Mark E. Lutes, Chair of the firm’s Board of Directors and a Member of the Firm in the Health Care and Life Sciences practice, in the firm’s Washington, DC, office, was featured in MCOL ThoughtLeaders and discussed the question: “What specific trends or issues do you think will have the biggest impact on the business of healthcare in 2016?”
Following is an excerpt:
In 2016, the business of healthcare will continue to be impacted by “on grid” and “off grid” trends. Identifying three in each category will illustrate the breadth of the opportunities and the cross currents.
“On Grid” players will build networks of, or vertically integrate with, post-acute resources to manage value based pricing risks such as episode payments. Second, on-grid market participants will take stronger steps to integrate behavioral health capabilities both to step up to the challenges of actualizing mental health parity and to cost effectively manage populations where mental health comorbidities drive total health care costs. Third, providers will accelerate their interest in sponsoring plans to serve Medicare Advantage and managed Medicaid lives resulting in further Congressional support for the programs but also additional local innovation in care delivery and more holistic patient care to mitigate the cost impacts of social and other determinants of health expenditures.