—health systems need a clear goal and a strategic plan, based on their current knowledge, that will help them get there. As prescription drug prices skyrocket, and pharmaceutical companies and politicians continue to debate who should pay, a new bipartisan bill appears to offer at least some of the answers. However, during the pandemic, our study showed an increase in consumer willingness to share data in every scenario measured. Eligible professionals may also see r… At the same time, behemoths like IBM take it slow to adopt this technology. “We are seeing more change in the 2020 HCEG Top 10 than we have seen in recent years and for good reason. . It will be completely transparent as to who has access to the records and in what way they are used. There are also alternatives like private cloud systems and on-premises solutions, which allow high-level control over data. While there will be uncertainties, stakeholders can navigate them by factoring in historic and current drivers of change when strategizing for 2020 and beyond. We take pride in providing you with relevant, useful content. Of course, no change will be enacted until 2020 when the Supreme Court hears the case. This is up over the flat trend seen in 2018 and 2019, with revised estimates coming in at 5.7% for both years. As price transparency increases and consumers—and CMS—demand quality care for less, healthcare organizations need new ways to succeed within the VBC landscape. What will health organizations do if the ACA is repealed? Throughout 2020, we plan to expound on each of these topics ourselves, adding our expert opinions to the larger discussion. HC Community is only available to Health Catalyst clients and staff with valid accounts. With pending legislation, health systems must prepare for the changes to come in 2020. In this article, we have pulled together technology trends in Healthcare that will shape the industry in 2020 and beyond. Figure 2. Healthcare operations are prone to cybercrime, so healthcare data protection is naturally the number one priority. Newest health technologies will remain the basis for digital transformation in the medical field. Authorizes CDC grants, states, and localities to improve their prescription drug monitoring programs. Nonelderly adults with usual source of care, health Care, and dental Care Graph. VR gives access to activities and visual experiences that are otherwise unavailable or impossible during therapy. © As an example of new technology in healthcare, the American SimplyVitalHealth developed a system that allows the exchange of patient data between several clinics. Data shows that healthcare providers are not currently meeting their consumers’ highest priorities (Figure 1). Blockchain solves the problem of accessibility, portability, and integrity of information in a complex environment. From real-time diagnoses aided by machine learning to wearable devices that track and transmit patient data from a distance, a host of new and evolving technologies are poised to influence care delivery in 2020.. Intended to maintain good health, not to react to an existing illness, these investments are designed to reduce hospitalizations and related costs. Trend 1. News Global Edition – daily. The scientists can record brain signals and try to understand what’s happening in the brain. Simulated environments are proven to be helpful in relieving pains, coping with stress and post-traumatic effects, and even overcoming motor deficiencies. To remedy the situation, some cloud providers began to cater specifically to the requirements of HIPAA. The percentage of patients with a usual source of care ranges from 75 to 87, depending on ethnicity. Nevertheless, it stands a good chance to witness significant changes over the next few years, as many companies are becoming more digitally mature, applying technology to their functional aspects. The company has already announced the development of a new, larger-scale infrastructure system. In 2020 healthcare apps functions boggle the mind on account of their options and variety. Yet that number is still not high enough. Other uses of virtual reality include planning complicated surgeries, doctors’ training and skills improvement, motivating users to exercise, and treating emotional health. For example, both companies now offer virtual clinical and home visits for their employees. Plus, the slow and failed connections are yet to be addressed by the industry. Blockchain has the potential to challenge the status quo. The devices generate massive amounts of data, and its handling creates a problem for manufacturers that are reliant on proprietary protocols. 2020 According to a recent report, the wearable medical device market is expected to reach more than $27 million by 2023. Trend #1. Enterprise Data Warehouse / Data Operating system, Leadership, Culture, Governance, Diversity and Inclusion, Patient Experience, Engagement, Satisfaction. There’s always a risk to lose or compromise medical records stored in clinics' databases. More and more professionals are forfeiting large hospitals in favor of smaller practices in decentralized communities. However, if the Supreme Court votes to repeal the ACA, the effects will be far-reaching for patients and health systems, as 21 million Americans will lose insurance coverage. Health Catalyst. IoMT spans a variety of smart devices: ECG, EKG monitors, smart beds, connected inhaler and many more. Hospital information systems and data engines allow the quick sharing of information. These disparities lead to situations where patients is prevented from following medical advice due to cost. Our team at NCube stays on top of the trends and is ready to consult you regarding technology choice for your company. Through predictive analytics, doctors can get a feasible analysis of a patient's expected health situation based on the information gleaned from the family record. Here are my predicted top trends for 2020. Expect more examples of improved outcomes and costs to emerge in 2020 as proven practices in other clinical areas begin bearing fruit on a large scale. Here are some applications of AI in healthcare. We’ve collected a variety of topics we believe will define the behavioral health landscape in 2020, with sources examining each one. Healthcare will be omnipresent and exist “without walls” “Healthcare is going to be evermore ubiquitous and exist in … As the fight to combat , so does the legislation to overcome it—the Substance Use Disorder (SUD) Prevention that Promotes Opioid Recovery and Treatment for Patients and Communities Act was passed in 2018. Would you like to learn more about this topic? But that’s one side of the problem. Although Medicaid expansion legislation was passed in 2018 and took effect in 2019, referendums and legislation are still pending in many places throughout the United States: The Medicaid expansion legislation intensely affects healthcare organizations and patients because Medicaid expansion means more people have access to healthcare than before. Technologies bring a lot of value into customer-based care, enabling the following functions: In this article, we have pulled together technology trends in Healthcare that will shape the industry in 2020 and beyond. Another part of a consumer-driven healthcare landscape is access through virtual healthcare, or telehealth. 1. All rights reserved. Home Health and Hospice: Top Trends for 2020 Despite the pressure and turmoil going on in certain sectors of the health care continuum, both home health and hospice continue to shine as attractive investment and expansion opportunities for existing providers. This can be achieved by putting personalized medicine into action, which improves patient care. Home Is The New Fitness Studio … The global virtual and augmented reality in the healthcare market is expected to reach $5.1 billion by 2025. According to forecasts, personalized treatment powered by AI will be available for mass use by 2030. In fact, CMS revealed that more than 257,000 eligible professional providers who are not meaningful users of certified EHR technology would have their Medicare Fee Schedule cut by one percent in 2015. AI also allows creating personalized medication and effective treatment based on the patient’s individual data, such as tests and reactions to chemicals. A Hybrid Approach to Fitness Oprea sees virtual training as one of the biggest trends we'll continue to see in 2020. Posted in Health systems need to be prepared to care for this new influx of patients without compromising quality and also ensuring they meet CMS standards of care in order to receive reimbursements. Patient Experience, Engagement, Satisfaction Doctors can analyze DNA of mosquitos and provide a forecast as to where and when will the next epidemic is likely to occur. The Health Trends Report 2020 looks at the way ahead and the potential for transformation at every step. all affect an individual’s health and clinicians should include this information throughout the care process. Augmented reality is a key influencer in healthcare. News Global Edition – weekly ... Trends to look for in patient engagement in 2020. Every year has its ups and downs when it comes to wellness trends considering all of the buzzworthy facts, figures and discoveries that continually surface to the forefront of living a higher quality of life. From improving our minds to outer changes, fitness and biohacking, here are the wellness trends that will dominate 2020. The forecasts say this number will double every two years. Medicaid expansion allowed people in remote communities, such as throughout the Mountain West, to access care that was previously unavailable. As price transparency increases and consumers—and CMS—demand quality care for less, healthcare organizations need new ways to succeed within the VBC landscape. remote patient monitoring, including those with chronic diseases, virtual screening using devices that transmit a patient’s health information, preventing patients from readmission and improving long-term care. Unfortunately, HIPAA Privacy and Security compliance is often a stumbling stone that makes healthcare organizations refrain from adopting the Cloud. These add more cost burdens for employers and healthcare organizations as they strive to provide care for this increasing population with limited financial resources. Because virtual consultations rely on text-based and video-based communication, there’s a need to deploy fast, secure and stable WAN connections. Where a patient resides, employment, family situation, etc. The artificial intelligence system that allows controlling and predicting epidemics has already been used in Africa. As healthcare and politics are deeply intertwined, we know that any changes in our political landscape have a direct impact on healthcare. This data can be crunched and turned into actionable insights by predictive analysis. 1. Patient advocacy Medical professionals use methods that were inconceivable decades ago. In July 2020, LinkedIn became the latest big name to announce a massive layoff of almost 1,000 employees. Deployment of all the latest technology trends in the healthcare industry can significantly change the image of the field we know today. With the common tech standards yet to be reached, the challenge of industry-wide adoption of Blockchain still remains. Artificial intelligence along with machine learning promise to bring a lot of value to the sector. Students can use 3D models when they need to explore a subject quickly. Digital health trends such as AR and VR are the key enablers of technology advances in healthcare. Healthcare Mergers, Acquisitions, and Partnerships, Elijah E. Cummings Lower Drug Costs Now Act, Mercy Medical Center joining Cleveland Clinic, Substance Use Disorder (SUD) Prevention that Promotes Opioid Recovery and Treatment for Patients and Communities Act, Healthcare Quality Improvement: A Foundational Business Strategy, Today’s Top Five Healthcare Payer Financial Opportunities, Removing Barriers to Clinician Engagement: Partnerships in Improvement Work, Healthcare Analytics for Payers: How to Thrive Through Shifting Financial Risk, I am a Health Catalyst client who needs an account in HC Community. The first health and wellness trends that come to mind for most health coaches are typically yoga, the latest fad diet, or green juice. Companies like Amazon and Sam’s Club are taking aggressive tactics to solve these complex healthcare challenges rather than relying on traditional methods. Although some courts have fought the legislation, it has yet to be repealed entirely. Telemedicine epitomizes technology-driven healthcare. Legislation is still pending in Kansas, North Carolina, and Wyoming. Figure 3. The data clinics, health plans, and hospitals are collecting today is far richer than it used to be  and can highlight inequality. As a result, healthcare providers rely on wearable tech to have access to real-time health monitoring of high-risk patients. As the nurse shortage grows steeper and the health care landscape continues to change, … They provide innovative ways to diagnose diseases, create treatment plans, do medical research, drug discovery and clinical trials, monitor and predict epidemic outbreaks, increase operational efficiency during peak loads in hospitals. Prediction 1: Continued disruption and innovation will dictate the need for creative solutions. According to the U.S. Bureau of Labor Statistics, there were more than 3 million RNs in the nation in 2019, and employment of registered nurses is projected to grow faster than the average for all professions from 2019 to 2029. Health systems have opportunities to improve like never before; new types of organizations are entering the healthcare industry with new ideas, technology is changing the method of delivery, and patients are demanding price transparency. Data shows, for example, a stark disparity when it comes to healthcare cost being a deterrent to getting care. As such, let’s have a look at mobile health trends in 2020. According to a study by Datavant, more than 4 trillion gigabytes of medical data is generated annually. Real-Time Health Tracking as One of Healthcare Tech Trends. Consumer-centric priorities versus capabilities. Using Artificial Intelligence, risk patients can be identified and treated sooner. But now, eligible physicians are starting to feel the penalty phase of CMSs quality reporting and Meaningful Use initiatives. In January 2020, Definitive Healthcare CEO, Jason Krantz, hosted his annual healthcare trends webinar:8 Top-Of-Mind Trends for Physician and Hospital Buyers In 2020. As we reflect on the many revolutions that changed the healthcare climate, it’s time to look forward. Discover the main trends in the field in 2020. Social determinants of health (SDoH) impact mortality, morbidity, life expectancy, healthcare expenditures, and health status and functional wellbeing, to name a few. For example, classifying MRI images at high speed without human intervention. 2020 will be an interesting year when it comes to healthcare trends. Today the efforts of radiologists, ultrasound specialists go into image classification and their description. AR also makes it possible for doctors to accurately diagnose the symptoms. Are health systems ready for, and practicing, price transparency? In 2020, more insurers will be covering telemedicine as it becomes widely adopted. Instead of looking through a myopic lens that only allows a provider to see a patient with an illness, clinicians and their multidisciplinary teams are now collecting socioeconomic information as part of the care process. The 9 Biggest Technology Trends That Will Transform Medicine And Healthcare In 2020. Google is hiring physicians from and to develop new healthcare solutions that could possibly threaten current healthcare organizations by taking patients away from traditional hospitals and clinics. Alternative payment methods—including ACOs, shared savings, shared risk and bundled payments, and population-based at-risk contracts—are just some examples of new payment models that link cost and reimbursements to quality as the fee-for-service model continues to diminish. When patients struggle to precisely describe their symptoms, AR may come in handy to better describe those symptoms. With increased information available to consumers, payers and providers are incentivized to improve quality and cost, driving down healthcare prices without compromising the level of care. early detection of disease. Business model transformation As healthcare organizations scramble to respond to changes from 2019, they need to look forward and prepare for changes in 2020 that could imminently impact procedure pricing protocol, reimbursement rates, and patient satisfaction. Trend #6: Blockchain Blockchain is a trend that stands to vastly improve the healthcare industry in 2020 and coming years. Tons of information come from a variety of medical sources. This turmoil and lack of confidence extend directly into the world of healthcare. Expands the use of opioid-focused telehealth services. At the same time, more doctors are going to embrace this trend. With pending legislation, health systems must prepare for the changes to come in 2020. Collaboration between hospitals and clinics and other health systems to create contracts that address payment, liability, and transportation if a provider is traveling to provide care. Can a health organization access and analyze its data to support risk? Employers also had to deal with the new 1.9 million new beneficiaries added to Medicare Advantage in 2019, representing 34 percent of the total Medicare population. With an unsuccessful attempt to repeal the ACA, a gridlock in Congress, and the absence of constructive legislative action, the Trump administration still made big waves that deeply impacted health organizations, payers, and patients through executive orders: Medicaid expansion was a hot topic for debate in 2019 and will continue to be well into 2020. BI Developer Role Explained: Skills, Responsibilities and When to Hire One? The ACA was enacted in March 2010 and was still one of the top 2019 healthcare trends. Referendums for expansion are expected on the 2020 ballot in at least four states. PwC’s HRI projects 2020’s medical cost trend to be 6%. Weaving big data into healthcare is rather promising: Most importantly, due to deep insights pulled from Big Data patients can react to health problems faster. It has been the driving force in transforming the US healthcare system. Health systems need have the following capabilities: Although implementing virtual healthcare and telemedicine programs is challenging, many health systems are proving they’re up to the task: While there have been many notable mergers in the past few years—for example, the merger of HCA Healthcare and Mission Health, and Mercy Medical Center joining Cleveland Clinic, to name a few—it is unclear how these newly created companies will impact the future of health systems and insurance companies. Nursing is the nation’s largest health care profession. By imposing an additional layer of information on real-world scenes, AR screens allow surgeons to have access to life-saving information during emergency procedures. There is a global shortage of nurses and 18 million more jobs are needed to be filled by 2030 in order to meet the requirements of universal healthcare for everyone. The infrastructure to avoid technological errors. From 2018 to 2020 (pre-pandemic) we saw a decrease in consumers’ willingness to share their data in all the areas we measured, except for health care research, which stayed steady (figure 6). In 2020, more insurers will be covering telemedicine as it becomes widely adopted. Innovations also include solutions for remote medical care and rising health awareness. Providing consistent communication within the ecosystem of IoT devices is the biggest challenge of the industry nowadays. When health intervention is needed urgently, doctors can access medical records fast, without having the patient to provide the information orally. ETL Developer Role Explained: Responsibilities, Skills, and When to Hire One? Telehealth allows people who live in hard-to-reach places to access the same opioid addiction recovery services that are offered in an urban area. That was a reason for Mhealth to evolve. We believe that being familiar with emerging healthcare technologies puts tech leaders in a winning position when they are strategizing the future.