Link Between Rising Generic Drug Prices and Market Competition Levels
There is an association between the rising generic drug prices and the changing levels of market competition, according to a study published in Annals of Internal Medicine. Many patients utilize and rely on generic drugs for their medication needs, but rising prices make it more difficult to afford and maintain care. This retrospective
study explored the causes for the continuous increase in generic drug prices by determining the influence of the market competition levels. Read more here.
Vulnerable Populations: Who Are They?
Despite efforts and goals in the United States to reduce or eliminate disparities in healthcare by 2010, significant disparities, including risk factors, access to healthcare, morbidity, and mortality, continue in vulnerable populations. For example, studies find that Americans living in poverty are much more likely to be in fair or poor health and have disabling conditions, and are less likely to have used many types of healthcare. Vulnerable populations include the economically disadvantaged, racial and ethnic minorities, the uninsured, low-income children, the elderly, the homeless, those with human immunodeficiency virus (HIV), and those with other chronic health conditions, including severe mental illness.2 It may also include rural residents, who often encounter barriers to accessing healthcare services.3 The vulnerability of these individuals is enhanced by race, ethnicity, age, sex, and factors such as income, insurance coverage (or lack thereof), and absence of a usual source of care.1,4-8 Their health and healthcare problems intersect with social factors, including housing, poverty, and inadequate education. Read more here.
Top 5 Reasons Health Systems Want Telehealth and 1 Hurdle
If you want a practical definition of win-win, look no further than telemedicine. However, like any new technology, there still are challenges that must be overcome. Specifically, issues around reliability.
One of the hot trends in healthcare right now (there were more than 200 telemedicine bills introduced in state legislatures last year), telemedicine benefits patients through flexibility, improves administration through efficiency, and rewards doctors and healthcare organizations with increased revenue and cost savings. Everyone wins.
Read more here.
Four Tech Trends in Healthcare in 2017
All eyes are on Washington, D.C., as the nation looks to see the imprint President Trump puts on healthcare and other issues that face the country and the world. Meanwhile, provider executives need to focus on delivering high-quality patient care and payer executives need to continue to retain members-all with an eye on quality, cost, and patient and member satisfaction. To be sure, both payer and provider executives will continue to plan for the projected 80 million Medicare beneficiaries in 2030. Still, seniors will soon be outnumbered by millennials as the patients demanding care from the U.S. healthcare system. All of these potential changes and transitions will have a huge impact on health IT in 2017 and in future years. Read more here.
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