Healthcare CEOs: This decade's 10 most important change drivers

Care setting shifts, value-based arrangements and more proactive consumers are among the most important drivers of change that CEOs are watching this decade, according to a study from Deloitte.

For the study, the Deloitte Center for Health Solutions and the Monitor Deloitte Health Care Strategy practice interviewed CEOs with 25 health systems and six health plans. Deloitte researchers had one-on-one discussions with the CEOs, asking questions about change drivers, what success will look like, priorities and innovations, and what they're most concerned about. 

The CEOs said the shift in care settings, value-based payment arrangements and increasing consumer demands will have a major effect on their profit margins and traditional financial model in the coming decade, according to the study. Each of the CEOs runs a large healthcare organization, most of which have annual revenue of at least $1 billion.

Here is the full list of what change drivers leaders are watching, rated by the CEOs:

  1. Shift in care setting 
  2. Proactive consumers 
  3. Quality-based payment methods 
  4. Digital transformation
  5. Shift to Medicare and Medicaid 
  6. Workforce challenges 
  7. Competition from consumer tech 
  8. Private equity investment 
  9. Focus on prevention 
  10. Consolidation 

To view the full study, click here.

More articles on leadership and management:
Major insurers have donated $2.3M to Democratic candidates
Humana snags CMO of CMS
3 hospital execs on the best change they made in 2019

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months