The once-in-a-century pandemic thrust the healthcare industry into the teeth of the storm, McKinsey & Company reports. The combination of accelerating affordability challenges, access issues exacerbated by clinical-staff shortages and COVID-19, and limited population-wide progress on outcomes is ominous. This gathering storm has the potential to reorder the healthcare industry and put nearly half of the profit pools at risk. Those who thrive will tap into the $1 trillion of improvement available by redesigning their organizations for speed-accelerating productivity improvements, reshaping their portfolio, innovating new business models to refashion care, and reallocating constrained resources. Read more.
Related Posts
HCA Faces Class Action Lawsuit After Data Breach Potentially Impacting 11M People
The suit, filed in Tennessee District Court, alleges the Nashville-based health system failed to protect patient data — including names, contact information, addresses and appointment information — putting them at a “lifetime risk” of identity theft.
July 17, 2023
Healthcare M&A: 12 Questions Private Equity Firms Should Ask When Negotiating the Purchase of a Physician Practice
With the consistent cash flows and growth potential that primary care offices, dental offices, specialty practices and many other healthcare organizations provide, it’s no wonder that annual PE deal values in healthcare have tripled since 2010.
June 16, 2022
Healthcare Bankruptcy Spike Underscores Unique Vulnerabilities
In the first quarter of this year, 17 healthcare companies with more than $10 million in liabilities—ranging from a hospital to senior living centers to early stage pharmaceutical product developers—filed Chapter 11.
June 12, 2023
Is Amazon Primed to Take on a Bigger Role in Healthcare in 2022?
Amazon is poised to continue its 2022 expansion in more than just e-commerce sales.
January 21, 2022