Medicare trustees: Hospital fund set to run out by 2026 

FierceHealthIT

Medicare’s Hospital Insurance Trust Fund is set to run out in the next seven years, according to a new report.

Medicare trustees again sound alarm about looming depletion of hospital fund

FierceHealthIT

The Medicare board of trustees held steady with its prediction on when the program’s hospital fund will run dry: 2026.

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Medicaid spending hit $581B in 2016. Here's how it's projected to grow over the next decade

FierceHealthIT

Here's a look at how CMS projects those figures to grow through 2026 Total Medicaid spending grew 4.9% between 2015 and 2016, and the program enrolled 72.2 million people in 2016.

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How Artificial Intelligence Will Impact the Future of Healthcare Technology

Electronic Health Reporter

By 2026, that number will balloon $150 billion. This article is copyrighted strictly for Electronic Health Reporter. Illegal copying is prohibited. Artificial intelligence is poised to make a major impact on healthcare and healthcare technology. Investment in the healthcare AI sector alone is predicted to reach $6.6 billion by 2021. And there’s no doubt about the transformative power of artificial intelligence, however, in terms of healthcare, its restorative […].

Healthcare’s Profits Will Be Dramatically Redistributed as Care Shifts to Consumers: Accenture

Health Populi

Compare the 2016 profit pools to those forecasted for 2026: in the current environment, the profit pools for PBMs, distributors, and payers fall ( colored in blue ). Software and IT, and provider-outpatient which, Accenture posits, will be very consumer-facing and -engaging by 2026.

8 High Paying Medical Jobs You Can Land with Little Schooling

Electronic Health Reporter

Healthcare is an industry that’s projected to grow a whopping 18 percent between 2016 and 2026. This article is copyrighted strictly for Electronic Health Reporter. Illegal copying is prohibited. It’s no secret that a career in healthcare is a secure and lucrative option for many people. If you have a desire to enter healthcare to help people, you have plenty of options available that pay well. What if you […].

85

Massachusetts General Hospital announces plans for $1B towers project

FierceHealthIT

Massachusetts General Hospital is planning to construct a $1 billion, 12-story building on its Boston campus by 2026. MGH announced to its employees in a letter it was launching the process to get approval for the building aimed at addressing growing demands for care and services

55

The $4 Trillion Health Economy of 2020

Health Populi

Three factors will drive healthcare costs to 2026: prices for medical goods and services, changes in income growth, and shifting enrollment from private health insurance to Medicare — driven by the aging of Boomers. trillion in 2026 when healthcare spending will be $1 in every $5 in the American economy (approaching 20%). In 2020, national health expenditures (NHE) in the United States will exceed $4 trillion to cover 334.5 million Americans. That equates to 18.4%

[Guide] 3 Ways Cloud Is Modernizing Healthcare Data and Analytics

Perficient Data & Analytics

Many organizations are looking to the cloud to help overcome these challenges, and a recent study from Acumen Research indicates that trend is set to continue, with a yearly growth of over 14% projected every year through 2026.

Hearing aid pricing and weak insurance – older adults lose out

Aging in Place Technology Watch

The field is growing , no doubt in parallel to the aging baby boomer population, but it is a very small field that is projected to produce only 3100 new jobs by 2026.

Focus on Technology for Older Adults Sharpens in 2019

Aging in Place Technology Watch

million unfilled jobs by 2026. 2019 Technology Market Overview is online this week. When assembling the 2019 tenth anniversary version, it was apparent that this year reflects change -- in the supply-demand balance in the overbuilt senior housing market, in policy changes driving health care services into the home, in market forecasts, and in the mix of vendors who serve the market. It's in many ways a good-news/bad-news story. Awareness is growing about aging demographics.

Is It Time to Upgrade Oracle?

Perficient

It is fully supported through March 2023, with extended support going through March 2026. Current Support Policies. If you are on Oracle EBS 12.1 or database 12c or below, you might want to consider upgrading.

32

As Medical Cost Trend Remains Flat, Patients Face Growing Health Consumer Financial Stress

Health Populi

economy by 2026. When it comes to healthcare costs, lines that decline over time are generally seen as good news. That’s how media outlets will cover the top-line of PwC’s report Medical cost trend: Behind the numbers 2019. However, there are other forces underneath the stable-looking 6.0% medical trend growth projected for 2019 that will impact healthcare providers, insurers, and suppliers to the industry.

Digital Health Products – The differentiator creating value for both businesses & patients

Waracle

The global market for health apps, mHealth, telehealth, health analytics and digital health systems has been projected to top $500 billion by 2026 according to Acumen research and consulting, with the same firm suggesting that eClinical solutions market size will be $14 billion in the same year.

Seven Years Until Fiscal Cliff of Medicare Hospital Insurance Trust Fund

BHM Healthcare Solutions

The report projects that the Hospital Insurance Trust fund, which pays out for beneficiaries’ inpatient hospital care is set to start running out of money by 2026 in which it will only be able to afford 89 percent of its total cost. Editor’s Note: For payers, stable health insurance markets means stronger long-term growth because enrollment swings hamper revenue projections.

Why Savvy Healthcare Marketers Are Using Dynamics 365

Perficient

billion by 2026. Implementation of keen healthcare marketing strategies require the right tools. Healthcare organizations face mounting competition for patient loyalty, must continuously find ways to set themselves apart while enhancing engagement and delivering impactful outreach programs.

30

The Future of Telehealth in the U.S. and Across the Globe

InTouch Health

over the forecast period 2019 to 2026 as more hospitals and healthcare facilities bring this technology online. How Telehealth Will Address Future Healthcare Needs. Telehealth continues to grow at an accelerated rate around the world. The market is expected to grow at a CAGR of 14.9% Telehealth has the potential to reduce healthcare costs, improve patient outreach and health outcomes, and change the way providers treat their patients.

The Juicy Bits of the CBO Report for People with Diabetes

Insulin Nation

The increase in the number of uninsured people relative to the number projected under current law would reach 19 million in 2020 and 22 million in 2026. By 2026, among people under age 65, enrollment in Medicaid would fall by about 16 percent and an estimated 49 million people would be uninsured, compared with 28 million who would lack insurance that year under current law.”. Today, you are probably seeing a slew of headlines that include the words “CBO score”.

Senate Health Bill Revision May Lead to High-Risk Pools

Insulin Nation

A Congressional Budget Office report found that these proposed Medicaid cuts, along with reduced subsidies, would lead to 22 million fewer Americans being insured by 2026. A new proposed change in the Senate health bill may very well bring back high-risk pools for people with diabetes. sponsor.

53

Microsoft Dynamics 365 for Healthcare Marketers

Perficient

According to research firm Statistics Market Research Consulting in their recent Healthcare CRM – Global Market Outlook (2017-2026) report, the global healthcare CRM market is expected to reach $28.89B by 2026. Healthcare marketers today have a lot on their plates. From juggling the demands of traditional community outreach and marketing to exploring ways to educate health consumers about the services your organization provides, the landscape can be rugged with no clear path to success.

22

6 Ways to Drive Higher Medicaid Reimbursement with Telemedicine

GlobalMed

That number will rise to 82 million by 2026. Almost a third of physicians don’t accept Medicaid patients. Most offer the same reasons: Medicaid reimbursement rates are typically lower than other insurers and the documentation requirements can be burdensome. Many providers also find their Medicaid patients are more medically complex and often fail to comply with treatment.

Weekender 6/8/18

HIStalk Weekender

Medicare trustees, most of whom are Republican government officials, say the White House’s elimination of the individual mandate and the Independent Payment Advisory Board as well as its tax cuts will cause its hospital insurance trust fund to be depleted in 2026. Weekly News Recap.

EHR 39

Better Data Will Serve as the Foundation in Modernizing the Medicaid Program

CMS.gov

annually over the next 10 years to reach over $1 trillion by 2026. Better Data Will Serve as the Foundation in Modernizing the Medicaid Program. Jeremy.Booth@c…. Tue, 10/02/2018 - 15:36. Seema Verma. Administrator, Centers for Medicare & Medicaid Services. Topic. Medicaid & CHIP. Better Data Will Serve as the Foundation in Modernizing the Medicaid Program. Between 2013 and 2016, Federal spending on Medicaid grew by over $100 billion.

CMS BLOG: Medicare for All? Just another name for a government-run, single payer system

CMS.gov

We need to focus on a conversation about the drivers of health care costs in America, where health care spending is on course to eclipse one-fifth of national GDP by 2026. CMS BLOG: Medicare for All? Just another name for a government-run, single payer system. keya.joy-bush@…. Fri, 11/02/2018 - 21:32. Seema Verma, Administrator, Centers for Medicare & Medicaid Services . Topic. Coverage. Medicare Part C. Medicare Part D. November 2, 2018. Medicare for All?

Modernizing Medicare to Take Advantage of the Latest Technologies

CMS.gov

economy, and by 2026 the CMS Office of the Actuary projects that one in every five dollars spent in America will be spent on healthcare. Modernizing Medicare to Take Advantage of the Latest Technologies. Jeremy.Booth@c…. Tue, 10/02/2018 - 13:57. Seema Verma. Administrator, Centers for Medicare & Medicaid Services. Topic. Coverage. Modernizing Medicare to Take Advantage of the Latest Technologies. Healthcare is taking up an increasing share of the U.S.

How mHealth Apps are redefining the medical sector

Waracle

And with a near 40% of healthcare providers reporting that RPM tools are helping reduce hospital admissions, and a further 25% reporting cost savings, RPM is a burgeoning market well on the road to a value over $2bn by the end of 2026. From the news that Fitbit (recently acquired by Google for $2.1

“Pathways to Success,” an Overhaul of Medicare’s ACO Program

CMS.gov

CMS is hard at work to move to a value-based system, not just because we want to, but because the American healthcare system is on an unsustainable trajectory, with one in five dollars spent in our economy projected to be spent on healthcare by 2026. “Pathways to Success,” an Overhaul of Medicare’s ACO Program. Jeremy.Booth@c…. Fri, 12/21/2018 - 13:09. Seema Verma. Administrator, Centers for Medicare & Medicaid Services. Topic. Innovation models. Medicare Parts A & B.