MGMA Week in Review: Healthcare Implications of Trump’s 2024 Presidential Election Victory
Download MP3Introduction: Welcome to this special edition of the MGMA Week in Review podcast. Host Daniel Williams covers the 2024 presidential election results and their potential impact on healthcare. Please note this episode was recorded on the afternoon of November 6, and the numbers shared may have changed by the time you listen to this recording. Daniel takes you through the key points from a Becker's Hospital Review article that explores the implications of Donald Trump’s victory for healthcare leaders.
Episode Highlights:
1. Trump Secures the Presidency by Winning Key Battleground States
- As of November 6, Trump surpassed the 270 electoral votes needed to win, securing 277 votes to Kamala Harris's 224. Note: These numbers may have changed by the time you listen to this recording.
- Trump successfully reclaimed Wisconsin and Pennsylvania, states he had lost in the 2020 election.
2. Election Turnout and Voting Statistics
- Approximately 83.7 million early votes were cast nationwide, surpassing the turnout in 2020.
- Trump won over 71.7 million votes, while Harris earned more than 66.8 million as of November 6. These figures will have likely changed by the time of this recording’s release.
3. Trump's Victory Speech and Campaign Promises
- In a 25-minute address, Trump highlighted themes of unity and healing.
- He voiced strong support for House Speaker Mike Johnson and acknowledged Vice President-elect Harris.
4. Historical Context and Healthcare Implications
- Trump’s victory makes him the second U.S. president to win a non-consecutive term in office.
- The campaign season featured limited discussion on healthcare, including changes to the Affordable Care Act, positioning healthcare as a secondary issue.
5. Impact on Health Insurers and Abortion Legislation
- Health insurers experienced stock gains following Trump's victory announcement.
- Trump reiterated his stance on leaving abortion rights to individual states, aligning with previous policies.
Sources:
- Becker's Hospital Review article: "Trump Wins Election: Seven Notes for Healthcare Leaders"
- Associated Press (AP): election results
- NBC News: Early voting numbers
CareCredit
Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
