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Summary Project 2 Spring 2021 FINAL.docx UCSP 615 Trends in the Healthcare Industry University of Maryland Global Campus UCSP 615 MEMORANDUM TO: XXXXXXX FROM: xxxxxxxxxxx DATE: XXXXXXX Trends in the Healthcare Industry Given the global climate in health

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Project 2 Spring 2021 FINAL.docx UCSP 615 Trends in the Healthcare Industry University of Maryland Global Campus UCSP 615 MEMORANDUM TO: XXXXXXX FROM: xxxxxxxxxxx DATE: XXXXXXX Trends in the Healthcare Industry Given the global climate in healthcare a few important trends are emerging. The healthcare industry has always been focused on quality care, but until now it has never been so accessible. Telehealth has become the norm, and it is now being reimbursed by big payers (Mallow & Davis, 2020). Along with home healthcare, digital wearables are connecting providers with their patients in unprecedented ways. These modern practices are proving to be imperative for healthcare organizations to stay relevant with the rise of consumerism and the ability for patients to €œshop € for their medical services. Discussion of Three Trends Consumerism €œHealthcare consumerism is the appetite for and ability of members to

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UCSP 615

Trends in the Healthcare Industry


University of Maryland Global Campus

UCSP 615



MEMORANDUM


TO: XXXXXXX

FROM: xxxxxxxxxxx

DATE: XXXXXXX



Trends in the Healthcare Industry


Given the global climate in healthcare a few important trends are emerging. The

healthcare industry has always been focused on quality care, but until now it has never been so

accessible. Telehealth has become the norm, and it is now being reimbursed by big payers

(Mallow & Davis, 2020). Along with home healthcare, digital wearables are connecting

providers with their patients in unprecedented ways. These modern practices are proving to be

imperative for healthcare organizations to stay relevant with the rise of consumerism and the

ability for patients to “shop” for their medical services.


Discussion of Three Trends


Consumerism


“Healthcare consumerism is the appetite for and ability of members to make informed,

personal decisions about care based on details like quality, price and convenience” (Elmer,

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