Loading... Please wait...

Blog

Dentists Offices & Clinics Quarterly Update - Q3 2016

Posted

Challenge: US Adults not Seeking Dental Care

More US adults are putting off dental visits because of cost. Overall visits to private dental practices fell 9% between 2006 and 2012, with many adults seeking dental care at emergency centers and health clinics, according to Kaiser Health News. A growing number of low- and middle-income families report cost as a major barrier to dental care. Due to cost coverage gaps, even those with dental insurance don't seek care. Some 49% of adults with private coverage and 20% of adults with Medicaid or CHIP saw a dentist in a recent year, according to a study by the Kaiser Family Foundation. The Department of Health and Human Services (HHS) awarded $156 million in grants to some 420 US health centers this summer to address the demand for affordable dental care. This marks the first time the (HHS) Health Center Program targeted improvement to oral health services.

Industry Impact
The growing gap between dental care costs and insurance coverage are causing a growing number of adults to avoid visits to the dentist.

INDUSTRY INDICATORS

US consumer prices for medical care commodities, which may impact dentist operational costs for equipment and supplies, increased 3.6% in July 2016 compared to the same period in 2015.

US consumer prices for medical care services, an indicator of profitability for dentists offices and clinics, rose 4.1% in July 2016 compared to the same month in 2015.

US personal income, which drives consumer ability to pay for dental services, rose 2.7% in June 2016 compared to the same month in 2015.

Healthcare Sector Quarterly Update - Q4 2016

Trend: Hospital Ownership of Physician Practices Continues to Increase The number of US physician practices owned by hospitals is rising rapidly, as changes in medical payment systems prompt providers to seek efficiencies through new operational structures. Some 31,000 practices were acquired by hospital groups between 2012 and 2015, leading to an 86% jump in the number [...]

Read More »


Medical & Diagnostic Laboratories Quarterly Update - Q3 2016

Opportunity: Labs Provide Outreach at Employer Medical Clinics  On-site employee health clinics in the US are expanding in number and scope, and medical laboratories are gaining opportunities to provide outsourced diagnostic services to corporate clients. Many employers are creating health clinics within or near their offices to make medical care more accessible and affordable and less [...]

Read More »


Healthcare Sector Quarterly Update - Q3 2016

Trend: More Providers Switch to Value-Based Health Care Payments  While fee-for-service reimbursements are still the primary mode of payment for US health care providers, insurers are making progress on goals to switch over to value-based contracts. Value-based payment systems include quality incentives, accountable care models, network management, and bundled payments. The US Department of Health and [...]

Read More »


Physician Office Quarterly Update - Q3 2016

Trend: Physician Training Programs Look to Address State Shortages States experiencing alarming shortages of doctors are beefing up medical training and residency programs, hoping that physicians will be more likely to stay in the states where they train. Severe shortages are concentrated in southern states with many rural, low-income, and minority communities. Arkansas opened its second [...]

Read More »


Dentists Offices & Clinics Quarterly Update - Q4 2016

Coming Dec 2016. See Q3 2016 for most recent updates.

Read More »


Outpatient Surgical Centers Quarterly Update - Q3 2016

Trend: Ambulatory Surgery Centers Reduce Costs for Insured ASCs reduce the cost of outpatient surgery for commercially insured patients by $38 billion annually when compared to hospital outpatient departments, a recent study found. Use of an outpatient surgery center results in both reduced insurer payouts and lower out-of-pocket spending by consumers, according to the cost analysis [...]

Read More »


Medical & Diagnostic Laboratories Quarterly Update - Q4 2016

Coming Dec 2016. See Q3 2016 for most recent updates.

Read More »


Physician Office Quarterly Update - Q4 2016

Coming Dec 2016. See Q3 2016 for most recent updates.

Read More »


Outpatient Surgical Centers Quarterly Update - Q4 2016

Coming Dec 2016. See Q3 2016 for most recent updates.

Read More »