HealthcarePractice2024healthsystemsoutlook:AhostofchallengesaheadHealthsystemsmayfaceachallengingyearahead,withincreasingcompetitionfromnontraditionalplayers,workforceshortages,anddemandsfornewcapabilities.However,thesechallengesalsopresentopportunitiesforleaderstofocusonresilience,findefficiencies,andtakeamultileverapproachtogrowth.byRupalMalaniDecember2023AshealthsystemsemergefromtheCOVID-19Healthsystemsarealsocloselymonitoringpandemic,theirfocushasshiftedfromnear-termregulatoryissues,includingpricetransparencychallengessuchasdemandfluctuationstolonger-requirementsandthedirectionofinitiativessuchastermimplications:anaccelerationofseculartrendstheUSgovernment’s340Bdrugprogram.leadingtoexpensesexceedingrevenue.Healthsystemrevenuerose12.5percentfrom2021toHowhealthcareprovidersareresponding2022asoperatingexpensesrose17.2percentintheOverthepastfewyears,healthsystemshavesameperiod,accordingtoanS&PGlobalanalysis.focusedonmanagingthepandemic.AsthedemandThisimbalancestemsfromseveralindustrytrendsonhealthsystemsfromthepandemicsubsides,thatareputtingpressureoninpatientutilizationandfinancialperformanceofplayersisdiverging.reimbursement,drivinguplaborcosts,andrequiringThosethatareseeingmarkedimprovementinacquisitionofnewcapabilities.performancearetightlyfocusedonresilience,includingfindingefficienciesandtakingaKeytren...
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