With 2018 well underway, physicians and healthcare professionals need to know the industry landscape as they continue in his or her career. With technology advancing at a rapid pace, and the health insurance landscape constantly in flux, health professionals need to make sure they’re on top of the industry. 2018 will be no different, and you must be aware of the shifts in the industry. Luckily, we’ve listed a few major healthcare trends for 2018 so you can keep up to date on the latest industry trends.
Healthcare Trends For 2018
It’s Still Expensive
Sadly, healthcare is still pretty expensive when it comes to your patients. As a share of GDP, spending on healthcare is expected to increase from 17.8 percent in 2015 to 19.9 percent by 2025. The current, predominately fee-for-service payment model is simply not sustainable. Luckily, signs are pointing to more and more healthcare facilities opting to use a value-based care system instead. This will allow patients to pay based on the results of the care provided. The alternative is paying for each individual test or treatment. When it comes to healthcare trends for 2018, creating a reasonable price point will be crucial when maintaining the relationships with patients.
As more health facilities that accept walk-ins continue to pop up, traditional healthcare facilities will need to focus more on the patients. This isn’t to say that healthcare facilities haven’t focused on the patients prior to this year. However, they will now be tasked with going above and beyond to provide the best possible care. Physician-centric models that maintain office hours convenient mostly to physicians, limit the type of appointments that may be seen, rely solely on face-to-face visits and fail to deliver high-value services. These must be replaced with patient-centric models that offer expanded hours, open access scheduling, a variety of ways for patients to interact with their physicians, and high-value outcomes. Figuring out ways to shed the spotlight back on the patients are some of the biggest healthcare trends for 2018.
AI Will Grow
One of the most interesting healthcare trends for 2018 will be the use of artificial intelligence within the healthcare industry. One AI machine is using deep learning and workflow automation to accelerate interpretation, improve accuracy, and reduce repetition for radiologists and other specialties.
Artificial intelligence is also going to improve EHRs as well. AI will be able to study patient data and trends to provide feedback and recommendations for healthcare professionals. These enhanced analytics should provide better information as well as a lower cost of patient care.
The Turnover Issue Still Looms
B.E. Smith published a survey that highlights some of the biggest recruiting trends for this year. According to this year’s survey, retention could be particularly challenging in 2018. The survey still found a heightened propensity for healthcare professionals to leave their organizations and look for a better job opportunity. There are a variety of factors that contribute to this. With a shortage of many healthcare positions, health professionals simply have more options. Compensation, culture, and management are all contributing factors when an employee decides to leave. It’s important to know that turnover can become a serious problem in 2018 for the entire industry.
Personalized and Digital Healthcare
Another one of the biggest healthcare trends for 2018 will be the focus on making the patient experience more personable. Patients will be looked at as more than just another client that they need to fix. Instead, they’ll be involved in the healthcare process. Patients’ tolerance for the “one-size-fits-all” is wearing thin. This is forcing more and more facilities to focus on the personalization of care.
One of the biggest ways they’re working to personalize healthcare is through the digital realm. Telemedicine will become a great way for health professionals to maintain a relationship with patients. Patients will feel like they’re getting a more personalized treatment via the virtual realm.
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