Has the Provider’s Compensation Kept Up With the Economy or Healthcare Costs?
The U.S. faces escalating healthcare spending, with 2021 per capita costs reaching $12,318. Compared to advanced economies, the U.S. spent double the amount on healthcare. Factors contributing to this include an aging population, expensive medical innovations, and defensive medicine practices. Chronic diseases among older adults are a significant cost driver. Rising healthcare expenditures and declining physician income create a paradox in the industry. The excessive cost of medical innovation, demographic shifts, and defensive medical practices challenge healthcare affordability and sustainability.
FinTech Platforms to Manage Healthcare Networks Acquisition Risks
Mergers and acquisitions benefit healthcare by expanding services and improving patient care. However, they entail complexities, expenses, and risks. Research reveals reduced operating expenses and improved patient outcomes, but also increased prices with no clear quality improvements. To mitigate risks and achieve success, a strong platform business is crucial, technologically equipped for efficient network growth and integration.