Continuing the Conversation is a recurring market update in your inbox every few weeks that will include interesting articles, compelling statistics, and relevant insights from thought leaders throughout the space, as well as our view on the future of the “Health Conversation”. Health happens between visits, we think healthcare should too.
This Week’s News
Dead on arrival? Our salvation from government overreach? If passed as proposed, the individual mandate would be out, tax breaks would replace subsidies, and Medicaid expansion would be withdrawn. These all add up to a lot to debate, and no doubt a lot of headaches and potentially millions losing insurance. It seems that everyone has something to complain about. It doesn’t shrink government enough for some, and it cuts too deeply for others. What will the budget impact be? There’s no CBO report yet, so your guess is as good as ours.
Read more HERE
Both patients and providers expressed that more can be done to increase data use. Ninety percent of providers somewhat or strongly agree that making it clear how PGHD will be used can help motivate patients to collect and submit data. Ninety-seven percent of patients also strongly or somewhat agree that when PGHD is used to develop their care plans, they are more likely to contribute data. Additionally, they will need to understand how patients perceive the benefits of PGHD, such as improving patient-provider communications, empowerment, and overall engagement levels.
Read more HERE
Fast Stats
…2 million to 4 million enrolled in ObamaCare individual markets could lose coverage, in addition to 4 million to 6 million who are covered through Medicaid.
Read more HERE
According to CTA projections, driven by the popularity of fitness activity trackers, the total wearables market in 2017 in the U.S.—including other health and fitness devices, hearables and smartwatches—is expected to generate shipments of 48 million unit sales (14 percent increase over 2016) and earn $5.5 billion in revenue (three percent year-over-year increase).
Read more HERE
The Last Word…
Oh, and as a personal aside, one thing that stood out for me is that Andy Slavitt is amazingly forthright, smart, and will be a great asset to whomever snaps him up. It was a real privilege to have the opportunity to sit down with him.
Dr. Philip Marshall
Co-Founder & Chief Product Officer
Conversa Health