Acute care providers face increasing pressure from payers to lower
readmissions, and a rising number of patients require post-acute care.
As a result, hospitals and acute care facilities are increasingly
working together. These partnership have tremendous potential as the
U.S. population ages, especially since the number of patients seeking
acute care is projected to grow from 8 million in 2012 to 27 million by
HIDA’s 2017 Post-Acute Market Report offers an in-depth look
at the post-acute care market, as well as factors affecting demand and
utilization. Among the key data points and trends gathered for this
Skilled nursing facilities and health systems anticipate collaboration, not consolidation
Neither health systems nor skilled nursing facilities (SNFs) anticipate
an uptick in hospital ownership of nursing facilities. SNF providers
report just 3% ownership by health systems and predict this figure will
fall to 2% in the future. Similarly, only 2% of health systems target
SNFs for acquisitions.
In lieu of outright acquisition, SNF providers expect to work more
closely with hospitals. More than 40% of SNF leaders believe they will
be the primary recipient of hospital discharges, and half of SNFs
anticipate future partnerships with hospitals.
Discharges from hospitals to post-acute facilities to jump by over 60%
Discharges to post-acute facilities from hospitals and health systems
are expected to rise from 5 million to over 8 million in 2035. Penalties
for hospital readmissions, along with new payment models that promote
coordination (such as within accountable care organizations), contribute
to post-acute providers’ collaboration with hospitals.
Patients aged 75 to 84 currently make up the largest segment of acute
discharges to post-acute settings. Patients 85 and older are a close
second, and this segment is projected to grow substantially faster than
the 65-75 and under-64 segments.
Medicare to remain largest SNF payer through 2021
Medicare paid $40 billion to SNFs in 2016 and this figure is projected
to reach $50 billion by 2021, a 25% increase. By comparison,
out-of-pocket payments are expected to increase by 14%, while both
private insurance and Medicaid payments are expected to rise by 11%.
Growing demand a key topic at HIDA’s upcoming post-acute channel strategies conference
Provider, distributor, and manufacturer leaders will meet to
discuss these trends and others at HIDA’s upcoming Post-Acute Channel
Strategies Conference (May 1-2, Chicago IL). Topics on the conference
- Shifting settings for care
- Changing decision-makers amid reimbursement changes
- New provider needs as value-based payments take hold
- The impact of these shifts on manufacturer-distributor relationships
To learn more, or to register for this conference, please visit www.HIDA.org/PostAcuteChannelConference. And to purchase your copy of HIDA’s 2017 Post-Acute Market Report, visit www.HIDA.org/MarketReports.