Healthcare Trends Shaping 2025
Published on 24 February 2025 at 12:03

Managing Inflation And Rising Costs

Healthcare costs have been outpacing general inflation for decades, with medical care prices increasing by 121% since 2000. The Inflation Reduction Act has sought to address these challenges by introducing measures like prescription drug price negotiations, but cost pressures remain a central concern for providers and patients alike.

Organizations should consider adopting strategies such as:

• Transparent communication of pricing to build trust.

• Improving revenue cycle management to prevent financial losses.

• Expanding preventive care programs, which can mitigate the long-term costs of chronic disease management.

Insight Provided by: Forbes.com

https://www.forbes.com/councils/forbesbusinesscouncil/2025/01/14/healthcare-trends-shaping-2025-and-insights-for-industry-leaders/