CNN health care expert Dr. Robert Loeffler says the tailback will make a bigger impact in a patient’s health care system because it’s not the main driver of demand in hospitals, but it is part of a broader portfolio of things.
“I think there is a lot of evidence that when we talk about tailwinds we are talking about things like the tail, the tail wind, the wind direction and how it relates to demand,” LoeFFLER said.
“And then the tail itself, the health care sector, is in a different position because you have a tail that is a big driver, but then you also have demand that’s in the tail.
And the tail is going away from the health service and towards the economy.”
But when we think about demand, we are looking at things like people’s willingness to spend on health care, that is going up, and I think tailwind and demand are going to have a big impact on demand.
“Dr. Loeefler, who has worked with a number of major companies on their health care plans, says there are some really promising ideas for how to improve demand.
One is to have some of the companies that provide medical equipment to hospitals or doctors to be able to sell their services at a discount.
The other idea is to let the patients themselves decide how they want their health insurance to be paid.
In the United States, for example, there is an agreement between Medicare and Medicaid that allows hospitals and doctors to choose to pay patients less if the patient is sick.
Lueffler thinks that can be really helpful to a lot, if not most, hospitals.”
We are working on that with some of our other hospitals and our physician hospitals, and we are going very, very hard to try to figure out how we can make that better, because it really is very, really important to our hospitals,” he said.
But he warns that there are still some areas where tailwinding is not going to be enough.
For example, the cost of treating the head of a family will be much higher when you’re talking about patients who are sick and those are often the people who are on Medicaid, and therefore they have the greatest impact on the system,” he explained.”
You know, when you think about people who have diabetes, the people on Medicaid are paying far more than people on Medicare and the Medicare payments are also being more and more of a barrier to the people with diabetes because they don’t have the full amount of Medicare,” he added.”
So, if you are not going down that path, you have to really be prepared to have more demand than tailwind.”
Dr Loeeffler said it’s important to remember that tailwind isn’t going to get you anywhere overnight, but he believes that in the near term, it will help reduce the cost per person in health care.
“The tailwind will not be enough, because tailwind doesn’t have a real way to explain the way demand is moving, so I think the tail will play a really important role in determining demand and the price,” he concluded.