The company surveyed 150 healthcare leaders from the vice president level and up. Eighty-five percent of respondents came from the C-suites of health providers, plans, employers, life science organizations and government agencies.
When asked what they consider the industry’s greatest challenges, nearly half of leaders mentioned growth. This is a result of the current economic environment, which is forcing organizations to take a defensive approach, according to Optum.
Here are the top challenges facing healthcare right now, as ranked by the industry’s decision-makers:
1. Growth — 49 percent of leaders mentioned this
2. System modernization — 39 percent
3. Workforce challenges — 35 percent
4. Lowering the total cost of care — 34 percent
5. Data security — 33 percent
6. Data and analytic insight — 32 percent
7. Financial sustainability — 31 percent
8 (tie). Reducing administrative spend — 29 percent
8 (tie). Emerging technology — 29 percent
10 (tie). Organizational agility — 27 percent
10 (tie). Price transparency — 27 percent
12. Evolving payment methods — 23 percent
13. Changing regulatory policy — 21 percent
14. New consumer expectations — 20 percent
15 (tie). Improving health equity — 17 percent
15 (tie). Access to care — 17 percent
15 (tie.). Evolving delivery methods — 17 percent
18 (tie). New market disruptors — 3 percent
18 (tie). Supply chain disruption — 3 percent
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
