healthcare factoids to power your brain 2015

Healthcare Factoids to Power Your Brain 2015

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58% of Medicare payments made in 2013 were tied to fee-for-service models.

Source: Modern Healthcare, "Medicare payments still lean toward volume, not value,“ Sabriya Rice, May 5, 2015 http://www.modernhealthcare.com/article/20150505/NEWS/150509962

Our collective challenge going forward will be to gauge not just how quickly payment reform progresses, but also how effectively it helps to improve the quality and value of care for the over 50 million Americans insured by the Medicare program”

― CPR Executive Director Suzanne Delbanco

http://www.modernhealthcare.com/article/20150505/NEWS/150509962


Since 2011, hospital-acquired conditions have fallen by 17 percent, saving an estimated 50,000 lives and $12 billion.

Source: HHS, December 2, 2014 http://www.hhs.gov/news/press/2014pres/12/20141202a.html

Today’s results are welcome news for patients and their families. These data represent significant progress in improving the quality of care that patients receive while spending our health care dollars more wisely.

― HHS Secretary Sylvia M. Burwell

http://www.hhs.gov/news/press/2014pres/12/20141202a.html


The Medicare all-cause 30-day readmission rate fell to around 17.5% in 2013, translating to an estimated 150,000 fewer hospital readmissions among Medicare beneficiaries.

Source: CMS, "Better Care, Smarter Spending, Healthier People: Improving Our Health Care Delivery System," January 26, 2015 https://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-01-26.html

https://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-01-26.html


Source: HealthIT Analytics, "86% of Providers Aim for Integrated EHR, Practice Management," Jennifer Bresnick, June 8, 2015 http://healthitanalytics.com/news/86-of-providers-aim-for-integrated-ehr-practice-management

70% of smaller physicians have still not settled on a technology suite for meaningful use.”

― Doug Brown, Black Book

http://healthitanalytics.com/news/86-of-providers-aim-for-integrated-ehr-practice-management


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Paper Digital

Source: Becker's Health IT & CIO Review, "25 health IT data points on EHRs, MU, mHealth and big data," Akanksha Jayanthi, January 6, 2015 http://www.beckershospitalreview.com/healthcare-information-technology/25-health-it-data-points-on-ehrs-mu-mhealth-and-big-data.html

In 2012, paper-based claims submissions cost $2.58 compared to $0.54 for digital.

http://www.beckershospitalreview.com/healthcare-information-technology/25-health-it-data-points-on-ehrs-mu-mhealth-and-big-data.html



83% of patients expect hospitals to use EHRs, but only 53 percent said they trust the safety and security of the software.





Source: HealthIT Analytics, "EHRs Don't Do Enough for Care Coordination, Docs Say," Jennifer Bresnick, January 19, 2015 http://healthitanalytics.com/news/ehrs-dont-do-enough-for-care-coordination-docs-say/

83% of physicians are frustrated by EHR usability, interoperability and integration.

http://healthitanalytics.com/news/ehrs-dont-do-enough-for-care-coordination-docs-say/


68% of Healthcare IT leader-ship believe their Health IT is improving quality of care and patient satisfaction.

Source: HIMSS, "26th Annual HIMSS Leadership Survey," April 2015http://s3.amazonaws.com/rdcms-himss/files/production/public/2015Conference/images/2015-HIMSS-Leadership-Survey-Infographic.jpg

http://s3.amazonaws.com/rdcms-himss/files/production/public/2015Conference/images/2015-HIMSS-Leadership-Survey-Infographic.jpg


Source: HealthIT Analytics, "Just 15% of Hospitals Use Predictive Analytics Infrastructure," Jennifer Bresnick, March 24, 2015 http://healthitanalytics.com/news/just-15-of-hospitals-use-predictive-analytics-infrastructure/

Just 15% of hospitals are using advanced predictive analytics to stay one step ahead of preventable hospital readmissions, and hospital-acquired conditions.

http://healthitanalytics.com/news/just-15-of-hospitals-use-predictive-analytics-infrastructure/


Source: Clinical Innovation+Technology, "Data Analytics: Paths to Value-based Care," Laura Pedulli, March 23, 2015 http://healthitanalytics.com/news/healthcare-big-data-analytics-adoption-rises-by-6-since-2013

OSF’s healthcare predictive readmission model has helped bring their all-cause readmission rate to less than 10%.

http://healthitanalytics.com/news/healthcare-big-data-analytics-adoption-rises-by-6-since-2013


Source: HealthIT Analytics, "Healthcare Big Data Analytics Adoption Rises by 6% Since 2013," Jennifer Bresnick, May 27, 2015 http://healthitanalytics.com/news/healthcare-big-data-analytics-adoption-rises-by-6-since-2013

70% of providers surveyed by KLAS Research in 2014 said they can see tangible patient care benefits from the implementation of population health management tools.

http://healthitanalytics.com/news/healthcare-big-data-analytics-adoption-rises-by-6-since-2013


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$3714

$371High Low

The average cost per inpatient day across US ranges $371 - $3,714.

Source: Becker's Hospital CFO, "Average cost per inpatient day across 50 states," Emily Rappleye, May 19, 2015 http://www.beckershospitalreview.com/finance/average-cost-per-inpatient-day-across-50-states.html

http://www.beckershospitalreview.com/finance/average-cost-per-inpatient-day-across-50-states.html


Source: HIT Consultant, "Healthcare Internet of Things To Reach $117B ny 2020," April 23, 2015http://hitconsultant.net/2015/04/23/healthcare-internet-of-things-to-reach-117b-by-2020/

The Healthcare Internet of Things will reach $117 billion by 2020.

http://hitconsultant.net/2015/04/23/healthcare-internet-of-things-to-reach-117b-by-2020/


30% of healthcare payment's $5 trillion annual price tag wasted due to inefficient billing.

$1.5 Trillion Down-the-Drain

Source: Becker's Hospital CFO, "30% of healthcare payment's $5 trillion annual price tag wasted due to inefficient billing," Carrie Pallardy, June 3, 2015 http://www.beckershospitalreview.com/finance/30-of-healthcare-payment-s-5-trillion-annual-price-tag-wasted-due-to-inefficient-billing.html

http://www.beckershospitalreview.com/finance/30-of-healthcare-payment-s-5-trillion-annual-price-tag-wasted-due-to-inefficient-billing.html

http://www.beckershospitalreview.com/finance/30-of-healthcare-payment-s-5-trillion-annual-price-tag-wasted-due-to-inefficient-billing.html


Source: The Advisory Board Company, "AHRQ: The conditions that cause the most readmissions," Daily Briefing, April 22, 2014 https://www.advisory.com/daily-briefing/2014/04/22/most-common-readmissions

Medicare patients account for > 55% of all readmissions & 58% of costs associated with readmission.

https://www.advisory.com/daily-briefing/2014/04/22/most-common-readmissions



IDC Health Insights predicts 65% of healthcare interactions will be mobile by 2018.




Source: HealthLeaders, "Population Health Hot-Spotting," Jim Molpus, May 2015http://www.healthleadersmagazine-digital.com/healthleadersmagazine/may_2015?folio=10#pg62

Intermountain Healthcare found that the top 1% of high-cost, high-utilizing patients (“hot-spotters”) accounted for 24% of all healthcare costs.

http://www.healthleadersmagazine-digital.com/healthleadersmagazine/may_2015?folio=10%23pg62


Source: Health Care Transformation Task Force, "Proactively Identifying the High Cost Population," July 2015 https://static1.squarespace.com/static/548b623fe4b0991231a05ff0/t/559423dbe4b0fc1e2ed51fb6/1435771867875/White+Paper+-+Proactively+Identifying+the+High+Cost+Population.pdf

While top 5% of patients incur more than 49% of healthcare spending, not all are chronic users of services.

https://static1.squarespace.com/static/548b623fe4b0991231a05ff0/t/559423dbe4b0fc1e2ed51fb6/1435771867875/White+Paper+-+Proactively+Identifying+the+High+Cost+Population.pdf

https://static1.squarespace.com/static/548b623fe4b0991231a05ff0/t/559423dbe4b0fc1e2ed51fb6/1435771867875/White+Paper+-+Proactively+Identifying+the+High+Cost+Population.pdf


Source: Mobi Health News, "FDA-cleared digital health devices to save healthcare $100B by 2018," Jonah Comstock, June 4, 2015 http://mobihealthnews.com/44107/fda-cleared-digital-health-devices-to-save-healthcare-100b-by-2018/

Survey shows 57% of US consumers self-track their health information online.

The proliferation of internet-connected solutions and evolving regulatory guidelines are blurring the lines between clinical and consumer health solutions”

― Rick Ratliff, Accenture

http://mobihealthnews.com/44107/fda-cleared-digital-health-devices-to-save-healthcare-100b-by-2018/


Source: Gartner, "Top 10 Strategic Predicitions for 2015 and Beyond," October 4, 2014https://www.gartner.com/doc/2864817?refval=&pcp=mpe

By 2020, developed world life expectancy will increase by a half-year, due to the widespread adoption of wireless health monitoring technology.

https://www.gartner.com/doc/2864817?refval=&pcp=mpe


Source: Accenture, "2015 Healthcare IT Vision: Top 5 eHealth Trends"http://nstore.accenture.com/techtrends/healthcare/Healthcare_Technology_Vision_2015_Infographic.pdf

76% of doctors say their patients’ use of wearable health devices helps patient engagement with their own health.

http://nstore.accenture.com/techtrends/healthcare/Healthcare_Technology_Vision_2015_Infographic.pdf


Source: The Beryl Institute, "The State of Patient Experience 2013 Findings"http://c.ymcdn.com/sites/www.theberylinstitute.org/resource/resmgr/benchmarking_study/2013_benchmarking_slides.pdf

70% of healthcare executives rank patient experience among their organization’s top three priorities for the next three years, but only 17% feel “very positive” about their progress toward improving patient experience.

http://c.ymcdn.com/sites/www.theberylinstitute.org/resource/resmgr/benchmarking_study/2013_benchmarking_slides.pdf

http://c.ymcdn.com/sites/www.theberylinstitute.org/resource/resmgr/benchmarking_study/2013_benchmarking_slides.pdf


Source: B.E. Smith, "2015 AHA Environmental Scan," Gene J. O'Dell, Donna J. Aspy, & Lee Ann Jarousse"https://www.besmith.com/thought-leadership/articles/2015-aha-environmental-scan

Forecasts suggest over 75% of physicians could be employed in hospitals and systems by 2020.

https://www.besmith.com/thought-leadership/articles/2015-aha-environmental-scan


Source: Institute for Healthcare Improvement. (2014). Congestive heart failure.http://www.ihi.org/Topics/CHF/Pages/default.aspx

Heart failure (HF) affects an estimated 5.3 million people, mostly the elderly, and is the underlying cause for 12 to 15 million office visits and 6.5 million hospital days each year.

http://www.ihi.org/Topics/CHF/Pages/default.aspx


Source: Anderson GF. Medicare and Chronic Conditions. Sounding Board. New England Journal of Medicine. 2005 July 21;353(3):305

Currently, more than 80 percent of Medicare patients have one or more chronic conditions. More than 20 percent are treated for five or more chronic diseases.



The healthcare industry can save about $8.1 billion annually through additional conversions from manual to electronic transactions.




Source: Accenture, "2015 Healthcare IT check-up shows progress (and some pain)--Infographic"https://www.accenture.com/us-en/insight-2015-healthcare-it-check-up-shows-progress-pain-infographic.aspx

Interoperability: 51% of US doctors in 2015 routinely access clinical data of a patient who has been seen by a different health organization, slightly up from 45% in 2012.

https://www.accenture.com/us-en/insight-2015-healthcare-it-check-up-shows-progress-pain-infographic.aspx


Source: HealthIT Analytics, "How a Shortage of 90k Physicians May Impact Healthcare Reform," Jennifer Bresnick, March 6, 2015 http://healthitanalytics.com/news/how-a-shortage-of-90k-physicians-may-impact-healthcare-reform/

Report predicts shortage of 90k physicians by 2025.

http://healthitanalytics.com/news/how-a-shortage-of-90k-physicians-may-impact-healthcare-reform/



73% of health executives surveyed see positive ROI from personalization technologies.



Source: B.E. Smith, "Healthcare Trends 2015," Doug Smith, MBA, MHA & Christine Ricci, MBA, RNhttps://www.besmith.com/thought-leadership/white-papers/healthcare-trends-2015

Video consultations are projected to grow from 5.7 million in 2014 to 130 million by 2018.

https://www.besmith.com/thought-leadership/white-papers/healthcare-trends-2015


New report: number of physician assistants has jumped 36% since 2009.

Source: Forbes, "Physicians Assistants Grow, Expand Value-Based Care Role," Bruce Japsen, April 22, 2015http://www.forbes.com/sites/brucejapsen/2015/04/22/physician-assistants-write-value-based-care-prescription/

http://www.forbes.com/sites/brucejapsen/2015/04/22/physician-assistants-write-value-based-care-prescription/



66% of US health systems will offer digital self-scheduling by the end of 2019.



Paul Horstmeier brings 25 years of Fortune 500 and small business operations and general management experience to Health Catalyst. He co-founded HB Ventures and filled senior executive roles at HB Ventures portfolio companies. Within Hewlett-Packard, Mr. Horstmeier launched and grew three different businesses, including co-founding HP's commercial e-commerce business

which later expanded to include the management of the data systems and infrastructure for marketing operations across the company. As Vice President of HP.com, he headed up a 700-person organization which was awarded nearly every industry award for quality and innovation during his tenure.

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Healthcare Factoids to Power Your Thinking - 2015

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