A Look Ahead: Major Industry Trends Our Healthcare Team Is Tracking – Healthcare
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Sheppard Mullin Richter & Hampton
Sheppard Mullin is a full service Global 100 firm with over 1,000 attorneys in 16 offices located in the United States, Europe and Asia. Since 1927, companies have turned to Sheppard Mullin to handle corporate and technology matters, high stakes litigation and complex financial transactions. In the US, the firm’s clients include more than half of the Fortune 100.
Leaders from across Sheppard Mullin’s national healthcare team gathered in Dana Point, California, for a day-long strategy session led by Co-Leaders, Eric Klein and Amanda Zablocki, to discuss the most impactful trends shaping the future of healthcare and how to best support our clients.
United States
Food, Drugs, Healthcare, Life Sciences
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Leaders from across Sheppard Mullin’s national healthcare
team gathered in Dana Point, California, for a day-long strategy
session led by Co-Leaders, Eric Klein and Amanda Zablocki, to discuss the most impactful
trends shaping the future of healthcare and how to best support our
clients.
We observed that the healthcare system in the United States is
facing unsustainable costs and yet it is also on the precipice of
incredible transformation. Sitting at the center of all this
turbulence is a legal, political, and regulatory landscape that is
poised for disruption.
In 2024, U.S. healthcare spending reached $5.3 trillion.It is
now projected to climb to $8.6 trillion by 2033, ultimately
accounting for more than a fifth of the GDP. We dissected the key
drivers of these costs and what we anticipate the healthcare
industry may do to address them:
Perhaps more interesting than the individual trends is the
interplay between healthcare trends (prevalence of disease,
effectiveness of interventions, longevity, comorbidity), supply
chain margin pressures, technological advancements, and continued
market concentration. The consensus is clear: success for clients
requires nuanced legal counsel informed by the full complexity of
industry and regulatory dynamics.
As always, we stand ready to help clients navigate the shifting
healthcare terrain, whether responding to cost pressures,
regulatory changes, technology adoption, or new models of care and
coverage.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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