Question

Describe three Federal legal trends that are occurring in health care today. What are the implications to the health care entity? What is the best way to stay abreast of any changes? (minimum of 250 words)

Answer 1

Healthcare trends have been identified as micro rather than macro as incremental year-to-year changes dominated the US healthcare market. Looking at 2019 and toward 2020, the shift to macro-level trends returns,

3 concepts are

1. populism

2. consurism

3. consious consurism

All these terms resonate to varying degrees in the US economic and political discussions, and they affect healthcare. For example, current concerns regarding protection from the use of dangerous drugs, while attacking unfair pricing and out-of-pocket costs associated with healthcare insurance are still hot topics for 2019.

Worldwide, the United States remains the largest pharmaceutical market, particularly in terms of drug spending. The US pharmaceutical industry will continue to be buoyed by the tax reform passed in November 2017 that helped to free up more money for investment in pharmaceutical research and development. Innovations will continue to emerge in 2019, including promising gene-editing technique

many medical technology rivalries are competing, especially with China, with tariff battles that have resulted in part from trade disputes or intellectual property issues, including medical imaging equipment, medical supply consumables, and some drugs

The rise of healthcare costs far faster than inflation has been a major driver for healthcare reform in the United States

Integrated care across the continuum of care delivery from acute care to home-based services has emerged as a central clinical and economic area for improved efficiency in US healthcare. Workforce- and population-centered care settings will likely contribute to stakeholder role shifts in terms of where care is provided, such as hospitals functioning as community health systems, retailers as convenient care clinics, and insurers as partners with community-based providers.

The pace of technological change we have seen has been remarkable, relentless, and amazing compared with the status quo. Today, a broad concept known as the Internet of Things (IoT) links objects to the Internet and facilitates data

Change does not always come fast and is usually preceded by basic developments, with continued improvements that drive innovation over time. This also holds true in healthcare. Much of what is reaching the pharmaceutical market today has been in the works for years and has become mature enough for utilization by healthcare providers and consumers.