The $4 Trillion Health Economy of 2020

Health Populi

In 2020, national health expenditures (NHE) in the United States will exceed $4 trillion to cover 334.5 The three largest line items of NHE in 2020 will be: Hospitals = $1,326 trillion = 38% of NHE. The post The $4 Trillion Health Economy of 2020 appeared first on HealthPopuli.com.

Why 2020 Will Be The M&A Tipping Point

Mobile Health Matters

2020 is an election year. However, the temperament around M&A this year vs. 2020 will be drastically different. Companies may seize the opportunity to exit earlier than they might otherwise choose in order to capture value now versus waiting to see what happens through 2020.

Apple will add sleep tracking to Watch by 2020, rumors say

Mobi Health News

The rumor jibes with recent comments Apple VP of Health Dr. Sumbul Desai made to MobiHealthNews about sleep

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VA plans to go live with Cerner EHR pilot by March 2020

FierceHealthIT

The Department of Veterans Affairs plans to pilot initial operating capabilities of its new Cerner electronic health records platform in March 2020 across three sites in the Pacific Northwest

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Trump releases 2020 budget proposal: 6 things to know

FierceHealthIT

Here are six healthcare takeaways from the Trump administration's 2020 budget plan The White House is calling for a significant cut in funding to HHS, even as it plans further investments in HIV research, the opioid epidemic and other policy priorities.

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America’s Physician Groups Responds to CMS MA 2020 Advance Notice

Electronic Health Reporter

The article America’s Physician Groups Responds to CMS MA 2020 Advance Notice appeared first on electronichealthreporter.com. This content is copyrighted strictly for Electronic Health Reporter.

Report: Smart clothing, glasses will grow fastest as 350M wearables ship in 2020

Mobi Health News

As wearables shipments hit 350 million in 2020 (up from 224 million in 2018), healthcare wearables are poised to bring in more revenue via subscription services than wearables in any other industry, according to a new report from Juniper Research.

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VA will have 3 Cerner-powered hospitals by 2020

Morning eHealth

HCCIC plans forthcoming? Appropriations keeps turning

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Physician Practice Roundup—Trump releases 2020 budget proposal: 6 things to know

FierceHealthIT

The White House is calling for a significant cut in funding to the Department of Health and Human Services in 2020, even as it plans to ramp up investments in HIV research, the opioid epidemic and other policy priorities.

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By 2020, 1-in-5 Healthcare organisations will adopt Blockchain says new IDC report

Lloyd Price

As a result, by 2020, 20% of healthcare organizations will have moved beyond pilot projects and be "using blockchain for operations management and patient identity," the report said.

HIMSS19: Seema Verma says proposed information blocking rules with 2020 deadlines 'realistic'

FierceHealthIT

The Trump administration has said proposed rules would give 125 million patients electronic access to their medical claims information by 2020. But how realistic a goal is that? It's already happening, Centers for Medicare & Medicaid Services Administrator Seema Verma told FierceHealthcare.

Healthcare will outspend all other industries on R&D by 2020 reports PwC

Lloyd Price

R&D spending in healthcare is expected to exceed $180 billion by 2020, up from about $86 billion in 2005. Healthcare is on track to be the No. 1 industry for global research and development spending, according to new analysis from PwC.

Red or blue, both political parties have work to do on their 2020 healthcare platforms

FierceHealthIT

But there's also considerable fighting within each party about how to approach healthcare, and that has to change by 2020, NYU's Shelly Glied and Stanford's Lanhee Chen said on Friday In our partisan era, we know Republicans and Democrats rarely agree.

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Kaiser Permanente set to be carbon neutral by 2020 

FierceHealthIT

Kaiser Permanente is making significant investments in green energy and is set to be carbon neutral by 2020. The health system announced Monday it reached a power purchase agreement to acquire 180 megawatts of clean energy that it will use to power 27 of its 39 hospitals. The agreement will also help establish new solar and wind farms and one of the largest battery energy storage facilities in the U.S.

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CMS’ plan to ‘wind down’ federal exchanges by 2020 relies on a big ask from Congress

FierceHealthIT

A budget justification released by CMS this week outlines the way in which the agency plans to "wind down" the federal exchanges by plan year 2020. But the plan relies on Congress pushing through an ACA repeal, a task Republican lawmakers have been unable to do on multiple occasions

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Experts: Trump administration’s moves will put drug prices center stage in 2020 election

FierceHealthIT

The Trump administration’s plan to peg Part B drug prices to those paid in other countries may not come to fruition in its current form, but it’s meant more to signal to the healthcare industry—and voters—that it's serious on this issue, experts say.

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CMS hints at Blue Button 2.0 mandates for Medicare Advantage plans in 2020

FierceHealthIT

beginning in 2020. In an announcement outlining Medicare Advantage rate hikes, CMS said it is considering rulemaking that would require MA plans to connect with Blue Button 2.0 The notice comes a month after Seema Verma announced the new initiative and said the agency would "re-examine" its relationship with insurers

Lawmakers cite VA leadership holes in EHR implementation with first go-live scheduled for 2020

FierceHealthIT

Agency officials said they have identified three sites in Washington where the Cerner system will be live by March 2020 Members of the House Veterans Affairs Committee worried that unfilled leadership positions and concerns about the VA's acting CIO would derail the Cerner implementation.

Anthem moves up launch of its PBM to second quarter of 2019

FierceHealthIT

Anthem is planning to begin moving members into its new PBM, IngenioRx, in the second quarter of 2019, bumping up the projected launch from 2020

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UnitedHealth to expand use of point-of-sale drug discounts

FierceHealthIT

Beginning in 2020, all new employer plans with UnitedHealth and its pharmacy benefit manager subsidiary Optum will be required to offer all drug discounts directly to members at the pharmacy counter, the insurer said

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Headspace launches subsidiary to focus on prescription meditation apps, digital health

Mobi Health News

The goal of the subsidiary is to create a new prescription meditation app by 2020. It's not uncommon for doctors to tell patients that they need to relax, but now one company is aiming to develop a digital meditation product that can be prescribed by physicians.

Healthcare: Where AR Adoption Means Better Patient Care

Electronic Health Reporter

Its popularity is equally reflected in projections, as the market is expected to be worth more than $160 billion by 2020, up from just $4 billion in 2016. This content is copyrighted strictly for Electronic Health Reporter. By Sachin Kalra, Infostretch.

National Health Spending Will Reach Nearly 20% of U.S. GDP By 2027

Health Populi

every year from 2020 to 2027, the actuaries at the Centers for Medicare and Medicaid Services forecast in their report, National Health Expenditure Projections, 2018-2927: Economic And Demographic Trends Drive Spending And Enrollment Growth , published yesterday by Health Affairs.

Drug prices a bipartisan bright spot following midterms, experts say

FierceHealthIT

Though the results of midterms generally bring a level of certainty to the realm of healthcare policy over the next couple of years, there is room for bipartisan work in this space ahead of the 2020 presidential race, experts say

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The Global Healthcare Crisis

Electronic Health Reporter

trillion by 2020, up from $7 trillion in 2015. This content is copyrighted strictly for Electronic Health Reporter. By Karim Babay, CEO, HealthSapiens.

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2 decades after landmark IOM report, this group is still fighting to convince hospitals to take safety steps

FierceHealthIT

And Kiani, who’d made a name for himself founding medical technology company Masimo, had been able to get thousands of hospital leaders from around the globe to agree to an audacious goal: Get to zero preventable patient deaths by 2020 Seven years ago, Joe Kiani founded the Patient Safety Movement Foundation.

How Virtual Reality Can Improve the Patient Experience in Healthcare

Duane Boise

By 2020, the global market for VR is projected to reach 3.8 When learning that the first heart rate monitor was invented in 1977, it is surprising to look at how far medical technologies have advanced– and those advances are just the beginning.

The journey to a human-centric healthcare

Healthcare Guys

According to the Federal Trade Commission, it is estimated that by 2020 people will use around 50 billion internet connected devices to track individual health data The healthcare industry is at a tipping point and technologies are advancing forward at an extraordinary pace. With IoT devices in the scene, consumers have started to increasingly use internet connected devices to monitor their health data.

How Doctors are Using Telemedicine to Help Allergy Sufferers

Clocktree

The telehealth industry is expected to grow to $36 billion by 2020. CBS This Morning aired a segment today spotlighting the emerging use of video appointments in place of in-office visits to identify and treat allergies. While telemedicine won’t replace all in-office visits, this is yet another example of a service that healthcare providers can administer through video just as effectively as they can in person — and with the added convenience benefits.

Biopharmaceuticals Market Research Report by Leading Key Players

Healthcare Guys

CAGR during the period 2015 – 2020. during the period 2015 – 2020. The global biopharmaceuticals market is increasing, due to growing aging population.

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Telehealth Usage and Coverage Continues to Increase Throughout the US

Clocktree

The National Business Group on Health predicts that almost all employers with cover telehealth services by 2020. Telehealth coverage and usage is continuing to make strides forward.

Americans End 2018 Worried About Healthcare Costs

Health Populi

With greater financial burden forecast on healthcare consumers in 2019, no doubt we’ll see healthcare rank highly on voters’ minds in the 2020 Presidential election.

The Future Of Digital Healthcare Is Being Shaped By These Trends

Duane Boise

By 2020, the global market is expected to account for over $34 billion, with North America being its largest market. For some, the future of technology is a thrilling glimpse into endless possibilities that were once thought to be impossible.

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Rationing Care in America: Cost Implications Getting to Universal Health Coverage

Health Populi

Consider the 2020 Presidential elections and calls for universal health care. It would not be surprising to know that when the Great Recession hit the U.S. in 2008, one in three Americans delayed medical treatment due to costs.

The Balance of Personalization and Privacy For Health/Care – Amazon and Beyond

Health Populi

” In the meantime, California passed a comprehensive privacy law , the California Consumer Privacy Act (CCPA), slated for implementation on 1st January 2020. “Is it possible to take personalization too far for consumers?”

The Evolution of Self-Care for Consumers – Learning and Sharing at CHPA

Health Populi

To meet the future, Scott Melville, CEO of CHPA, described the organization’s 2020 project which is determining the categories the Association should represent. Self-care in health goes back thousands of years.

In 2023, the U.S. Will Still Be the #1 Prescription Drug Spender in the World, IQVIA Forecasts

Health Populi

This topic will inevitably be part of ongoing political debates as we lead up to the 2020 Presidential election.

Most U.S. Physicians, Burned Out, Favor A Flavor of Single Payer Health System

Health Populi

But consider the statistic that, according to the Association of American Medical Colleges, there will be a shortage of 65,500 physicians expected in 2020, and 90,400 in 2025. Most physicians feel some level of burnout, hassled by electronic health records and lost autonomy.

With more than $20B on the line, insurers push for another health insurance tax delay

FierceHealthIT

A new analysis backed by UnitedHealth shows the return of the health insurance tax would raise premiums nearly $200 per year for an individual plan in 2020. AHIP and others are mounting a push to further delay the tax they argue hurts consumers

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Pump Innovator is Ideal Pharma/Device Partner

Insulin Nation

SFC hopes to file a 510K submission with the FDA in early 2020, with the plan to launch the pump into the market in 2020.