“The New Healthcare C-Suite Agenda: 2024-2025” report surveyed more than 100 C-suite executives and focused on topics like digital tools, EMR optimization, patient publication, operations, and more. Of the respondents, 29% held a CEO title, 13% chief medical officer, 10% CFO, 10% CIO, 10% COO, 7% chief nursing officer, 6% chief quality officer, 3% chief strategy officer, and 2% chief digital innovation officer.
Here are some key findings from the report:
– For top strategic initiatives for executives, 57% said growing revenue, 55% said staff recruitment and retention, and 46% said reducing cost.
– Sixty percent of executives felt an economic recession is likely, with a whopping 81% expecting it to impact their organization negatively. In preparation, 52% of respondents said they’re reducing costs by improving efficiencies, with 42% reviewing suppliers to find where they can place limitations.
– Coming in at 60%, EMR optimization was the top technology initiative for executives. However, only 24% reported EMRs living up to vendors’ promises “very well,” and an even fewer 17% strongly agreed their existing EMR meets their requirements moving forward.
– Forty-five percent said integrating AI and clinical workflows led to data quality and accessibility improvements. Twenty percent of executives said this integration created regulatory and legal issues, and 71% felt it’s too early to tell if AI will lead to revenue or cost-savings.
– Up from 52% in 2022, 65% of executives said patient population health is worse than pre-pandemic levels.
– Regarding value-based contracts, 29% of respondents said they’re aggressively pursuing them, 52% are keeping existing levels, and 44% have over 20% of revenue in risk-based arrangements.
