We know private practice owners and their staff have enough going on to keep up with the latest reports, trends, and insights shaping our industry, so AdvancedMD is bringing the news to you.
Staying up to date on the latest healthcare reports, trends, and insights is important, but it’s hard to find the time in between caring for patients and running your business. To help you stay informed on the news reports, trends and insights impacting our industry, AdvancedMD has launched Vital Signs, a monthly newsletter highlighting the headlines that matter most to private practice owners, their staff, and patients.
The first issue of Vital Signs will be delivered to your inbox with a quick rundown of headlines from this month. We cover everything from AI’s impact on healthcare costs and outcomes, current burnout rates among healthcare workers, and health equity goals to ambulatory care job growth rates and a new ransomware scheme targeting healthcare organizations.
Our newsletter delivers the headlines like this delivered straight to your inbox:
- Medical Economics reports 71% of C-level healthcare executives surveyed by research firm Sage Growth Partners believe it is too early to tell if artificial intelligence integrations have directly resulted in reduced costs or improved revenue gains.
- According to a recent MGMA survey, only 15% of medical group owners are using predictive analytics to reduce no-show rates or improve scheduling capabilities.
- The Wall Street Journal reports more Americans will turn 65 this year than any other previous year in our nation’s history.
- Burnout rates in healthcare continue to climb, with 46% of healthcare workers saying they feel burned out—compared to only 32% in 2018, according to CDC data.
- Healthcare Dive reports healthcare jobs are growing at an exponential rate, especially within the ambulatory care space: The ambulatory care industry saw an average growth rate of more than 9%, adding an average of 26,700 jobs per month in 2023.
- Akira, a new ransomware scheme targeting the healthcare sector, has led to more than 80 cybersecurity incidents since it was first identified less than a year ago, reports Physicians Practice.
- After surveying 320 medical group owners, MGMA found that 60% do not have health equity goals in place.
- A report from PYMNTS.com revealed that using artificial intelligence to analyze patient data from wearable devices can yield up to a 23.8% improvement in predicting healthcare outcomes.
- Research covered by Healthcare Dive shows that the “No Surprises Act” that went into effect in January 2022 is working: The ratios of allowed to billed amount for in-network and out-of-network services crept closer together from 2019 to 2023, suggesting the amount paid by patients and payors for out-of-network services is getting closer to in-network costs.
Read Vital Signs wherever you get your email and the AdvancedMD blog to stay up to date on the news that matters most to your private practice.