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January 2006

Top 10 issues for 2006 health industry

In a report issued by PricewaterhouseCoopers Health Research Institute, the rising costs of healthcare coverage and the implications of the Medicare drug plan are among the top 10 business issues for the health industries in 2006.

Also high on the list, according to the report, is the rise of consumer-directed healthcare and health savings accounts, pressure on pharmaceutical companies, and the urgent need to reduce medical errors and make investments in information technology, including electronic medical records. The top 10 issues are

  1. Medicare and the drug Medicare plan;
  2. Care and coverage of the uninsured;
  3. Rise of the healthcare consumer;
  4. Focus on prevention: Wellness is in, fat is out;
  5. Calls for patient safety to drive health IT investments;
  6. Diminishing drug pipeline;
  7. Pay for performance;
  8. Report card fever — public reporting of prices, error rates and safety standards, and charity care policies;
  9. Technology backbone — build a technology infrastructure to improve claims processing, create electronic medical records, reduce medical errors and track performance;
  10. Labor shortages

Source: PricewaterhouseCoopers, www.pwchealth.com

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