From workforce costs to high patient volumes, providers face a variety of operational and financial challenges this year.
Health care industry outlook: Key takeaways
Health care continues to prioritize patient data security in an interoperable and growing industry.
M&A opportunities will be available as the health care ecosystem reorients itself.
Facing challenges ranging from the pandemic’s lingering impact to economic uncertainty, health care organizations continue to work toward new opportunities with the help of advanced technologies and growth strategies.
Health care trend #1: Financial challenges continue into 2023
Health care faces financial challenges
From workforce costs to high patient volumes, providers face a variety of operational and financial challenges this year.
Financial and operational challenges continue to affect the health care industry. Learn about the challenges and what leaders can consider doing to prepare for the future.
Health care trend #2: Focus is integral to safeguarding health data
As the industry moves toward further digitization of patient care and services, and grows with competition, health care organizations must strategize how to keep their patient data and operations secure from threats.
Focus is integral to safeguarding health data
Health care continues to prioritize patient data security in an interoperable and growing industry.
Health care trend #3: Deal flow will stabilize and improve as markets settle
Health care deal flow will stabilize and improve as markets settle
M&A opportunities will be available as the health care ecosystem reorients itself.
Higher interest rates translate to increased costs of capital, lower valuations for businesses, tighter lending standards and lower deal volume. Despite this environment, health care mergers and acquisitions are expected to remain strong through 2023.
RSM contributors
Subscribe to Health Care Leader Insights
Actionable insights to help health care industry leaders successfully navigate challenges and take advantage of opportunity.
