Will the 2016

PRESIDENTIAL ELECTION

Have an Impact on Healthcare IT?

Peak 10’s annual National IT Trends in Healthcare Study highlighted the potential impact the 2016 Presidential Election could have on healthcare IT practices from both a Democratic and Republican perspective. 157 healthcare IT leaders participated, and the below insights represent their opinions.

Potential Causes for concern

Constant change within regulation is greatly impacting resource-strained IT departments. Reporting demands are also adding to the strain.

The verdict is still out on the Affordable Care Act (ACA). Meaningful Use Stage 3 was mentioned as having a more marked impact.

Upcoming elections are not causing major concerns overall. If the Republican candidate is elected, healthcare CIOs expect fewer regulations, but less funding. If the Democrat candidate is elected, additional regulations, more government funding and increased strain on resources is anticipated.

Potential Causes for concern

We asked survey participants which elected party they believed would cause the most positive and negative impact on the field. Here’s what they said:

  • 100%
  • 90%
  • 80%
  • 70%
  • 60%
  • 50%
  • 40%
  • 30%
  • 20%
  • 10%
  • 0%

    Party Expected to Cause Most Positive Impact

  • Republican
  • Democrat
  • Either
  • Not Sure
  • 100%
  • 90%
  • 80%
  • 70%
  • 60%
  • 50%
  • 40%
  • 30%
  • 20%
  • 10%
  • 0%

    Party Expected to Cause Most Negative Impact

  • Republican
  • Democrat
  • Either
  • Not Sure

“Politics do not matter. Consumers demand more access and transparency.”

(Executive Director at Health Plan Organization)

Perceived Positive Impacts

(as said by the respondents)

  • ACA will be repealed
  • There will be a push for more efficient processes and increased competition, which drives prices down
  • Fewer reporting requirements
  • Medicaid decrease
  • Alter Meaningful Use stage 3 and incentives for more IT innovation
  • Restructured Meaningful Use will be geared toward more efficient workflows for doctors, while continuing to improve the quality impact to patients
  • Will continue pushing for healthcare reform and invest in transitional programs
  • The Affordable Care Act will improve
  • Medicare incentives will be repealed
Perceived Negative Impacts

(as said by the respondents)

  • Spent a significant amount of money and resources to implement software to accommodate the Affordable Care Act, and a repeal would make the last five years a waste
  • ACA will be challenging to address for current patients
  • There will be more uninsured people and lower reimbursements
  • There is no viable alternative plan for the repeal of the ACA
  • The loss of ACA means less funds for CMS and research
  • Additional cuts to Medicare and Medicaid payments
  • More decreasing margins would squeeze already tight budgets
  • Additional free healthcare that has to be paid for
  • More regulations
  • Skyrocketing insurance costs
  • Lower reimbursement
  • More legislative controls and audits
  • Added demand for healthcare services, but no additional funding
  • Medicine will continue to be socialized

In essence, the Healthcare IT industry is worried that Republicans will dramatically cut funding for the ACA and other healthcare initiatives—and industry professionals are also worried that Democrats will continue to add paperwork, process and regulation, while increasing the cost of doing business without increasing compensation.

Interested in additional healthcare IT trends and resources? Peak 10’s 2nd National IT Trends in Healthcare Study produced a great deal of insight into the future of healthcare IT practice areas.

Visit the Peak 10 Industry Spotlight:
Healthcare IT website to find out more.