Healthcare IT Today

JULY 14, 2022

The use of AI in healthcare is gaining fast traction, with the total market expected to grow over 46% CAGR, reaching $96 billion by 2028. The following is a guest article by Sachin Patel, CEO at Apixio. Furthermore, the closer an activity is to the point of care, the greater the risk of unintended biases in clinical decision-making.

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Healthcare IT Today

MAY 18, 2023

Nutromics’s measurement solution will be available commercially in 2028. Nutromics is developing a personalized solution that will give doctors continuous, real-time data to resolve the current limitations in healthcare. They plan many other applications for the Nutromics patch.

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Doctors FDA Hospitals Telemedicine 119

HIT Consultant

JANUARY 13, 2023

through 2028, outpacing the average projected growth in the gross domestic product (GDP) by 1.1 By 2028, the healthcare industry’s share of the economy is projected to increase to a whopping 19.7% CMS expects national healthcare spending to grow at an average annual rate of 5.4% percentage points. of GDP, according to CMS.

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Healthcare IT News - Telehealth

MARCH 14, 2023

million additional nurses needed by 2028. An aging nurse workforce nearing retirement and student capacity limits in nurse education programs are putting additional pressure on nurse staffing. The American Nurses Association projects that the nursing shortage could reach up to 1.13

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HIT Consultant

JUNE 15, 2022

trillion by 2028, which will only exacerbate the current spending trajectory, leading to an overburdened healthcare system and less satisfied patients. According to the Centers for Medicare and Medicaid Services, U.S. healthcare spending grew 9.7% in 2020, reaching $4.1 trillion, or $12,530 per person. This is forecasted to grow to $6.2

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Healthcare IT Today

FEBRUARY 28, 2023

billion and is expected to grow to more than USD 190 billion by 2028. According to a report by Vantage Market Research, the Global IoT in Healthcare Market is currently valued at USD 73.5

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Healthcare information Technology Governance Telemedicine Hospitals 133

HIT Consultant

SEPTEMBER 26, 2022

billion by 2028, the digital health services segment alone grabbed the largest revenue share in 2020 (3). The increasing penetration of smartphones, mobile apps, and innovative partnerships between pharma and technologies makes digiceuticals a key growth avenue. While the global digital health market is expected to reach US $295.4

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Hall Render

JULY 12, 2022

EOM is the next phase in the Biden Administration’s Cancer Moonshot initiative and will run from July 2023 through July 2028. CMS recently announced the Enhancing Oncology Model (“EOM”), which will build on the Oncology Care Model that ended on June 30, 2022.

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Florida Health Care Law Firm

MAY 2, 2022

Its growth is expected to almost double by 2028. And out-of-town guests often seek a spa day while on vacation in the state. Around the world, the med spa market was estimated to be worth about $19.3 million in 2022. Who Can Own a Medical Spa in Florida?

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Licensing Compliance 52

Kaiser Health News

AUGUST 12, 2022

Another 10 drugs would be added over the next two years, with the savings fully in effect by 2028. Department of Health and Human Services to identify Medicare’s 100 most expensive drugs and then pick 10 for price negotiations starting in 2023. Those prices would take effect in 2026.

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Medicare Medicare Prescription Drug Pricing Health Insurance 105

HIT Consultant

MARCH 13, 2023

My main hope is that by 2028, SDoH is a care priority between clinicians and patient — and between industry and regulators. In five years, my biggest hope is that the healthcare industry will have made major headway in adopting value-driven care best practices that put SDoH at the center of the care program as opposed to on the periphery.

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Electronic Medical Records Hospitals Health Outcomes 98

Hall Render

JANUARY 24, 2022

CMS predicts that home health expenditures will reach $201B by 2028, a 73% increase from 2020. Home health demand is driven by limited hospital resources, growth in telehealth and changes in Medicare policy per HealthPayerIntelligence.

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Nursing Homes Nurses COVID-19 Hospitals 40

HIT Consultant

FEBRUARY 9, 2022

Healthcare spending is projected to exceed $6 trillion by 2028 , largely driven by rising costs of care for an aging population and the growing number of Americans suffering from chronic physical conditions such as pulmonary disease, diabetes and hypertension. Sheila Talton, CEO of Gray Matter Analytics.

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Health Outcomes HIPAA Hospitals Compliance 94

HIT Consultant

JANUARY 3, 2023

Global sales of such wearable devices are expected to grow to $114 billion in 2028 from $36 billion in 2020, according to Fortune Business Insights. In addition to amplifying sound, they could track steps — a notable advance considering the growing market for wearable technology like Apple Watch, Fitbit, and others.

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Hall Render

MARCH 14, 2022

in construction projects that it has planned through 2028, including a 17-story, 560K sf hub for clinical collaboration, a 1.3M Children’s Hospital of Philadelphia provided an update on the $3.5B sf patient tower, a new research building, a new logistics center and two new behavioral health units per Philadelphia Business Journal.

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Department of Veterans Affairs Hospitals COVID-19 Nurses 40

HIT Consultant

AUGUST 15, 2022

billion in 2028, with spending per enrollee reaching $20,751. Approximately 42% of Medicare beneficiaries are enrolled in Medicare Advantage plans—a segment projected to reach 46% by 2025. Due to rapid growth of the 65-and-older portion of the population, Medicare expenditures are forecast to reach $1,559.4

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HIT Consultant

SEPTEMBER 30, 2022

By 2028 U.S. Imagine the impact – on communities, at-risk individuals and budgets – if we proactively provided social care, rather than waiting for patients to present at the emergency department with SDOH-based needs or acute health issues. healthcare spending will reach $6.2 trillion and account for almost 20% of the GDP.

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Healthcare Law Blog

AUGUST 25, 2022

Fifteen more Part D drugs are set to be published in 2027, followed by 15 Part D and Part B drugs, collectively, in 2028. After 2026, the timing for publication is standardized – the February 1 st two years prior to the price applicability date will be the drug publication date. Negotiation-Eligible Drugs.

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Medicare Medicare Medicaid Medicaid 52

Verisys

JANUARY 13, 2022

The states which have implemented payment parity laws include: Arizona. Alaska (for mental health services only). California. Connecticut. Illinois (expires Jan. Massachusetts (for mental health services only). New Hampshire. New Jersey. New Mexico. Oklahoma (effective Jan. Rhode Island.

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Healthcare Law Blog

JANUARY 6, 2023

For instance, Medicaid will pay for non-opioid pain relief treatments separately from and in addition to a payment for a covered outpatient department service provided in 2025 through 2028. [24]

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Dot Compliance

JANUARY 14, 2022

between 2021, and 2028. The life science sector is one of the country’s most lucrative industries. It’s currently worth $7.7 billion and is expected to attain a CAGR of 7.8% But with huge rewards come huge risks, and the life science industries are abundant with them.

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Compliance FDA Regulatory Compliance Governance 52

HIT Consultant

FEBRUARY 22, 2022

In fact, the global direct-to-consumer genetic testing market is expected to grow at a compound annual growth rate of 22.84% between the years 2017 and 2028.

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Electronic Medical Records Hospitals Health Outcomes Doctors 98

Dot Compliance

JUNE 16, 2022

from 2021 to 2028. Maintaining correct compliance can be as costly as it is complicated. It’s estimated that USD 4.5 billion was spent on the global medical device regulatory market in 2020, with expected expansion at a CAGR of 8.6% Implementing regulatory standards requires a combination of people, processes, and technology.

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Regulatory Compliance FDA Compliance Medical Device Industry 52

New Jersey Healthcare Blog

JANUARY 12, 2022

Effective September 28, 2028. The Manual extends Medicaid eligibility to certain persons not eligible under the provisions at N.J.A.C. 10:69, AFDC-Related Medicaid, or 10:71, Medicaid Only.

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Medicaid Medicaid Licensing Nurses 40

Healthcare Law Blog

JANUARY 5, 2023

Part D Medication Therapy Management Program. CMS proposes several changes to its medical therapy management (“MTM”) program to reduce eligibility gaps so that more Part D enrollees with complex drug regimens at increased risk of medication therapy problems would be eligible for MTM services.

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Medicare Medicare Medicaid Medicaid 52

SQA

FEBRUARY 15, 2023

Additional details are provided with respect to the validity of certificates and “sell-off” periods. The Proposal needs to be adopted by the European Parliament and the Council, and it might still undergo some changes in this process.

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US Department of Health and Human Services FDA COVID-19 Public Health 40

SQA

MAY 24, 2023

The amendment will set the following transition timelines for affected devices: Legacy Class III and Class IIb implantable devices: December 2027 Legacy Class IIa and Class I devices: December 2028 Class III implantable custom devices: May 2026 Manufacturers whose CE Mark certificates are set to expire before final publication of the amendment in the (..)

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FDA Compliance Licensing Governance 40

Hall Render

MARCH 11, 2022

in capital projects by 2028. Allegheny Health Network to spend $92M on pay, benefit hikes. Bryn Mawr Hospital unveils expanded, $35M behavioral health unit. CHOP plans nearly $3.5B Pennsylvania hospital selects new CMO. Tower Health cuts financial losses by more than half but remains saddled with $1.3B

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US Department of Health and Human Services COVID-19 Nursing Homes Nurses 40