Webinar on FH® Healthcare Indicators and FH® Medical Price Index 2023
March 16, 2023
On April 19, 2023, at 1 pm ET, FAIR Health President Robin Gelburd will host a free, 45-minute webinar entitled “FH® Healthcare Indicators and FH® Medical Price Index: Providing Clarity in a Rapidly Changing Healthcare Environment.”
The webinar will highlight the sixth annual edition of FAIR Health’s valued measures for deriving insights from healthcare data: FH Healthcare Indicators and FH Medical Price Index. Drawing on the independent nonprofit’s national database of billions of privately insured healthcare claims—the largest in the country—these two measures apply different approaches to illuminate different aspects of the national healthcare sector. Both will be presented in a white paper to be released on March 31, 2023, FH® Healthcare Indicators and FH® Medical Price Index 2023: An Annual View of Place of Service Trends and Medical Pricing. All findings have been updated to keep pace with a year of change.
FH Healthcare Indicators analyzes telehealth and other venues of care for trends and patterns in utilization, geographic and demographic factors, diagnoses, procedures and costs. FH Medical Price Index tracks median charges and allowed amounts associated with six procedure categories: professional evaluation and management (E&M), hospital E&M, medicine, surgery, pathology and laboratory, and radiology.
Among the findings to be released in the white paper and discussed in the webinar:
- From 2020 to 2021, the second year of the COVID-19 pandemic, telehealth utilization declined 76 percent nationally. National telehealth utilization grew 5,017 percent nationally from 2016 to 2021, which was a high rate of growth due in large part to widespread limits on in-office services imposed at the start of the COVID-19 pandemic in 2020.
- Of all other places of service studied for changes in utilization from 2020 to 2021, utilization increased the most in retail clinics (51 percent). In that period, utilization increased 14 percent in urgent care centers and decreased 7 percent in ASCs and 15 percent in ERs.
- Of the six procedure categories studied, hospital E&Ms had the greatest percent increase in charge amount index, six percent. The allowed amount index for hospital E&Ms increased three percent.
To learn more, click here to register for FAIR Health’s free webinar.