More than 50% of health execs worry about this

Revenue growth, rising expenses and labor costs were among healthcare executives’ top concerns for 2019, according to a recent survey by JPMorgan Chase.

Advertisement

For the survey, JPMorgan interviewed healthcare executives from across the nation between Oct. 16, 2018, and Nov. 2, 2018.

Three findings:

1. More than half (52 percent) of those surveyed said revenue growth represented the biggest challenge for healthcare organizations, followed by rising expenses (38 percent), managing labor costs (37 percent) and regulatory requirements and changes (35 percent).

2. Sixty-one percent of executives said their biggest growth strategy at their organization is attracting new patients.

3. The most difficult role to fill at their organizations was physician jobs, 52 percent of respondents said, followed by nurses (46 percent) and other healthcare professionals (38 percent).

To access the full report, click here.

More articles on leadership:
Interim CEO of Florida hospital seeks to re-examine controversial admissions policy
Almost 50% of health execs not prepared for CEO’s departure, study finds
Trump appoints ex-White House physician as chief medical adviser

Advertisement

Next Up in Leadership & Management

  • President Donald Trump’s administration proposed significant updates Dec. 19 to healthcare price transparency rules to help make costs more “clear,…

  • Respiratory virus season is in full gear, with flu admissions rising quickly in recent weeks, according to the latest national…

  • Effective communication is the backbone of high-quality health care. Whether between clinicians and patients or among interdisciplinary teams, the ability…

Advertisement

Comments are closed.