Blogs

A Pandemic That’s Ahead of Its Time

It has been almost a decade since the government passed the Affordable Care Act (ACA). The healthcare industry has learned a lot in this period of payment reforms and administrative changes. Yet, have we implemented the operational shifts needed for true value-based care? Whether or not there is a longing for the simpler times of fee-for-service medicine is debatable, one thing is for sure — value-based care is here to stay — and it’s likely to become more entrenched in the decade to come. 

Amazing, breathtaking, reformative, groundbreaking. No single adjective suffices to describe how 2019 changed US healthcare. With the end of the decade, we saw innumerable events happening — from massive health information technology mergers to new major government regulations. 

Healthcare data storage will be touching the zettabyte-scale in the coming years with increasing services and patients. Every year, a significant amount of data is generated from medication administration records, lab records, EHRs, wearable health devices, and various other sources. 

Healthcare continues to ride on the digital transformation trends to refine data management and care delivery processes. Health organizations are increasingly leveraging real-time data-driven solutions, artificial intelligence, and cloud services to empower their patients and clinicians with analytics and align with the culture of preventive and wellness-centric care.

As healthcare is becoming increasingly patient-centric, post-episodic patient engagement has arisen as a crucial element of care delivery. Not only is physician reimbursement getting linked to patient experience metrics but also care quality and utilization are impacting health networks’ drive towards value-based care. Together, the trend towards more patient engagement is impacting patients along each step of their care journey.