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McKinsey Report on the Future of US Healthcare Profits.
Consulting firm McKinsey has released a report entitled "The Future of US Healthcare."
The report focuses on 4 areas of future profits for healthcare companies in 2025:
1) Insurance Carriers - $57B in annual profit from growth in the Government Programs of Medicare Advantage and Managed Medicaid.
2) Pharmacy Services/PBMs - $62B in annual profit from growth in specialty pharmacy and infusions.
3) Services and Software - $68B in annual profit from growth in revenue cycle and software.
4) Providers - $326B from growth in outpatient services.
These 4 areas total $513B in healthcare profit per year by 2025. That's $1,545 in profit for every person in America.
Interestingly, these future profit areas are exactly the strategic focus of UnitedHealth Group... which is so big, it essentially IS the US Healthcare System.
Either McKinsey is parroting United's strategy or United is following McKinsey strategy. Who knows?!
Sources:
www.mckinsey.com/industries/h...
www.forbes.com/sites/brucejap...
www.synchronybank.com/blog/me....
www.drugchannels.net/2021/08/...
www.beckerspayer.com/payer/me....
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