2020 was a catastrophic year for physicians and the Healthcare industry as a whole. Many businesses were forced to shut down their operations, and an unprecedent number of HCPs lost their jobs, during a time when they were needed most. In order to stop physician unemployment from continuing to rise, Healthcare businesses should adjust to the changes and prepare for 2021, by considering the key questions brought on by the global pandemic: (“Healthcare in 2021 and the Future: 4 Changes Healthcare Professionals Can Expect, trends buzzer)
• If the ACA is repealed, what will health organizations do?
• How do we increase our telemedicine presence?
• How long do we expect our businesses to be impacted financially by the coronavirus pandemic in 2021?
• Are health organizations ready for, and practicing price transparency?
• Will Joe Biden’s new health policy plans effect our business?
• How do prescription drug prices impact the global health system?
• Global Healthcare benefit costs are expected to increase and jump over 8% in 2021, How will this affect my Healthcare business? (Willis Tower Watson survey reports.
• Can a health organization access and analyze its data to support risk?
• After a sharp decline in 2020, 2021 is expected to have increases in non-urgent surgeries and elective care, is our organization prepared for the extra workload?
• Do health organizations collaborate and work with community organizations to collect race, ethnicity, and language data to identify care disparities?
The time to prepare for change in Healthcare legislation, Healthcare access, Healthcare delivery, and payment methods is now—health systems need a clear goal and a strategic plan, to help their business stay afloat and produce revenue.
“As health organizations continue to evolve in a continuous developing landscape, digital health, alternative payment models, and better data, including social determinants of health, are key pieces health organizations need to focus on. Health systems have opportunities to change their way of thinking and doing business; new types of organizations are entering the healthcare industry with new ideas, technology is changing the method of delivery, and patients are demanding price transparency”- Health catalyst.
The only way for health systems to remain successful, is to become more flexible, and innovative and to never lose sight of the reason the organization exists—to provide care to each patient, no matter their location or diagnosis.