COVID shifts dynamics in healthcare
In this McKinsey & Co. article you'll learn about:
- Two years of the COVID-19 pandemic have shifted the dynamics in the US healthcare value chain. The years from 2020 through 2021 were challenging for payers and providers.
- Prospects for the next few years seem favorable, although persistent inflation could dent the outlook. The post-2021 recovery and shifts in profit pools are likely to be driven by several factors.
- Hospitals' share of overall provider revenue could decline from about 47 percent in 2019 to 43 percent in 2025. Shifts in sites of care have accelerated the movement of care from high-cost acute and post-acute sites to lower-cost freestanding and nontraditional sites.