Healthcare Providers and Services

Industry Overview

Healthcare Providers and Services

Responding to Challenges in Risk, Regulation and People

All organizations in the healthcare sector face a rapidly shifting risk and human capital landscape. From regulatory changes to litigation to difficulties in attracting and retaining talent, leaders across the industry seek agile and innovative solutions to protect and grow their people and businesses.

We partner with clients across the industry—for-profit and not-profit healthcare systems, hospitals, insurance firms, physician groups, and ambulatory care, managed care, senior care, and social care organizations—to help them provide effective, safe and high-quality value-based care by managing costs, mitigating risks, and building resilient workforces.

Top 5 Future Risks

Looking ahead to 2024, predicted risks for the healthcare providers and services industry include:

  • 01

    Cyber Attacks / Data Breach

    Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.

  • 02

    Workforce Shortage

    Skilled and unskilled labor shortages remain acute in many industries, even as more companies pursue layoffs.

  • 03

    Failure to Attract or Retain Top Talent

    Workforce expectations are shifting at an unprecedented rate, forcing organizations to rethink employee value propositions and total rewards programs.

  • 04

    Accelerated Rates of Change in Market Factors

    As risks become more complex and interconnected, organizations must find new ways to achieve operational and workforce resilience.

  • 05

    Business Interruption

    Previously, clients planned for isolated events. We now know business interruption can be systemic across an entire organization.

Facing a Worker Shortage, Healthcare Companies Focus on Digital Job Skills

As healthcare organizations digitalize their businesses and face global workforce shortages, our analysis find they are rapidly recruiting new talent with specific data skillsets.

Insights for HR

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