Conditions are about to get very choppy for the healthcare industry in 2018 as new headwinds hit the U.S. medical economy.
After several years of growth thanks to the Affordable Care Act, growth slowed significantly for the U.S. medical economy in 2017. With the ACA tailwinds in the rear view and the addition of significant dis-enrollment from Medicaid, Hedgeye Healthcare analyst Tom Tobin sees things getting even worse in 2018.
“You look at all of these headwinds…and you arrive at this 2018 growth rate of just under one percent, which I don’t think is going to make the global community of providers – that make all their money in the United States – particularly happy,” he says in the video above.