Cost of health care:Stethoscope money and smartphone
By focusing on improving outcomes – whether that’s through pre-operative management or more conservative care - at the lowest best price will help prove the value of orthopaedics in 2019 and beyond.
Providing the best care at the lowest price: Outlook for orthopaedics in 2019 (MedCityNews)
It is extraordinary how significantly medicine has evolved in past five years. We’ve gone from a time when private practitioners were combatively competing with hospitals, to hospitals realizing that they’ll struggle if they don’t adapt to the changing medical landscape as private practice groups have been forced to do in recent years. Now, we’re seeing that private practices and hospitals must work together to share resources to ensure the best health outcomes. And as we look at the next five years, there’s a good chance that procedures will move into outpatient settings whenever possible, putting even greater pressure on hospitals.
With healthcare costs consistently rising between five and a half and seven percent each year for the past five years, consolidation has been the standard in the industry. We’ve seen mergers like CVS/Aetna and...
