← Becker’s Healthcare Podcast
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A special thank you to ECG Management Consultants. ECG has been working exclusively with healthcare organizations for more than 50 years. ECG offers a comprehensive range of services spanning the entire healthcare ecosystem. ECG's roots in contracting and reimbursement run especially deep. Their payer strategy experts have worked in all 50 states and have built relationships with every national and regional healthcare plan. They have recognize the issues that matter the most to both providers and insurers, and understand the unique market dynamics impacting provider reimbursement. ECG asks the tough questions and tells clients what they need to hear, not just what they want to hear. To learn more about ECG, visit ecgmc.com and thank you for listening to the Beckers Healthcare Podcast. Thank you to ECG Management Consultants.
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This is Scott Becker with the Becker Business and the Becker Healthcare Podcast. Today's discussion is 12 Big Healthcare Innovations and I'm going to try and track some of these. Obviously other people will have other thoughts on them, but I thought I'd run through 12 of these and see if you find this interesting. Please feel free at any time to give me comments or thoughts on this and we'll go from there. Thank you. First, artificial intelligence and the impact on ambient listening, logistics and predictive analytics. Also in revenue cycle virtual nursing in progress on supply chains, also on some of the clinical areas. So generally the cascading use cases of artificial intelligence I would say is probably the first largest innovation that we're watching. Second, the movement of care increasingly for some doctors in some areas such as primary care to PAs, NPs and allied health professionals. Also overall moving towards workflow redesign to change how we deliver care. The third big innovation we're watching is the emergence of GLP1s at scale. Amazing how this has grown into 130 billion a year and growing significantly from there. Fourth, the increasing movement of care out of the traditional health systems in clinics to telehealth and other providers. Interesting enough it didn't come from Walgreens and CVS and Walmart, but for many other entrants. Yes, Amazon has a big part in what they're doing as well. Fifth, the evolution of vaccines and immunotherapies for cancers. And this is really interesting, particularly as people are starting to catch some of the cancers earlier to see if some of this can offset some of the growth in cancers. Sixth, the movement to minimally invasive surgery and again this will been over a five to 15 year period, but increasingly a big big thing. Seventh, the movement to precision medicine. Again more and more does this drug work for this person specifically. And if not, let's move to something else. I think fasting see those evolutions. 8th the acceleration in training of nurses. And this is particularly when you juxtapose it to what's happened with physicians. We turn out about 180 to 200,000 nurses a year. We're only turning out about we start about 23,000 doctors a year. And there's big mismatch in how quickly we're able train nurses and move them through the system and develop that pipeline again. And what's going on with physician training? 9th Something we touched on earlier, the accelerated screening for cancers. This is evolving at really fast speed to do more and more through blood tests in other ways than the traditional ways. And then this leads to a lot of people thinking and maybe on the verge of getting cancer, having cancers, and then we got to figure out a way to make sure we can treat them well. 10th this is a move back to the past is the movement of health systems to refocus on cardiovascular, oncology, orthopedics and those things that are the big demand in big dollar areas. Finally. 11th I'm a big fan of the development of changes in pharmaceutical pricing, whether through Civica, Rx or Mark Cuban Cost plus, just real evolutions of showing pharmacy and how it's delivered. Still not cheap. 12th the increasing use cases for wearables. Again, you know, more and more people trying to find ways to use wearables to help them with their sleep, with their diagnosis, with how they're doing with when they should get to the doctor, and a lot more, I think. So many fascinating evolutions and innovations going on. We can go on in this for a long time. A lot we're still missing, but lots of different fascinating healthcare innovations. We hope you enjoy this. Podcast. Becker's Healthcare thank you so much for listening to the Becker's Healthcare Podcast. Feel free at any time to text Scott Becker at 773-766-5322 with subjects and issues you'd like us to cover. Thank you.