Five ways Millennials are Changing the Healthcare Industry

Five ways Millennials are Changing the Healthcare Industry

The Millennial generation is a force to be reckoned with. We all know that the Baby Boomer generation changed how the world worked, and Millennials are doing likewise. One area they are starting to change is healthcare.

There are 83.1 million Millennials in the United States today, those born between 1982 and 2000, according to the U.S. Census Bureau. That’s nearly 8 million more souls than the 75.4 million Baby Boomers alive today. Millennials represent a quarter of the total U.S. population, and they will account for more than $1.4 trillion in spending per year by 2020.

Just like the Baby Boom generation before it, this cohort of young people carries influence. In the healthcare space, they are prompting greater emphasis on technology, faster delivery of care, telemedicine adoption, a fee-for-outcome model, and a shift toward consumer-oriented service.

Read “Five ways Millennials are changing the healthcare industry” by clicking  Becker’s Hospital Review

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