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Findings on Healthcare Ecosystem Analysis
Looking at the Ecosystem of the Healthcare industry:
•Healthcare System
oHospitals
§Physicians
•Medical Tourism – 1.4M Americans travel to other countries and spend approximately $45-$70B to save costs for procedures.
•Digital outreach is being led by telehealth and retail clinics – CVS MinuteClinic, Walgreens Healthcare Clinic, and ConvenientMD. (Dell, 2017)
§Patients
•83.1M patients are millennials seeking Healthcare services. (Dell, 2017)
•61M are Gen Xers patients. (Dell, 2017)
•75M are Baby Boomers patients. (Dell, 2017)
§Payer
•Health Insurance Companies – Preventive care is 100% covered under ACA (Dell, 2017)
•Out-of-pocket – Outpatient fee-for-services for elective services. (Dell, 2017)
•Medicare – HCAHPS set up Triple Aim to help with reimbursement. (Dell,
2017)
§Pharma
•Pharmaceutical companies – Within the US sells approximately 0B in products (HCL, 2011)
•Pharmacies – In the US it is a $277B industry (HCL, 2011)
•Mandatory Regulations – DSCSA requires disclosure of information when a pharmaceutical drug changed ownership within the supply chain. (TECSYS,
2018)
§Cyber Security
•90% of Healthcare organizations suffered security data breaches and have spent
$6.2B in total recovery costs. (Zensar, 2019)
•Healthcare experiences 340% more security incidents than other industries. (ALE, 2018)
§Technology
•80% of doctors use smartphones and medical apps with 65% of all interactions happen through mobile devices. (ALE, 2018)
•EMRs are in the Cloud. (ALE, 2018)
•IoT can be found in MRIs and CT scanners with 52% of hospitals using 3 or more IoT devices. (ALE, 2018)
•Planning software allows for qualitative trends for better forecasts. (TECSYS,
2018)
Findings on Healthcare Ecosystem Analysis: please write the words from above three articles only no need to go anywhere else. Only this section on sample paper,
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