Physicians Practice December 30, 2017
In last year’s trends article for Physician’s Practice, we highlighted several trends for 2017, including: payers will change the way that physicians are paid, patient expectations will reach an all-time high, hospitals will seek new ways to align, and physicians will face competition from new types of providers. Not only do each of these trends remain true as we approach 2018, but their impact is increasing in magnitude and pace. Two fundamental issues are driving these changes:
- Healthcare remains too expensive.
- Physician practices don’t work nearly as well as they should.
For decades, we’ve known the U.S. healthcare system was too expensive. Yet, spending continues to increase more than 5 percent per year. As a share of GDP,...