In our weekly Trends that Matter series, we provide engaging infographics from healthcare influencers to highlight general trends affecting the pharmaceutical industry. This week's featured topic is the state of the healthcare industry in 2017.
This year, experts predict that pharma will play a bigger role in delivering value-based care. At the same time, the healthcare industry will continue to become more consumer focused and will see be more collaborations between payers and providers. Health IT companies may experience higher standards and longer sales cycles. Pharma companies will also strive to be more innovative to stay competitive.
According to Terry Stone, Managing Partner of Health and Life Sciences at Oliver Wyman Health, healthcare consumers are demanding more transparency:
"Faced with even more 'skin in the game,' consumers will look for more transparency tools. Voluntary benefits, which can lessen financial exposure of HDHPs, may become more attractive; and private exchanges, which offer both transparency and total-risk protection, could see a bump."
In the graphic below, Oliver Wyman Health highlights more trends that will impact the healthcare industry this year: