In the News: March 2–8

Sg2 is dedicated to helping our clients interpret the latest news and trends in health care. Below you’ll find our analysis of this week’s key industry headlines, along with links to related Sg2 resources.

Colorectal Cancer Screening Rates Nearly Double, Yet Opportunities for Improvement Remain

According to a recent CDC report, colorectal cancer screening rates nearly doubled (62%), breast cancer screening remained stable (72%) and cervical cancer screening slightly declined (83%) from 2000 to 2015. The authors noted that the latest rates are lower than the Healthy People 2020 screening rate goals of 70.5% for colorectal cancer, 81.1% for breast cancer and 93.0% for cervical cancer.

Regardless of the approach, cancer programs need to maintain control of the entire care continuum—from developing robust screening programs to integrating survivorship and end-of-life care. Sg2’s Resource Kit: Growing Your Cancer Service Line offers our intelligence, on-demand webinars, technology guides and powerful expert insights to help you quantify and pursue growth opportunities for your cancer program.

Nearly Half of Nurses Consider Changing Careers as Nationwide Shortage Looms

Heavy workloads and disrespect from peers are some of the many challenges nurses across the nation continue to face. A recent study conducted by RNnetwork found that nearly half the nurses surveyed were considering leaving the profession due to stressors such as poor work-life balance, disrespect among colleagues and insufficient compensation. Meanwhile, the US Bureau of Labor Statistics projects 1 million vacancies for registered nurses between 2012 and 2022.

Shortages among health care providers will continue to climb in the coming years, and health care organizations will need to stay abreast of the factors influencing these trends. Sg2 resources can help you proactively prepare for upcoming changes in your workforce. To learn more, check out:

Diabetes Intervention Program Reduces Health Care Spending and Utilization

A recent Health Affairs study found that the YMCA of the USA’s diabetes prevention program reduced both Medicare spending and inpatient and ED utilization. The YMCA received a CMS innovation grant in 2012 to create a nationwide diabetes model targeting prediabetic Medicare beneficiaries. The program led to significant cost savings (an estimated $278 per member per quarter) and reduced health care utilization (9 fewer inpatient admissions and 9 fewer ED visits per 1,000 participants per quarter.) Due to its success, CMS has proposed program expansion as the Medicare Diabetes Prevention Program. Payment for program services is anticipated to begin January 1, 2018.

With over 80 million Americans considered prediabetic, diabetes prevention efforts are essential. Sg2 believes that a population health approach to managing prediabetes will significantly reduce costs and incidence of type 2 diabetes. To learn more, read Sg2’s 2016 Medicine Forecast.

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As of February 11, 2016, Vizient, Inc. has completed its purchase of MedAssets Sg2 and spend and clinical resource management segments from Pamplona Capital Management, LLC. MedAssets revenue cycle business will continue to operate as a wholly-owned subsidiary of Pamplona Capital Management LLP.

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