It’s time to usher in a new year! So what will 2017 have in store for the healthcare industry? Well, the election of Donald Trump definitely has people on their toes as they anticipate what his first year in office holds. It will for sure be a new era for the healthcare industry under his reign, given the industry has already spent quite a number of years adopting to the Affordable Care Act. Here are some trends for the industry in 2017:
- Unclear Fate for the Affordable Care Act
Trump has made repealing and replacing the Affordable Care Act a top priority for his time in office, so the future looks unclear. Although details of his actual plans are scarce right now, the president-elect has said that he plans on keeping some popular parts of the law, including the fact that insurance coverage can’t be denied based on age or health state.
- New emerging technologies
Expect 2017 to come out with even more technologies as they relate to the healthcare industry. This year, expect the US health industry to catch up to other industries in deploying emerging technologies like AI, virtual reality and drones and impact healthcare operations, workforce needs and more. Also, many will invest more in cybersecurity to avoid costly breaches and meet regulations.
- More focus on nutrition
In 2017, expect a bigger focus on nutrition as a way to prevent medical problems and improve general health. This means the demand for nutrition-based programs and services will increase, with consumers wanting more advice on the subject from their healthcare professionals.
- New drug pricing restrictions
There was a lot of controversy in 2016 over drug pricing and 2017 might have new restrictions on drug pricing. But these new restrictions might not come from regulators but from the industry trade organizations and pharmaceutical companies themselves.
- New partnerships and collaborations
New in 2017 will be many new partnerships and collaborations in order to build new capabilities and stay competitive.
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