State of the Dental Market Outlook 2016 Thank you for joining! You will be on hold until the meeting starts at 12:00 pm CT If you aren’t currently connected by phone, dial If prompted, enter meeting number: Marko Vujicic, PhD Chief Economist & Vice President Health Policy Institute
© 2015 American Dental Association. All Rights Reserved. 2 Health Policy Institute
© 2015 American Dental Association. All Rights Reserved. 3 Some Trendlines…
© 2015 American Dental Association. All Rights Reserved. 4 Dental Spending
© 2015 American Dental Association. All Rights Reserved. 5 Dental Spending
© 2015 American Dental Association. All Rights Reserved. 6 Dental Care Utilization
© 2015 American Dental Association. All Rights Reserved. 7 Dental Care Utilization
© 2015 American Dental Association. All Rights Reserved. 8 Dental Care Utilization
© 2015 American Dental Association. All Rights Reserved. 9 Dental Care Utilization
© 2015 American Dental Association. All Rights Reserved. 10 Dental Care Utilization
© 2015 American Dental Association. All Rights Reserved. 11 Dental Care Utilization
© 2015 American Dental Association. All Rights Reserved. 12 Dental Care Utilization
© 2015 American Dental Association. All Rights Reserved. 13 Dental Care Utilization
© 2015 American Dental Association. All Rights Reserved. 14 Dental Benefits Coverage
© 2015 American Dental Association. All Rights Reserved. 15 Dental Benefits Coverage
© 2015 American Dental Association. All Rights Reserved. 16 Dental Benefits Coverage
© 2015 American Dental Association. All Rights Reserved. 17 Dental Benefits Coverage
© 2015 American Dental Association. All Rights Reserved. 18 Cost Barriers to Dental Care
© 2015 American Dental Association. All Rights Reserved. 19 Cost Barriers to Dental Care
© 2015 American Dental Association. All Rights Reserved. 20 Dentist Earnings
© 2015 American Dental Association. All Rights Reserved. 21 Dentist Earnings
© 2015 American Dental Association. All Rights Reserved. 22 Dentist Earnings
© 2015 American Dental Association. All Rights Reserved. 23 Reimbursement
© 2015 American Dental Association. All Rights Reserved. 24 Looking to the Future…5 Trends 1.The value agenda 2.Increased consumerism 3.Shifting coverage patterns 4.Increased collaboration 5.A data revolution
© 2016 American Dental Association. All Rights Reserved. 25 #1 – The Value Agenda Provider CentricFOCUSPatient Centric/Consumer Value Blind Reimbursement VALUE Value-based Reimbursement and Accountability Episodic Fragmented CarePATIENT FLOW Continuous and Coordinated Inpatient-Focused DELIVERY SETTING Ambulatory/Office/Home focused Individuals APPROACHPopulation Based Disease and Treatment OBJECTIVEHealth/Wellness Prevention A View of the Changing Landscape Source: Dowling M. The Journey to Excellence. AHRQ Webinar. July 16, 2010 qtd. In Glassman P. Oral Health Quality Improvement in the Era of Accountability. Pacific Center for Special Care FromTo
© 2016 American Dental Association. All Rights Reserved. 26 #1 – The Value Agenda
© 2015 American Dental Association. All Rights Reserved. 27 #2 – Increased Consumerism
© 2015 American Dental Association. All Rights Reserved. 28 #2 – Increased Consumerism
© 2016 American Dental Association. All Rights Reserved. 29 #2 – Increased Consumerism
© 2016 American Dental Association. All Rights Reserved. 30 #3 – Shifting Coverage Patterns
© 2016 American Dental Association. All Rights Reserved. 31 #4 – Increased Collaboration
© 2016 American Dental Association. All Rights Reserved. 32 #5 – A Data Revolution The next big thing to hit medical care will be new ways of accumulating, processing, and applying data— revolutionizing medical care the same way Billy Beane and his minions turned baseball into “moneyball”.
© 2016 American Dental Association. All Rights Reserved. 33 #5 – A Data Revolution Giving connected toothbrushes to patients makes all the sense in the world. Knowing they brush their teeth regularly means they are less likely to develop cavities and other issues associated with higher cost. Insurers and providers might even be able to promote more brushing or even flossing using incentives from the app associated with the connected toothbrush. Fortune Magazine
© 2015 American Dental Association. All Rights Reserved. 34 Thank You! ada.org/hpi