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- Title
2024 Healthcare Industry Outlook.
- Authors
Zigrang, Todd; Bailey-Wheaton, Jessica
- Abstract
The 2024 Healthcare Industry Outlook provides an overview of the opportunities and challenges facing the healthcare industry. Despite workforce shortages and legislative obstacles, healthcare organizations anticipate growth and transformation through technological advancements. While major healthcare legislation was not passed in 2023, there is optimism for significant legislation in 2024. The integration of artificial intelligence (AI) in healthcare is expected to address issues such as patient wait times and staff burnout, resulting in improved customer experience and efficiency. However, concerns about AI's risks and regulatory scrutiny have led to the establishment of new standards and regulations. The article also discusses trends and challenges in the healthcare industry, including the potential impact of liability on AI implementation and projected workforce shortages in the US. It mentions the outlook for mergers and acquisitions in various healthcare sectors, such as hospitals, physician practices, ambulatory surgery centers, and behavioral health. Overall, the healthcare industry is expected to undergo transformative changes in the upcoming year.
- Subjects
HEALTH care industry; MEDICAID; GENERATIVE artificial intelligence; CAREER development; MEDICARE reimbursement; MEDICAL care; MANAGED care programs
- Publication
Value Examiner, 2024, p6
- ISSN
1094-3137
- Publication type
Article