The Healthcare industry have long been confronted with extreme revenue pressures and profitability erosion. This destructive direction is expected to continue in 2019 as spending increases are projected to be driven by the growing elderly population, new clinical and patient care technology, and rising labor and benefits costs. As health care costs increase though, affordability and insurance coverage remain problematic and a prime concern for industry executives.
Key challenges facing healthcare providers encompass:
In 2019, optimization and and monetization of healthcare resources empowered with technology-based solutions will represent key mission-critical decision-points for industry executives. Consequently, there will be a significant attraction to realize the recognized benefits of digital transformation to positively manage efficiency and effectiveness across the healthcare value chain. Supporting emerging technologies to ensure successful initiatives embrace: Artificial Intelligence, Bots, mobile, wearables, telehealth, Big Data analytics, and robotics.
"A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large."
Henry Ford
