2015 Acute Care Market Report

2015 Acute Care Market Report

Executive Summary


Consumerism. Telehealth. Newly-Insured. These aren’t just buzzwords anymore. They have fast become a part of the healthcare lexicon. In a sea of change, acute care providers as well as suppliers are dealing with a substantial number of new issues. With almost half of all hospitals belonging to highly-integrated health systems, they are facing this evolution together with the physicians, payers, and other providers which make up HIHS.


Driving change from the consumer side are high-deductible health plans, newly-insured young adult workers, and the impact of consumerism or “shopping” for healthcare options. Overall healthcare spending is up as well, growing at a faster pace than the overall economy. These are key topics in 2015, as well as population health initiatives.


With the Affordable Care Act well into implementation, we look at some of the major components of the plan, progress to date, and the effects on providers. We explore Medicare reimbursement based on performance, Value-Based Purchasing benchmarks regarding outcomes, readmission penalties, and the effort to reduce healthcare-acquired infections. We also look at accountable care organizations, another component of the ACA.


With data from the Global Healthcare Exchange (GHX) Market Intelligence program, we provide statistics on overall growth in acute care sales as well as for top product categories by both dollars and units for the prior calendar year, as reported by distribution, and compare that to previous Market Report numbers. We also highlight key changes, such as the recent dollar growth in the category of electrosurgical, due to the introduction of new products.

Top Healthcare Trends in 2015: Consumerism Drives Change
Nearly Half of Hospitals Are Now in Highly-Integrated Healthcare Systems
Number of HIHS Rises in More Than Half of U.S
Majority of HIHS Are Regionally Focused
Community Hospitals: Admissions Fall While Outpatient Visits Increase
Hospital Per-Admission Cost Increase Following Significant Slowdown
Medicaid Increases; Medicare Leads Payer Mix
Hopsital Expenses Continue to Increase
General Surgery Tops Hospital Services
Privately-Insured Spending Increases; Use of Costly Services Declines
Enrollment in High-Deductible Health Plans Triples; Helps Drive Consumerism
Hospitals Make Fewer Purchases Via National GPOs; Self-Contracting Cited
As Likely Reason
Healthcare Spending Projected to See Highest Growth Rate Since 2008
Medical Inflation Outpaces Economic Growth
Inpatient Admissions Decline While Hospital Employment Grows
Mergers and Acquisitions More But Smaller Deals in 2014
Healthcare Spending Grows Among Employer-Covered Young Adults
Improving Population Health a Top Priority in 2015
Bundled Payments Show Early Signs of Success
Hospital Payments Increase Slightly; Tied More Closely to Performance
Hospital Value-Based Purchasing Program to Focus More on Outcomes, Efficiency
Hospital Readmission Penalties Continue to Grow, Impact Most Hospitals
National Infection Policy, Penalties are a Major Focus for Hospitals
Accountable Care Organizations Save More than $417 Million in Two Years
Outpatient Facilities and ASCs See Small Payment Increases, More Quality Measures
GHX Sales Overview and Market Share for 2014
GHX top 20 Acute Care Product Categories by Dollars
GHX top 20 Acute Care Product Categories by Units
GHX top 10 Growing Acute Care Market Product Categories from 2013 to 2014

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