As artificial intelligence (AI) evolves into a must-have technology in almost every industry, health care organizations continue to develop—and even accelerate—their AI strategies in 2020. In the 3rd Annual Optum Survey on AI in Health Care, 98% of executives across care provider, health plan, life sciences, and employer organizations indicated they currently have an AI strategy in place or are planning on creating one. Even during a trying time period, this optimism appears to be fueled by executives seeing more and more useful applications for AI for improving both health care outcomes and business performance.
Read the latest HealthLeaders Fact File to learn more about:
Consumer insights to help you stay ahead of health care cost trends.
Although organizations continue to make substantial progress in managing health care costs, there’s a fast-moving tailwind on the horizon: a significant increase in the number of people who are dealing with multiple chronic conditions.
By understanding more about these individuals and how they approach life, work and health care, we can better relate to and serve them.
Reigniting the Revenue Engine in the Post-Surge Environment
Health systems generate much of their revenue through elective procedures. When the COVID-19 pandemic escalated in March 2020, elective volumes declined rapidly and, in some markets, were shut down entirely. The financial impacts of this shutdown are felt throughout an organization; however, there are certain service lines hit harder than others.
Vizient clinical analytics data reported an aggregated 77% decline between February and April 2020 in the five service lines with the highest overall elective surgery volumes: orthopedics, oncology, general surgery, spinal surgery, and cardiac surgery.
Download this Fact File to see the data and learn more!