Healthcare and Value-Based Care in 2023

JANUARY 4, 2023​ – If you are thinking about the business of healthcare and value-based care in 2023, this article by John Lynn at Healthcare IT Today will give you perspective on what industry leaders think. Jon Gautch, Sr. Vice President of Engineering at AristaMD gave his opinion:

As a result of physician turnover, increasing care demands, and the impending recession, we’ll likely see more healthcare organizations prioritize cost management in 2023. Curbing rising healthcare costs has always been top of mind for the healthcare industry. Yet the macroeconomic turbulence expected next year will force companies to take an even closer look at how to lower overall healthcare costs while continuing to move towards value-based care and improve patient/provider satisfaction.

The recession will leave many patients in a difficult financial situation, likely resulting in delayed medical bills and elective surgeries. Yet, once nonelective treatment becomes unavoidable, we’ll then see a quick uptick in patient care, causing a strain and financial burden on our health systems. The slowdown, followed by the quick boost in care, will drive pressures on health organizations to manage costs and preserve revenue.

I predict this will present even more opportunity and demand for telehealth solutions, like eConsults, in addition to technology that can automate labor-intensive tasks and streamline traditionally manual processes. It will be a critical year for healthcare organizations to reduce the cost of care across the healthcare spectrum while not sacrificing patient outcomes.

Hear what other IT leaders in the industry had to say about the topic.