By many of the “Election Pundits,” Obama’s re-election bid was in a way thought to be a washout. But now that Obama has been re-elected can we expect a similar disruption to the popular belief that healthcare is complicated and no one changes it. With Obama Care, could cause a huge change in how the healthcare system operates and rightfully “accelerate this change to impact millions of lives. I would like to base my discussion on three key dimensions: government, healthcare systems and IT. The first critical dimension will be the healthcare system and the following five (5) areas that could be impacted the most:
- Member Enrollment
- Fraud & Abuse
- Patient Care
- Real-time payments
- Disease Management
While discussing the above impact areas I will talk about how the other two dimensions play a key role in accelerating this change. The second dimension will be related to healthcare IT and so the following key items will be discussed in detail:
- Business Process Management
- Data Warehouse and Business Intelligence
- Enterprise Content Management
- Cloud Computing
The third dimension I would like to discuss is the role of federal government in accelerating these changes. Recent mandates like HITECH, HIE, ACO, HIPAA 5010, ICD-10, Summary of Benefits and Affordable Care Act are all focused on reducing waste and increasing care by producing valuable outcomes. Obama will change the healthcare landscape like no other president in the past has done and it comes during a time when the country is reeling in a 16 trillion dollar debt, 50% of which is due to the healthcare cost.
I believe that if you do not see these changes coming you will be left out in the competition. I would like to hear your thoughts on how your organization is preparing for these changes.