Growth in outpatient care
According to the Deloitte study, aggregate hospital revenue from outpatient services grew from 30 percent in 1995 to 47 percent in 2016. The reason why medical procedures are moving into outpatient facilities, is mainly due to technological advances such as minimally invasive surgical procedures and value-based care incentives. Interestingly, it was found that hospitals with greater revenues from quality and value contracts provided more outpatient services than other hospitals. For instance, outpatient revenue was 18 percent higher for diseases of the circulatory system and 13 percent higher for diseases of the musculoskeletal system among hospitals with large incentives. These findings pinpoint how the healthcare is changing and that the outpatient clinics are being more used and accepted, especially for the circulatory and MSK system services.