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State of the Healthcare Industry into 2024: The Rise of AI

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The healthcare industry has emerged from a unifying catastrophe into a time of chaotic instability everywhere we look. Poor patient health, declining clinical quality, and higher overall health spending form a concerning foundation. Healthcare leaders are rightfully anxious about changes and pressures that lie ahead, as regulators put the legacy industry business structures in their crosshairs. 

But rather than try to keep up with the unstable present, healthcare leaders must come to understand the seismic changes happening below the surface. Rapid advances in technology (especially AI) aren’t necessarily new, but recent accelerations in the workforce crisis and a new era of tech enablement gives the industry an opportunity to anticipate the future trajectory—and embrace new, elevated responsibilities to support the broader industry. Proactively making strategic bets on where margins will come from in the future—namely that care team roles will shift with new tech capabilities—will be a key component to success not just for leaders in hospitals and health systems, but for also leaders of vendor organizations looking to partner.  

Key takeaways: 

• Evaluate the market forces health system leaders and digital health vendors need to watch closely. Instability is everywhere you look, and we’re in the crosshairs. Poor performance across patient health, quality and spending, and impending disruptors mean health leaders are anxious about the pressures ahead and digital health organizations struggle to strike meaningful partnerships. 

• Explore how to actively prepare, instead of reacting to short-term shifts. The urgency of the present feels all-consuming. At the same time, the tectonic plates of healthcare are moving. The good news is all stakeholders can do more facing these shifting strategic paradigms than they can simply reacting to the unstable present and potentially compromising longer term impact. 

• Examine the changes in definitions and the associated impact. What is a tech enabled care team anyway? Gain insights on how successful healthcare leaders grapple with workforce challenges as AI becomes more popular.

Speaker:

  1. Rachel Woods, Vice president, national spokesperson and host, Radio Advisory podcast, Advisory Board

Advisory Board's State of the Healthcare Industry is the most up-to-date take on the strategic forces that really matter, and what they mean for provider, payer, life sciences and health technology. Our 200-person team continuously monitors developments to give leaders the most current information and insights. In this webinar you’ll get Advisory Board’s exclusive edition of the State of the Industry on the rise of AI and come to understand the seismic changes happening below the surface.

Speakers
Rachel Woods
Rachel Woods
Vice President, national spokesperson and host, Radio Advisory podcast @ Advisory Board
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Event has finished
September 18, 6:00 PM, GMT
Online
Organized by
HLTH Community
HLTH Community
Event has finished
September 18, 6:00 PM, GMT
Online
Organized by
HLTH Community
HLTH Community