10-Year Airline and Business Jet Pilot Demand Outlook
Regulatory shift toward Value-based Care
US Centers for Medicare and Medicaid Services' Hospital Acquired Conditions (HAC)
Uses quality of care as a performance metric
6 Quality Measures
1. Patient Safety Indicators 90 Composite
2. Central line bloodstream infections
3. Catheter-associated urinary infections.
4. Surgical site infections
5. Multi-resistant infections
6. Clostridium difficile infections
25% lowest performing US hospitals face penalties
=
FY17 1% payment cut
FY18 4% payment cut
=
FY19 6% payment cut
In FY17, lowest performing hospitals lost $430M USD in government reimbursements
In FY19, lowest performing hospitals will lose ~$3B USD in government reimbursements
Value-based Care is driving a greater adoption by US hospitals of
simulation-based training to improve the quality of care
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