PwC's Health Research Institute Identifies the Top Ten Health Industry Issues to Watch in 2013
New HRI report provides insight into healthcare industry's focus in the year ahead; ACA implementation, healthcare coverage, employee benefits, the new pharma value proposition, increased consumerism, BYOD and medical device excise tax are highlighted among key issues
NEW YORK, Jan. 9, 2013 /PRNewswire/ -- As the health industry undertakes a full transition to meet requirements of the Affordable Care Act (ACA) and to prepare for a shift in market dynamics, PwC's Health Research Institute (HRI) today published its annual list of the Top Health Industry Issues for 2013. According to PwC US, the pace is certain to quicken in 2013 with the effects of technology, consumerism, budgetary pressures and the ACA converging on a sector that represents nearly one-fifth of the economy.
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"Health organizations can hear the thundering footsteps of 30 million newly insured Americans on the horizon. Yet they are feeling the full force and impact of federal spending cuts and pressure from states, employers and consumers to operate more like a consumer-focused, retail industry," said Kelly Barnes, PwC's U.S. Health Industries Leader. "By this time next year, the major provisions of the health reform law will be in effect, and the health industry has a lot of work to do before then. It's now a foot race to 2014. The evolution of healthcare that has been in effect over the past several years will become a full-scale transformation in 2013."
HRI has identified the following ten issues as the top focus for the health industry in the year ahead:
1. |
States on the frontlines of Affordable Care Act implementation |
2. |
Consumer revolution in health coverage |
3. |
Medtech industry braces for excise tax impact |
4. |
Caring for the nation's most vulnerable: dual eligibles |
5. |
Bring your own mobile device: convenience at a cost |
6. |
Goodbye cost reduction, hello transformation |
7. |
Customer ratings hit the pocketbooks of healthcare companies |
8. |
Meeting the new expectations of pharma value |
9. |
Bigger than benefits: employers rethink their role in healthcare |
10. |
The building blocks of population health management |
The list is informed by HRI research and the collective input of PwC's Health Industries professionals who work with hospitals, physician groups, pharmaceutical and medical device companies and employers. For this year's report, HRI also conducted a poll of 1,000 U.S. consumers on a range of healthcare topics covered in the report. The report provides further analysis of the top issues for 2013 and outlines implications for key stakeholders. To download the full report, visit: www.pwc.com/us/tophealthissues.
About PwC's Health Research Institute (HRI)
PwC's Health Research Institute provides new intelligence, perspectives and analysis on trends affecting health-related industries. HRI helps executive decision makers navigate change through primary research and collaborative exchange. Our views are shaped by a network of professionals with executive and day-to-day experience in the health industry. HRI research is not sponsored by businesses, government, or other institutions. For more information, visit: www.pwc.com/hri.
About PwC's Health Industries Group
PwC's Health Industries Group is a leading advisor to public and private organizations across the health industries, including healthcare providers, pharmaceuticals, health and life sciences, payers, employers, academic institutions and non-health organizations with significant presence in the health market. For more information, follow PwC Health Industries at @PwCHealth or visit www.pwc.com/us/healthindustries.
About PwC US
PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms in 158 countries with more than 180,000 people. We're committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com/US.
Learn more about PwC by following us online: @PwC_LLP, YouTube, LinkedIn, Facebook and Google +.
© 2013 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.
SOURCE PwC US
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