Most Feel Unprepared for Changes in Healthcare

July 16th, 2009 by Sean Khozin, MD, MPH Categories: Health Policy, Innovation, Pharma/Biotech No Responses

A recent survey of 367 healthcare executives–representing payers, providers, and pharmaceutical companies–suggests that most of them are not prepared for the changing economic conditions and the evolving prospects for reform:

Only 30 percent of executives representing the health care industry in the United States say their companies are ready for reform and changing economic conditions… 76 percent say the impact of reform on the industry will be significant, and 54 percent say the same about the effects of the current economic crisis.

This report also found that those who feel prepared are the onesĀ  that “drive innovation in a wider range of areas, including product design, customer service, and IT.”

Innovation and controlled experimentation are now necessary ingredients for healthcare organizations if they wish to survive, adapt, and truly prosper.