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80%+ of healthcare leaders addressing patients' social needs to enhance value-based care & 5 more insights

Change Healthcare and the HealthCare Executive Group released results from their 8th annual Industry Pulse survey providing insights into healthcare from industry leaders.

The groups surveyed more than 2,000 Change Healthcare members. Among those members were payers, HealthCare Executive Group members and Health Plan Alliance members. Approximately 52 percent of all respondents were presidents, vice presidents and C-suite level executives in their respective organizations.

Here's what they found:

1. Social determinants of health have ascended to being used in industry standard practices. More than 80 percent of respondents promoted value-based care initiatives through addressing the social needs of their patients.

2. High-deductible health plans are causing consumers to take a less active role in their healthcare, relying on the plans in the event of an emergency instead of to seek preventive care.

3. Mobile/digital health adoption rate is increasing but at a sluggish pace. Consumers are hesitant to embrace digital health tools because of security and privacy concerns.

4. Industry leaders have turned their attention to blockchain, artificial intelligence, robotic process automation and other advanced technologies.

5. Approximately 63 percent of respondents believe clinical data integration is helping to support administrative cost efficiencies.

6. Healthcare is leaving negative incentives behind to offer consumers positive incentives to influence behavior. Payers are taking steps to advance value-based care and to find ways to encourage consumer engagement through these initiatives.

For the full survey, click here.

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