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Inflation Could Result in Additional $370B in Healthcare Costs by 2027

HIT Consultant

What You Should Know: – McKinsey & Company’s latest report reveals inflation could result in $370 billion in an additional increase above the baseline in healthcare costs by 2027, causing the government, employers and consumers to burden the cost. trillion through 2027, according to McKinsey analysis.

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A Public Health Wake-Up Call: Reading Between the Lines in IQVIA’s 2023 Use of Medicines Report

Health Populi

It’s a volume speaking volumes on the current picture of prescribed meds, spending and revenues, health care utilization trends, and a forecast looking out to 2027. First, we look at the macro picture on health services utilization comparing the end of 2022 with pre-COVID-19 levels.

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New efforts try to balance nurse staffing ratios with access to care

Healthcare IT News - Telehealth

And even if the COVID-19 crisis has eased, the after-effects remain – straining the workforce. In 2022, one report found a staggering 90% of nurses thinking about leaving the profession. Joseph's Hospital in Denver told her about a powerful connection with a patient during their admission.

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Telehealth revenue could hit $20B in five years, say analysts

Healthcare IT News - Telehealth

revenue by 2027. "The COVID-19 pandemic has accelerated the adoption of telehealth by years, providing safe and convenient access to telehealth services," said Duane Wright, senior research analyst at Bloomberg Intelligence. Super utilizers are typically on the younger side, and mostly using behavioral health.

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Why Digital Transformation is Imperative to Combat Healthcare’s Labor Crisis

HIT Consultant

As the coronavirus pandemic first spread across the globe, health systems turned to technology and virtual care while focusing their efforts on COVID-19 and its consequences. COVID-related emergency department visits doubled between December 2021 and January 2022 to their highest level since the pandemic began. In the U.S.,

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Skilled Nursing Update: CMS Finalizes Changes to SNF Value-Based Purchasing, SNF Quality Reporting Program and Civil Monetary Penalties

Hall Render

CMS is also adopting the COVID Vaccine: Percent of Patients/Residents Who Are Up to Date (known as the “Patient/Resident COVID-19 Vaccine”) measure beginning with the FY 2026. The Final Rule creates: The Long Stay Hospitalization Measure per 100 residents beginning with the FY 2027 program year and FY 2025 performance year.

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Professional Development: The Overlooked Solution to Nurse Burnout & Turnover

HIT Consultant

Felicia Sadler, MJ, BSN, RN, CPHQ, LSSBB, VP of Quality at Relias Despite the recent end to the COVID-19 global public health emergency, its effects linger. About 100,000 nurses left the workforce during the pandemic, with over 600,000 reporting their intention to leave by 2027, citing stress and burnout as primary reasons.

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