GETTYSBURG, Pa. (July 28, 2019) – The market intelligence team at OPEN MINDS announced the top five health and human service news developments of the quarter with strategic implications in the complex consumer market space. Based on a comprehensive review of all the news stories from the second quarter of 2019 and an intensive strategic analysis, these are the top market trends:
- Payers are increasing their focus on social determinants of health—related news articles include: Medicare Advantage To Offer Supplemental Benefits For Social Determinants In 2020; UnitedHealthcare Expands Initiative To Use Diagnostic Codes To Capture Social Determinants Of Health; and AMA & UnitedHealthcare Partner To Propose New ICD-10 Codes To Identify & Address Social Determinants Of Health.
- The Centers for Medicare & Medicaid Services (CMS) is launching a health home model for children—check out the full story here: CMS To Launch Health Homes For Children With Medically Complex Conditions.
- CVS is expanding their HealthHUB model—read the full story here: CVS To Expand HealthHUB® Format To 1,500 Stores Nationwide By 2021.
- CMS has announced plans for a new value-based primary care initiative—read all the details here: CMS Announces ‘Primary Cares Initiative’ With Five New Value-Based Models.
- Health plans are continuing to expand through new acquisitions—check out these related news articles: Anthem To Acquire Beacon Health Options and Centene To Buy WellCare For $17.3 Billion.
The top five developments were discussed at a recent web briefing, The OPEN MINDS Big 5 – Developments From The Past Quarter That Could Reshape Your Strategy, which was open to all Elite OPEN MINDS Circle members. The recording and presentation deck are posted online and available to all Elite OPEN MINDS Circle members: www.openminds.com/market-intelligence/resources/the-open-minds-big-5-developments-from-the-past-quarter-that-could-reshape-your-strategy.
For a summary of the web briefing and a deep dive into these market trends, all OPEN MINDS Circle members can read the new article, Adjust Your Strategic Sails!, on the OPEN MINDS website at www.openminds.com/market-intelligence/executive-briefings/adjust-your-strategic-sails.
“I see these stories as having two primary themes: One, the push for ‘whole person’ approaches to care and, two, the integration/consolidation of organizations, functions, and financing. As we look ahead, I expect to see the continuation of these themes throughout 2019 and an escalation of the trends when we think about strategy planning for the next five years.” said OPEN MINDS chief executive officer Monica E. Oss. “I’m thrilled our team was able to share these important stories with our members and we look forward to our next web briefing, when we will highlight thee stories that have the biggest impact on provider organizations in the third quarter.”
The next OPEN MINDS Circle web briefing is scheduled for November 20, 2019 at 1:00 PM. Registration for the web briefing, The OPEN MINDS Big 5 – An Exclusive 3rd Quarter Web Briefing & Podcast, is open to all OPEN MINDS Circle Elite members. Register here: www.openminds.com/event/q3-big-5-elite-web-briefing.
Not an OPEN MINDS Elite member? Learn more about the OPEN MINDS Circle membership levels and upgrade easily online at: https://www.openminds.com/elite/.
ABOUT OPEN MINDS
OPEN MINDS is an award-winning information source, executive education provider, and business solutions firm specializing in the domains of health and human services serving consumers with chronic conditions and complex support needs. For thirty years, we’ve been pioneers for change – helping organizations implement the transformational business practices they need to succeed in an evolving market with new reimbursement, competition, policies and regulations.
OPEN MINDS is powered by a national team of experienced executives and subject matter experts with specific expertise and experience in nine key market areas – mental health, addictions, chronic conditions, autism and intellectual/developmental disabilities, long-term care, children’s services, social services, juvenile justice, and corrections health care. Our mission is to improve the quality of care for consumers with complex support needs by improving the effectiveness of those serving them – provider organizations, payer and insurance organizations, government agencies, pharmaceutical organizations, and technology firms. Learn more at www.openminds.com