Weekly News Roundup: August 14, 2020

Identifying the Increased Cost of Patient Care and Expense Recovery Opportunities

COVID-19 Healthcare Trends

The events of 2020 have already pushed healthcare systems to adapt to many challenges. To prepare for continued changes, health systems need to pay close attention to developing trends. In this week’s news roundup: the five healthcare trends to watch during COVID-19; adapting to challenges of COVID-19 with trends in healthcare payments; five digital trends that have accelerated since COVID-19; the role of mobile health technology in the pandemic; and more.

 

Healthcare Trends During COVID-19: The Top Five Areas to Watch

The spike in COVID-19 cases during the summer of 2020 in some areas of the United States has made it clear that the pandemic is not a short-lived phase for many communities. Instead, it’s an enduring new circumstance to which healthcare organizations and consumers must adapt. Moving forward, health systems need to prepare to plan around, prepare for, and react to five main categories of COVID-19 concerns.

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Financial Analytic Accelerator

Adapting to Challenges of COVID-19 with Trends in Healthcare Payments

Every year, the Trends in Healthcare Payments Annual Report is distributed to start a conversation about the current state of the industry and shine a light on areas where change is needed. Providers no longer have the luxury of waiting to see how trends in healthcare payments play out as they did when the first report was published. The long-term impacts of COVID-19 are predicted to bring additional spotlight to eradicating manual, paper-based, human-dependent approaches to payments.

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Five Digital Health Trends That Emerged Before COVID-19 Have Since Accelerated

Based on a recent Accenture survey constructed of 259 payer and provider healthcare executives, the report notes the vast majority, or 85%, of executives believe technology has become an inseparable part of the human experience. However, a bit more than half of those polled said rapid advancements in new technologies and scientific innovations are positioned to disrupt their industry. Nonetheless, technology is still evolving and is becoming more of a necessity in the healthcare industry with or without the reasoning of the COVID-19 pandemic.

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The Medical Trends of Telemedicine and Urgent Care Centers

The overall healthcare sector telemedicine adaptation was both widespread and rapid, ushering in what is now a trend of patients communicating with their physicians from the comfort of their own homes. If telehealth has existed for years, why wasn’t it more widely used before the pandemic?

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digital trajectoryTask Force Examines Role of Mobile Health Technology in COVID-19 Pandemic

An international task force, including two University of Massachusetts Amherst computer scientists, concludes in new research that mobile health (mHealth) technologies are a viable option to monitor COVID-19 patients at home and predict which ones will need medical intervention. The technologies—including wearable sensors, electronic patient-reported data and digital contact tracing—also could be used to monitor and predict coronavirus exposure in people presumed to be free of infection, providing information that could help prioritize diagnostic testing.

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