With the start of a new year dampened by Omicron and yet another surge in COVID-19 infections, it's hard not to wonder what this "next normal" will look like for healthcare. After chatting with each of Vynamic's heads of sector, Jen, Mindy & Ryan bring it all together to discuss the trends expected to shape the industry this year. With immense cost strain across the system, plan sponsors are tightening budgets and revising benefit constructs (00:53) and consumers are feeling the squeeze. These costs are often hardest felt amongst those facing socioeconomic inequities – and the pandemic has brought the equity imperative front & center (06:57). The pandemic has also precipitated an innovation explosion – particularly as it relates to everywhere care (12:26) – and it seems data is positioned to become the currency of 21^st century healthcare (17:41). A booming senior population with eyes on a new aging (23:25) and the proliferation of transformative therapeutics (27:38) means that industrywide change will be needed, soon.

View our 2022 Healthcare Industry Trends infographic at https://vynamic.com/insights/2022-healthcare-industry-trends/.

Podcast Tags: healthcare, health plans, providers, life sciences, health tech, health equity, telehealth, digital health, big data, EHR, Medicare, gene therapy

Source Links:

· https://www.beckershospitalreview.com/pharmacy/drug-prices-soared-by-nearly-4-times-the-inflation-rate-in-5-years-house-investigation-finds.html

· https://www.fiercehealthcare.com/payer/nationwide-out-pocket-spending-grew-10-to-1-650-per-person-2021-expect-to-continue-through

· https://catalyst.nejm.org/doi/full/10.1056/CAT.20.0569

· https://med.stanford.edu/dean/healthtrends.html

· https://rockhealth.com/aging-in-place/

· https://www.thebusinessresearchcompany.com/report/cell-and-gene-therapy-global-market-report-2020-30-covid-19-growth-and-change

· https://www.healthaffairs.org/doi/10.1377/hlthaff.2020.01470

· https://www.fiercehealthcare.com/tech/majority-healthcare-executives-don-t-trust-their-organization-s-data-survey-finds?oly_enc_id=4902E0496778J3Y

· https://www.advisory.com/daily-briefing/2021/11/17/health-equity

For additional discussion, please contact us at TrendingHealth.com or share a voicemail at 1-888-VYNAMIC.

Mindy McGrath, Healthcare Industry Advisor

mindy.mcgrath@vynamic.com

Ryan Hummel, Executive and Head of Provider Sector

ryan.hummel@vynamic.com

Jen Burke, Healthcare Industry Strategist

jen.burke@vynamic.com