Spring 2018
Greater Charlotte Healthcare Executives Group (GCHEG) Quarterly Newsletter March 15, 2018
In This Issue
President's Message
Greetings from your Chapter President
Membership and Advancement
Welcome New GCHEG Members
Congratulations New Fellows!
ACHE National News
National News Q1 2018
North Carolina Regent Message
Message from Your ACHE Regent - Winter/Spring 2018
Career and Articles of Interest
6 Key Healthcare Trends to Watch in 2018
CIOs Rank Most Overhyped IT Innovations
GCHEG Member Submitted Articles
Share Your Experience and Photos!
Healthtech Women Launches Charlotte Hub
Diversity & Inclusion Physician Award: Coming Soon
Upcoming Events
MedLink: 6th Annual Community Forum
National Public Health Week: Panel Event
Leadership to Foster the Culture of Innovation
Staying Connected
Engaging with GCHEG on Social Media
Email deliverability
Ensure delivery of Chapter E-newsletter (Disclaimer)
Newsletter Tools
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Career and Articles of Interest
6 Key Healthcare Trends to Watch in 2018

At the start of 2018, the healthcare industry is on the cusp of more significant change, according to a recent Health Affairs Blog post. Highlighted below are six trends to be on the lookout for.

Insurance Market Stability, With Some Exceptions

The healthcare reform strategy of Republicans going forward will likely be to focus on the states, granting them waivers to experiment with insurance programs and expand Medicaid coverage. That said, healthcare leaders are viewing 2018 as a year of greater insurance market stability. On the other hand, bad debt continues to climb, which means some healthcare leaders still face major financial threats.

Renewed Focus on Value-Based Care

CMS will likely continue to ramp up the Medicare Access and CHIP Reauthorization Act of 2015 that incents clinicians to take risks with alternative payment models. Private sector actions also appear to be expanding and accelerating the value-based payment movement, disrupting the status quo.

Continued Rise of Consumerism

To ultimately succeed, health leaders realize that they need to, above all else, excel at attracting and engaging patients, families, caregivers, and consumers. More and more, providers will work with patients, families and caregivers to develop approaches to more actively manage their health and healthcare.

Embracing Standardization and Waste Reduction

Healthcare leaders have a larger and more urgent financial imperative to identify and isolate wasteful practices, cost outliers and the root causes for inefficiencies. These efforts will rely heavily on having accurate and actionable data and analytics.

Increased Drug Market Competition

Congress and the FDA will continue to explore new initiatives designed to unleash more competition that can moderate drug price trends. Efforts could include developing more generics where competition is lacking, streamlining the generic drug approval process, eliminating loopholes that prevent the introduction of competitor drugs and promoting biosimilars.

Data Warehouse Growth and Strides in Interoperability

While providers wait for new interoperability provisions, they continue to build data warehouse systems, enhance data analytics, and train their workforce on IT-related competencies.

—Adapted from “What To Watch In Health Care In 2018: Six Key Trends,” by Susan DeVore, Health Affairs Blog, Jan. 29, 2018.


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