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COVID-19 Pandemic has led to new Healthcare Reforms

Healthcare providers all over the world are reforming, remodeling their healthcare systems not only to fit the needs and demands of the COVID-19 pandemic but also to embrace the technological future. Advancements in analytics, big data, and digital transformation are causing the emergence of new players that provide these services. The health leaders should proactively collaborate with healthcare institutions to embrace the new healthcare ecosystem. Healthcare reforms include deep introspection, discussion, and remedial action. Mere outward modifications will not help.

Value-based Care

While several organizations have now adopted value-based care models, these efforts need to be strengthened and fine-tuned in each individual case through improved payer-provider cooperation, which means implementing new ways of operating and enhancing organizational agility. Cost-cutting might seem appealing when coping with the pandemic effect, but healthcare leaders should concentrate on longer-term strategic change instead.

Involvement of non-health companies

The pandemic has stimulated the growth of emerging formats of care delivery, the most noticeable of them being digital. The transition, however, goes beyond just virtual care and involves the growing presence of non-healthcare businesses, such as Amazon’s Walmart, for instance. First of all, leaders, Gallup says, should concentrate on attracting, maintaining, and cultivating top talent. Here the role of leadership and management is important.

Telehealth

The percentage of Americans using telehealth services has almost tripled in the last six months. This trend is and should continue to be encouraged at the government level, with some telehealth reinforcement programs already underway, as well as at the organizational level, with hospitals incorporating virtual treatment into their continuum of care.

Comprehensive health 

The pandemic is forcing the healthcare ecosystem to change and bring new Healthcare Reforms. New players, such as service suppliers that benefit from advances in analytics, big data, and digital transformation, are emerging in addition to conventional stakeholders, such as payers and providers. In this new, more diverse ecosystem, health leaders should welcome this transition and initiate proactive collaboration. Recently, the significance of collaboration pace has also been highlighted (protective gear supply is a prominent example here and extreme agility is needed for timely action.

 

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