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@ShahidNShah
@ShahidNShah
The Desire for Cost Savings Driving Key Trends in Healthcare Market
The healthcare market experienced substantial shifts during the pandemic, with patients reevaluating their care choices, favoring telehealth and postponing elective procedures. As patients return to in-person visits, patient care is normalizing. However, healthcare payers are focused on cost reduction to manage healthcare expenses and maintain competitiveness by keeping premiums low. This drive has led to significant changes, including the alignment of reimbursement with patient outcomes and the adoption of innovative technologies and service models to control healthcare spending.
Medigy Insights
The healthcare market witnessed notable transformations amid the pandemic, as patients reassessed their care preferences, favoring telehealth and deferring elective procedures. As patients gradually resume in-person visits, patient care is returning to normalcy. Nevertheless, healthcare payers are actively striving to reduce costs, ensuring competitiveness by maintaining affordable premiums. This endeavor has spurred significant changes, encompassing the alignment of reimbursement with patient outcomes and the adoption of pioneering technologies and service models to effectively manage healthcare expenditures.
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