Top trends expected to influence the healthcare industry in 2017
2017 is proving to be a milestone in the health care industry. Patience can consult their doctors through video consultation without paying them a visit. To the extent that mobile phone can now be used as diagnostic devices. With the incorporation of technology in healthcare, the industry would prove to be stable and self-sufficient, also enabling to obtaining valuable incites form real time data analysis.
The inclination with which the industry is functioning will also have a domino effect on the depending industries as well, like that of the insurance industry, banking industry and the like. The consumers also benefitting from the positive trends, by doctors, with the aid of technology, are making the life of the patience much healthier and happier.
What are the trends?
These are the major trends that influence the health care industry this year
- New drug pricing
This is always a sensitive topic. The patience have become even more vocal about the rising drug prices and the deductible health care plans. As it seems to be, this year will have increased government regulation on the control of drug process. Almost half the population of the country is open to paying cost of the drug overtime, instead of all at once. The pharmaceutical industry would focus on value through their service.
- Assorted consolidation and merges
In the closing of 2016 and the beginning of 2017, the industry has seen number of organizational agreements and partnerships. In the coming years, any kind of collaboration of the hospitals, clients and other health system would generate more consumer interest proving to have better service for the patience. There is expected a rapid scale up of industry consolidation with the advancement of technology in the industry
- Smartphone healthcare
With mobile stepping into several platforms, their step to the health has proved to be aiding the crowd. Today, the patience use smartphone and smart watches, not other sophisticated health devices, in order to keep track of their health, also to receive expert diagnosis at the comfort of their own home.
- Emerging cyber security
With technology advancement in the health care industry, the threat of hacking personal information and data is what is keeping half the people from getting connected to the services offered. As a result, we can expect the health care industry to be more cautious and proactive with the data security of the consumers
- Customer-focused medical plan
Medical expenditure is always on the rise. With this increase, customers would look out for better professional manager to deal with their health spending similar to that of the retirement plans. This year would is likely to bring plans focusing more on the customer requirements in order to retain patients.
- Strategies to deliver low cost health care
The health care providers have always been in the run to deliver the best possible result while keeping the costs low. Rightly dealing the budget pressures on hospitals and clinics would receive positive reaction and would come up with innovative way to solve the cost.
- Biological medication
Biosimilars are the next lime light in the industry. These are alternative drugs supposedly introduced in the US market, generated from living organisms.
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