Pandemic-Induced Healthcare Industry Innovation

Pandemic-Induced Healthcare Industry Innovation

While all organizations in the payer, provider, and healthcare solutions spaces have been dramatically tested and challenged by the past twelve months, it's been encouraging to hear from our clients that much transformational industry innovation has been spurred on by the pandemic.

Here are a few takeaways based on my conversations with hundreds of C-Suite healthcare executives:  

? Digital Health Took Center Stage -- the rapid pivot to telehealth & remote patient monitoring proved invaluable

? Big Data Emerged as an indispensable population health & chronic care management tool

? Accelerated Value Based Care Transformation softened the blow of reduced volume at many health systems

? Industry Consolidation Surged and M&A activity is likely to continue to increase post-pandemic

While some of the above activity may recede in the months ahead, it's clear that much of it will continue to be positively impactful well into the future. I'd appreciate your thoughts and perspectives on the above. Thanks, as always, for your time and consideration.

? Steve McGovern and Executive Search Insights, 2021. Unauthorized use and/or duplication of this material without express and written permission from this blog’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Steve McGovern and Executive Search Insights with appropriate and specific direction to the original content.

Disclaimer: The views and opinions expressed in these articles are solely those of the author. 



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