HCAD 600 group 3 fall 2016

1. Macro Trends in Healthcare and its
Effect on Careers in the Future
SADIE ASHBY
RAYNELL DUVALL
CARLA HYNES
SHERLINE NOEL
SARA RINK
HCAD 600 9081
DR. FELENCIA MCGEE
NOVEMBER, 2016
UNIVERSITY OF MARYLAND UNIVERSITY COLLEGE

2. U.S. HEALTHCARE SYSTEM
“Health spending is expected to accelerate an average 5.7% for 2017 – 2019”
- CMS
Analysis of key macro trends may provide two major benefits:
• Provides insight into the direction of future healthcare managers
• Predicts the future direction of the healthcare system as a whole

3. Healthcare, Both Now and in the Future
 Healthcare spending to accelerate to 5.7% from 2017 to 2019
 Both employed and unemployed individuals challenged to acquire
comprehensive and affordable healthcare insurance
 Today’s healthcare focuses on the treatment of illness, chronic and acute
 In 2020, tomorrow’s healthcare focus will be on prevention
 Trending tomorrow: Patient-centered healthcare delivery and services

4. 5 Macro Trends in Healthcare
 Economy
 Federal and state governments
 Personal lifestyles and behaviors
 Technology
 Biotechnology

5. U.S. Economy: Healthcare
 Highest increases in health insurance
deductibles to date occurred in 2016
 Employees pay 5% more in premiums for
employer-sponsored plans in 2016
 Due to the rising cost of all areas of
healthcare, 1 in 3 Americans of all ages
forgo medical treatment
 Healthcare administration accounts for 20-
30% of healthcare expenditures
 Physicians are affected by the rising
increases in malpractice insurance
premiums

6. Health Economics Manager
 Works to understand the behaviors of individuals, healthcare providers, and the
public
 Develops cost effective decision-making processes for both the government and the
private sector
 Leverages the newest technologies to help off set healthcare costs to increase
positive patient outcomes
 Promotes total health
 Global and domestic positions available with more opportunities in the future
 Job outlook for health economists is excellent right now.
 Investigates the consumption of healthcare resources and analyzes healthcare
subfields

7. Federal and State Policies-Medicaid and
Medicare
Medicaid
Government insurance program for
persons of all ages whose income is
insufficient to pay for health care
In 2014, Medicaid expenditures
totaled more then $496.6 billion
dollars for patient care services
Long-term care for the aging and
disabled accounted for 25% of
Medicaid dollars
Fraud
Billions of dollars wasted each year
in healthcare fraud
-when healthcare fraud takes place,
it takes away from vital funds used
for those who really need it
Medicare
Federal government insurance
program for anyone who is age 65
or over
Includes part A (hospital insurance),
Part B (medical insurance), Part C
(medicare advantage plans), and
Part D (prescription drug coverage)
Medicare spending is projected to
increase from $523 billion in 2010 to
just over $1 trillion by 2022

8. Medicaid Manager
 Monitors insurance claims
 Ensures that eligible individuals apply for
Medicaid
 Monitors provider credentialing

9. Personal Lifestyles & Behaviors
 Average American is unhealthy
 Unhealthy eating & inactivity are major contributing factors
 Society is facing an obesity epidemic
 Obesity is major precursor to prevalent diseases: hypertension, diabetes, heart
attacks, stroke
 Need for behavior modifications and other tools to help people
 Trends: worksite wellness, smoking cessation, preventative health

10. Health & Wellness Careers
 Health Educators: Bureau of Labor Statistics (BLS) projects 13 percent growth
from 2014 to 2024, faster than the average for all occupations. Growth will be
driven by efforts to improve health outcomes and to reduce healthcare costs by
teaching people healthy habits and behaviors and explaining how to use
available healthcare services.
 Exercise Physiologist: Bureau of Labor Statistics (BLS) projects 11 percent growth
from 2014 to 2024, faster than the average for all occupations. Demand may
rise as hospitals emphasize exercise and preventive care as part of their
treatment and long-term rehabilitation from chronic diseases, such as
cardiovascular and pulmonary diseases.
 https://youtu.be/iI7Zj22nFm8

11. Technology
 The future of healthcare is in your Smartphone.
 Mobile devices with Android and Apple operating systems are becoming more
popular than in years past as healthcare moves to Telehealth in the future.
 With the future brings on how care will be rendered. Virtual care in a virtual
office allows providers to communicate with patients without the patient
actually going to the doctor’s office.

12. Technology Trends in Healthcare
Healthcare Mobile Developer
Health Informatics Manager
Clinical Solution Analyst
Healthcare Consultants

13. Biotechnology
 Technology based on biology
 Harnesses cellular and biomolecular processes
 Uses living organisms to solve problems
 Technologies and products that help improve our
lives
 Technologies to combat debilitating and rare
diseases

14. Manager, Biomedical Engineer
 Applies engineering principles to medical and biological
problems
 Finds ways to increase patient care and effectiveness
 – Median Pay: $86,960
 – Number of Jobs: 19,400
 – Job Outlook: 27% growth

15. SUMMARY
 Healthcare expenditures are currently in the billions of dollars and are expected
to increase due to issues such as healthcare fraud and high administrative costs
 Personal and lifestyles choices contribute to the obesity epidemic and create a
less health America
 Healthcare is trending towards disease prevention and improved patient
outcomes
 Trends in healthcare include healthcare economics, and the use of technology
and biotechnology to promote wellness and combat diseases
 Trends in healthcare create increases in healthcare management career
opportunities

16. References
 BIO. (n.d.). What is Biotechnology? Retrieved November 20, 2016, from
https://www.bio.org/what-biotechnology
 Braverman, B. (January 2016) 10 Healthcare Trends That Will Affect You in
2016. The Fiscal Times. Retrieved from
http://www.thefiscaltimes.com/2016/01/04/10-Healthcare-Trends-Will- Affect-
You-2016
 CMS. (n.d.). Long-Term Services and Supports. Retrieved November 12,
2016, from https://www.medicaid.gov/medicaid/ltss/index.html
 Fraud and Abuse in Federal Programs. Retrieved November 12, 2016, from
https://www.downsizinggovernment.org/fraud-and-abuse
 HealthCare Recruiters International. (2014, September 22). Top 10 Biotech
Jobs. Retrieved November 20, 2016, from http://www.hcrnetwork.com/top-
10-biotech-jobs/

17. References
 Johns Hopkins Bloomberg School of Public Health. (n.d.). What is Heath
Economics? Retrieved November 20, 2016, from
http://www.jhsph.edu/departments/international-health/global-health-
masters-degrees/master-of-health-science-in-health-economics/what-is- health-
economics.html
 Lytton, C., (2015, August 7). This Mirror Can Detect Disease, Retrieved November
16, 2016. Retrieved from http://www.thedailybeast.com/articles/2015/08/07/this-
mirror-can-detect- disease.html
 Naylor, M. D., Kurtzman, E. T., Miller, E. A., Nadash, P., & Fitzgerald, P. (2015). An
Assessment of State-Led Reform of Long-Term Services and Supports. Journal of
Health Politics, Policy and Law, 40(3), 531-574. doi:10.1215/03616878- 2888460
 Trivedi, A. (2016, February) Causes of High Health Care Costs. Merck Manuals.
Retrieved from http://www.merckmanuals.com/professional/special-
subjects/financial-issues-in-health-care/causes-of-high-health-care-costs/