Part 1 of our new series, Spotlight on Analytics
Q: What are some of the challenges the healthcare industry is facing today?
A: Population management initiatives, service bundling programs, payor and provider consolidation, expanding regulatory oversite, an aging population, and expanding quality initiatives – all are increasing value in the U.S. healthcare industry, stretching resources, but also reducing competition.
At the same time, increased healthcare coverage has increased the number of paying customers in the industry. The growing focus on risk promises to change care planning for patients with diverse health profiles, but requires new ways of looking at patient care.
In addition, the increased availability of basic health monitoring data to individuals is helping people manage their health, but incentives for lifestyle change are still evolving. Telehealth is becoming an important healthcare/population health management tool that will likely... read more