Physician group calls for improved gender equity in medicine | Groups propose reimbursement model for doctors treating opioid abuse | Survey: Number of enrollees in HSAs, high-deductible plans up 8% to 21.8M
Compensation of physicians should be equitable and based on "comparable work at each stage of physicians' professional careers in accordance with their skills, knowledge, competencies, and expertise; and not based on characteristics of personal identity, including gender," according to the American College of Physicians' position paper published in the Annals of Internal Medicine. The ACP recommends conducting routine assessments of physician compensation arrangements, implementing universal access to medical and family leave policies, and increasing the number of women in practice, leadership and faculty positions.
The number of people who are enrolled in a health savings account and a high-deductible plan increased 8% from 20.2 million in 2016 to 21.8 million 2017, according to a survey released by AHIP. Data also showed a 9.2% growth in HSA and high-deductible plan enrollment rates among 45 plans that participated in both 2016 and 2017 surveys, and 85% of health insurance providers in 2017 offered tools designed to help members manage their health and finances.
PwC's Health Research Institute estimates that about 1.7 million people in 10 states could be affected by waiver requests to impose work requirements on Medicaid beneficiaries. The populations affected by the Medicaid work proposals represent almost $8 billion in annual medical expenditures, according to the report.
Deltek's Federal Health Information Technology Market report showed that the implementation of new EHR systems at the Departments of Defense and Veterans Affairs is a main IT-related factor contributing to an increase in federal health care spending, which is predicted to rise to $1.7 trillion in 2025 from $918 billion in 2015. Researchers also expect spending on federal health IT products and services provided by vendors to increase at a compound annual growth rate of 5.6% to $8.1 billion in 2023, compared with $6.1 billion in 2018.
An Altarum report found that national health spending grew by nearly 5% year-over-year to $3.6 trillion in February, fueled in part by growth in hospital spending, which rose from 2.7% in November to 4.3% in February. All major categories saw year-over-year spending growth, with nursing home care growing the fastest at 7.9%, and prescription drugs growing the slowest at 4.2%.
Health insurers and pharmacy benefits managers are increasingly merging with retailers in a vertical integration model to reduce costs, improve care coordination and increase revenue in the long term. However, some of the deals could face regulatory issues.
An increasingly connected world has brought new business opportunities, increased efficiency and consumer convenience. But it has also increased risk. 2017 saw many organizations suffer significant financial damage as a result of cyberattacks. As these attacks affect all areas of operation, cybersecurity is no longer simply an IT issue. How should the C-suite be preparing for cyberthreats? Read more.
Political violence risks are rising globally because of geopolitical tensions, a weakening of liberal democratic governance and the repercussive effects of chronic conflicts around the globe. For the third successive year, more country risk ratings have increased (17) than decreased (six). Aon's Risk Maps provide comprehensive insights into some of the most challenging risks facing firms operating worldwide, acting as an invaluable barometer for those seeking to understand and respond to the risks they face internationally. How do these findings affect your firm? Learn more.
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