We’re amid a massive provider shortage, and it’s only getting worse. According to data from the Association of American Medical Colleges, the U.S. is on track to face a shortage of up to 124,000 physicians by 2034. As a result of being unable to access care, patients are pushing off routine health services. Neglected care comes with more complications down the line.
Studies have shown that preventative care decreases the incidence of disease and patient mortality, resulting in better care outcomes. Preventive medicine proactively identifies and treats acute ailments before they develop into severe or chronic conditions. By addressing health problems before they require emergency intervention, both patients and the health system save money and see better outcomes.
Value-based care makes care more affordable for patients while rewarding clinicians for improved care, and the industry recognizes the value. The Centers for Medicare & Medicaid Services has expanded Medicare Advantage through 2023 to make the shift, and digital health tools are crucial for support.