The Macro-Trends in Healthcare and the Associated Career Opportunities in 2020

Group 3Amber Moses

Bintu SillahShivani Rana

Tatiana Bradley

University of Maryland University College

Introduction Current macro-trends in the healthcare

system are prompting the advancement and evolution of care, and are setting the stage for the future healthcare job market.

These trends include the economy, technological advancement, demographical variations, changes in lifestyles and habits, and mutant government policy.

These macro-trends that are now shaping the healthcare system will shape the employment landscape for healthcare professionals in the coming decades.

Healthcare accounts for 18% of the U.S. economy, twice as high as in other countries. Between 2010 and 2020, Healthcare occupations will increase from 0.1 million to 13.1 million jobs. There will be 5.6 million healthcare job openings between 2010 and 2020.

Emerging Macro-Trends in the U.S. Healthcare:● Economy ● Demographical variations ● Changes in lifestyles and habits● Technological advancements● Mutant Government Policies

Centers for Medicare and Medicaid Services, 2015

Overall Healthcare Economy Healthcare expenditures in the U.S. exceed $2 trillion a year Federal budget is $3 trillion a year National Health Expenditures are projected to rise to 18% of the economy by 2020

Contributing Factors Lower life expectancy and the high

incidence of chronic diseases in the U.S.

Difficulty obtaining, affording and receiving healthcare services.

High budgets consumed and insurance plans failing to receive enough embrace.

Career Opportunity : Health economist Link up business with health care Analyze fiscal budgets Formulate financial strategies Interpreting the implications of policy and healthcare budgets

Evaluates multiple types of financial information: costs, charges and expenditures

Demographical variations The number of aging individuals will double in the next few decades.

The aging population in the U.S. is continually increasing as the baby boomers are becoming older.

40% increase of those aged 65 or older by 2020

Berwick, Nolan & Whittington, 2008

Career Opportunity : Home healthcareDue to the increase in the aging

population, home health care will become a job opportunity in the healthcare industry.

They help senior citizens with everyday tasks (Bragg & Hansen, 2015).

Also a need for home healthcare administrators to coordinate the home healthcare.

Home healthcare administrators can make sure that necessary supplies are provided for the staff to take care of the patients, and file all necessary paperwork and insurance claims

Change in lifestyles and habits Increased cases of obesity The rise in chronic diseases like cancer, diabetes, sleep apnea, high blood pressure etc.

Obesity in United States Annual healthcare cost of nearly $200 billion on obesity

Accounts for over 21% of medical costs in the U.S. today

Weight -control Information Network, 2012

Contributing Factors

Affordable and equal access to nutritional foods,

especially among minorities Increased cost of fresh foods in low-

income neighborhoodsLow stocks of nutritional foods Increased habits like smoking and alcohol Lack of physical activity and tremendous

stress.

Career Opportunity: Public health educator and Health services managersPublic health educator:These individuals will teach people about behaviors

that promote wellness.They develop and implement strategies to improve

the health of individuals and communities.Health services managers:They ensure compliance to health and safety

regulations.They manage and coordinate health services for

clinics, departments, or hospital facilities.They will seek resolution and ways to keep cost

down.

Technological advancements

• Biotechnology and Genetic engineering• Wireless technology : Smart-phones and chip technology• e-Health technologies

Technological advancementsTechnological advances are indispensable

to people’s health and improved quality of life.

Technological advancements are encouraging and have increased efficiency of healthcare systems

Technological advancements offer a variety of job opportunities for both present and future healthcare professionals!

Career Opportunity: Health IT analysts

Analyze best technologies to integrate into healthcare systems

Develop programs to address public health needs

Analyze different modern health technologiesAnalyze the impacts of various technologies

on the healthcare organization

Mutant Government Policies and legislations

• The uninsured is one reason why healthcare costs in the United States are so high.

• The goal of the Affordable Care Act is to provide insurance to these uninsured citizens, thereby cutting down healthcare costs.

Affordable Care Act (ACA)ACA, the veterans’ plan, and other healthcare

policies generally hint at the future that awaits the industry with future changes anticipated.

The challenge of achieving and maintaining fair, accessible, and affordable health insurance seems unavoidable.

Career Opportunity: Health Policy Analysts

They work in collecting information, analyzing potential policies, evaluating the outcome of existing policies and sharing information with public and government officials.

They focus on public awareness on understanding the stipulations of health insurance and the importance of having coverage .

They make sure that every citizen in each state receives the health insurance that he or she needs.

More people covered = more jobs to service these people

References Berwick, D. M., Nolan, T. W., & Whittington, J. (2008). The triple aim:

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Bragg, E. J. & Hansen, J. C. (2015). Ensuring care for aging baby boomers: solutions at hand. Generations, 39(2), 91-98.

Centers for Medicare and Medicaid Services. (September 29th, 2014). NHE Factsheet. Retrieved from http://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-andReports/NationalHealthExpendData/ NHE-Fact-Sheet.html 

Crisp, N., & Chen, L. (2014). Global supply of health professionals. New England Journal of Medicine, 370(10), 950-957.

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Romanow, D., Cho, S., & Straub, D. (2012). Editor's comments: riding the wave: past trends and future directions for health IT research. MIS Quarterly,36 (3), III-A18.

Weight-control Information Network. (2012, October). Overweight and obesity statistics. Retrieved from http://www.win.niddk.nih.gov/statistics/

http://www.commonwealthfund.org/publications/blog/2011/sep/number-of-uninsured-in-united-states-grows

http://www.dailymail.co.uk/news/article-2205177/Obesity-predicted-60per-cent-THIRTEEN-states-2030.html

https://cew.georgetown.edu/cew-reports/healthcare/

http://www.census.gov/prod/2014pubs/p25-1140.pdf