A new study estimates that more than five million American workers lost their insurance this spring, a number higher than those in any full year of insurance losses. The coronavirus pandemic stripped an estimated 5.4 million American workers of their health insurance between February and May, a stretch in which more adults became uninsured because of job losses than have ever lost coverage in a single year.
Over the past few months, Chicago-based CommonSpirit Health has used de-identified cellphone, public health and health system data to forecast COVID-19 surge trends nationwide. The 137-hospital health system's predictive modeling tools consider the COVID-19 infection rates and cell phone data to track how people travel outside of their communities as well as fixed data points, such as population and healthcare provider availability, to predict where the number of COVID-19 cases is likely to increase and decide where to allocate resources. The model generates outlook for about 75 percent of CommonSpirit's markets.
Healthcare delivery in the U.S. is big business: annual spending for hospitals, physicians, allied health professionals, post-acute services and the prescriptions and tests they order represents almost 80% of the $3.8 trillion we spend. They’re the insiders.
In recent months, outsiders (Walmart, Walgreens, and Anthem) have stepped up their investments in healthcare delivery.
The steep losses in volumes experienced by hospitals in the early days of the COVID-19 pandemic began to reverse in June, according to a newly released book from TransUnion Healthcare. The analysis from TransUnion of more than 500 hospitals across the U.S. also found outpatient volumes were down 7% during the week of June 21. That represented an 88% recovery of the volumes lost since the week of April 5.
When armed with transparent information, consumers are likely to make different decisions. These decisions include choosing a different provider, often considering reputation, quality, and costs. As consumers experience more information transparency across various industries, many expect more accessible, user-friendly data around healthcare. The result has left some entities struggling to keep up with rising expectations, while others have adjusted by lowering prices, improving quality of services, and focusing on patient experiences.