Comments
2014 Healthcare Industry Forecast: Sweeping Change
Threaded  |  Newest First  |  Oldest First
David F. Carr
100%
0%
David F. Carr,
User Rank: Author
12/11/2013 | 4:48:52 PM
Faster change, really?
Do the changes happening now really feel like they're happening at a faster rate? Every 2014 tech tech and market forecast proclaims big changes, often exaggerated, but is healthcare different?

Big changes or incremental ones coming next year?
WKash
50%
50%
WKash,
User Rank: Author
12/11/2013 | 5:43:01 PM
Lack of pricing transparency
The point about pricing transparency in the PwC report is debatable.  As you note: "The trend toward consumer-driven healthcare has been building for years... However, one flaw in this approach is consumers tend to have too little knowledge of the real cost of care -- particularly hospital care -- to make good decisions. PwC sees this as one of the things that is starting to change."

But one wonders how soon.  Even as data becomes more available to compare the price of treatments by various providers and hospitals, history has shown that when transparency exposes the price of goods and services, providers find other ways to extract additional fees and payments. 

Just look at what happened in the airline industry as data harvesting services made it easy to compare the price of airline tickets.  Guess how much airlines netted last year on things like baggage fees; head-of-the-line boarding rights; and other ancillary revenue programs? $27.1 billion according to a Review of Ancillary Revenue Results for 2012. 

Consumers need better information, no question.  But one imagines consumers will still be face a mountain of confusion as more of that information becomes available.

 

 
ChrisMurphy
50%
50%
ChrisMurphy,
User Rank: Author
12/11/2013 | 9:34:07 PM
Re: Lack of pricing transparency
The comparison I've heard to the airline industry is that healthcare providers need to get patients to do a lot of the work they now do -- copying how we airline passengers now look up and book our own flights online without a person involved, and check in ourselves. Some things (like carrying our own bags) are a hassle, but others like online booking are a feature. Most of us would welcome the chance to go online and book our own doctor appointment time, rather than calling.   
Gary_EL
50%
50%
Gary_EL,
User Rank: Ninja
12/12/2013 | 6:42:42 PM
Level Playing Field
The exchanges will mean that freelancers like me will be able to buy insurance for the same price that an employer with multiple employees can. Yes, freelancers will still forgo that "defined contribution," but we won't have to pay more than twice as much as does a medium sized organization per head. And, think of how much time a business owner with a dozen employees currently has to waste on this. Now, all that wasted effort can be concentrated on providing better products and services.

 


The Agile Archive
The Agile Archive
When it comes to managing data, donít look at backup and archiving systems as burdens and cost centers. A well-designed archive can enhance data protection and restores, ease search and e-discovery efforts, and save money by intelligently moving data from expensive primary storage systems.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Elite 100 - 2014
Our InformationWeek Elite 100 issue -- our 26th ranking of technology innovators -- shines a spotlight on businesses that are succeeding because of their digital strategies. We take a close at look at the top five companies in this year's ranking and the eight winners of our Business Innovation awards, and offer 20 great ideas that you can use in your company. We also provide a ranked list of our Elite 100 innovators.
Video
Slideshows
Twitter Feed
Audio Interviews
Archived Audio Interviews
GE is a leader in combining connected devices and advanced analytics in pursuit of practical goals like less downtime, lower operating costs, and higher throughput. At GIO Power & Water, CIO Jim Fowler is part of the team exploring how to apply these techniques to some of the world's essential infrastructure, from power plants to water treatment systems. Join us, and bring your questions, as we talk about what's ahead.