Industry Analysis & Industry Trends
In recent years, the Specialist Doctors industry benefited from a rise in demand for its services, due to an aging population and the growing prevalence of chronic diseases. Moreover, industry growth was aided by improving access to healthcare insurance as a result of the Patient Protection and Affordable Care Act (PPACA). As a result, industry revenue is projected to grow over the five years to 2016, as healthcare reform enters its third year of full implementation. However, the effects of healthcare reform have ultimately proven to be mixed for the industry. With its emphasis on primary care, the PPACA has begun to move reimbursement under Medicare and Medicaid away from the traditional fee-for-service model... purchase to read more
Industry Report - Industry Analysis Chapter
The Specialist Doctors industry has been resilient recently, expanding throughout the past five years despite broad challenges across the economy early in the period. In 2016, industry revenue is expected to continue on this upward trajectory with a 4.1% increase to total $251.6 billion, representing annualized growth of 1.5% since 2011. Health insurance coverage is expected to continue rising as the state and federal exchanges established by the Patient Protection and Affordable Care Act (PPACA) enter a third year, generating greater demand for industry services.
However, the industry was not been completely immune to challenges... purchase to read more