How hospitals will handle outpatient competition & disruption in 2019 — 5 takeaways

Facing competition in the outpatient space and new regulatory initiatives, the hospital sector has the most to gain or lose from healthcare disruption, according to Thomas Campanella, Berea, Ohio-based Baldwin Wallace University's Health Care MBA director.

Mr. Campanella examined how stakeholders will weather continued disruption in the healthcare space. Here are five takeaways:

1. New, innovative competitors in the outpatient and home healthcare spaces pose a threat to hospitals. Hospitals are also the target of several recent legislative and administrative initiatives.

2. Hospitals' infrastructure, technology, people, mission and focus have been defined by what Mr. Campanella called "sick-care," rather than value-based care.

"The winners will be those hospitals and hospital systems that embrace this new world of healthcare and follow through and go forward with a real value-based transformation," he said.

3. Hospital inpatient admissions will continue decreasing while patient acuity increases, Mr. Campanella predicted.

4. He expects for-profit models will be prevalent in the growing outpatient and home healthcare spaces.

5. Private equity, venture capital and Fortune 500 companies will likely continue investing in healthcare to fill value-based voids and participate in supply-chain innovations.

 

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