Welcome to our site. We appreciate your visit.
In beginning the launch of our website, we give attention to the current state of affairs, and the future outlook, of healthcare.
PricewaterhouseCoopers’ (PwC) Health Research Institute (HRI) Report, called, “The New Gold Rush”, advises that seventy-six percent of Fortune 50 companies are in the health industry, or have health divisions.
HRI’s survey reflects that consumers are willing to spend $13.6 billion a year of their own money on healthcare services.
The HRI Report reflects that the health industry is seen as one of the few bright spots within a sluggish economy. The health market is big and is growing. New products and services are breaking out. The time is viewed as golden for health prospectors and innovators with a vision for healthcare. At the same time, the Report cautions that “the healthcare industry is not for the fainthearted. It is a highly regulated, complex industry, built on a system of third-party payments, and operates on principles foreign to companies that have succeeded in other industries. The organizations with the greatest potential for success will be those who understand the dynamics of the industry and identify the right niche where they can play a role in making the health system better”.
Recently, The President’s Council on Jobs and Competitiveness led a speaking engagement/discussion on workforce needs within the health sector. Those, also,
from the primarily traditional healthcare areas participated in the discussions. Recognition was given to the importance of a well trained healthcare workforce. The primary topics of discussion were closing skill and preparation gaps, transitioning people into health careers, developing career paths, building academic programs, building in-house training programs, being change ready, and continuing to build collaborative relationships between educational institutions and health employers.
The Center for Medicare and Medicaid Innovation (CMS) is awarding grants of $1 million to $30 million – to be spread over three years – from a pool of $1 billion, for the best ideas in enhancing care and saving money for those enrolled in Medicare, Medicaid and the Children’s Health Insurance Program (CHIP). There were approximately three thousand applicants. The CMS indicates that they are delaying the original March date for final decisions in order to allow adequate time for due diligence in selection.
The Program is under scrutiny regarding producing results.
Efforts to move towards higher quality care and providing a high performing workforce will go hand in hand.
-Health Research Institute HRI
-Center for Medicare and Medicaid Innovation CMS
-Public Transcript Wire (Lanham) March 5, 2012 (The President’s Council on Jobs and Competitiveness Holds a Discussion on Workforce Needs within the Health Care Sector)