Topics
15 Covid-19 Forecasts Healthcare Leaders Must Get Right
1. People’s Covid-19 related Behavior
2. Government Response to Covid-19
3. Coronavirus Timeline
4. Economy
5. Patient Covid-19 related Volumes
6. Patient Non-Covid-19 Volumes
7. Patients' Behavior
- Delayed Care
- Avoided Care
8. Virtual Visits
- Virtual Care
9. Safety & Virtual Workforce
10. Patient Health & Acuity
- Delayed Care
- Avoided Care
11. Flu Season
12. Payer Mix
13. Emergency and Post- Emergency Reimbursements
14. Value-Based Care
15. Competitors
- Virtual Providers
- Digital First Providers
- Hybrid Providers
- Retail Health
- Digital Therapeutics
- Other
Virtual Providers
these are video visits with board-certified physicians and mental health providers
Digital First Providers
One Medical, Oak Street Health, Iora Health, ChenMed and VillageMD. While they represent a tiny fraction of physician services, so did Amazon when it started selling books.
Hybrid Providers
The hybrid providers are health insurance companies that are buying physician practices that include Optum Care (United Healthcare), CVS/Aetna, Humana (Conviva), a digital first hybrid Oscar. Optum Care now has 50,000 employed or affiliated physicians, 250 urgent care centers and 210 surgery centers.
Retail Health
- This is being led by massive investments by Walmart, CVS, Best Buy, Walgreens and Amazon. They are trying to make the physician visits easy and convenient.
Digital Therapeutics
These are new services that provide patients alternatives to traditional patient office visit models. They combine digital health (mobile app, devices, monitoring, symptom and coaching 'bots) with people through virtual coaching and even physician consults. They often focus on specific chronic conditions Lark Health, Livongo Health, Vida Health, Virta Health, lifestyle changes (Noom, Omada and behavioral health https://www.talkspace.com/ TalkSpace]. While Digital therapeutics do not provide comprehensive physician practice services, this could change in the future. If they establish long-term relationships with their patients, they can become formidable competitors to existing physician practices. Other
There are many more potential competitors that could play a role in the traditional patient-physician relationship. The companies stepping include pharmacy discount card company GoodRx offering physician visits. There are many innovative new models such as Heal which provides home visits with physician and nurse practitioners.