Research and Markets: 2014 Acute Care Market Report

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/xqmtqh/2014_acute_care) has announced the addition of the "2014 Acute Care Market Report" report to their offering.

Key insurance expansion requirements of the Affordable Care Act (ACA) took effect on January 1, 2014 impacting many aspects of the acute care market.

Changes in Medicaid spending, readmissions penalties, Value-based Purchasing (VBP) and Accountable Care Organization (ACO) scoring are outlined in the 2014 Acute Care Market Report, with incoming priority trends highlighted, such as patient experience.

This report covers:

- Health Reform

- Key Topics

- Industry Data

- GHX Sales Data

Key Topics Covered:

Executive Summary

Health Reform:

- 26 states to expand Medicaid Program

- As of April, 2014, the Administration announced 7.5 million individuals have enrolled through the federal and state-based exchanges

- Value-based purchasing continues to grow; in 2013, 1,427 hospitals were penalized

- Hospitals in the top quartile of national infection rates trigger a 1% reduction of their total Medicare reimbursement

- Patient experience ranked top priority at most hospitals for the next three years

- 2,225 hospitals penalized for readmissions an average of 0.38% in 2013

- Hospital outpatient services and ambulatory surgery centers receive, on average, a 1.7% payment increase in CY2014

- Accountable Care Organizations save over $380 million since 2012

Key Topics:

- Top healthcare trends in 2014

- Healthcare spending grows at 3.8% average annual rate since 2010

- Medical cost inflation projected to be lower in 2014 than in 2013

- Merger and acquisition activity in 2013 down by 8%, deal value up by 14%

- Outpatient market forecast to grow 17% through 2023

- Patients are becoming more active consumers

- Newly insured patients increase utilization up to 2.1%

- Health systems target primary care physicians for acquisition

- Two-midnight rule delayed in 2014: Congress says CMS can't enforce until March 31, 2015

- 20% of healthcare providers to become payers by 2018

- Nearly $23 billion of meaningful use incentive payments distributed since 2011

- FDA issues final rule on UDI system in 2013

Industry Data:

- Key hospital data at a glance

- Emergency and outpatient care were the most offered hospital services in 2012

- Hospital expenses increased over 7% in 2012

- HHS reveals first look at price comparison data for hospitals

- Chronic illness increases as population ages

GHX Sales Data:

- Sales overview and market share

- Top 20 acute care market product categories: 2013 vs. 2012 sales (in dollars)

- Top 20 acute care market product categories: 2013 vs. 2012 sales (in units)

- Top 10 growing acute market product categories 2013 vs. 2012 sales (in dollars and units)

For more information visit http://www.researchandmarkets.com/research/xqmtqh/2014_acute_care

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Healthcare and Medical Devices

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Healthcare and Medical Devices