Deloitte released the results of its 2005 Hospital CEO survey. The study, which is the consultancy's 10th, gives an interesting snapshot of healthcare industry trends. Two-thirds of CEOs report that Medicare billing accounts for more than 40 percent of their revenues, with the numbers expected to increase as the Medicare-eligible population grows. Many CEOs are worried that increased dependence on Medicare could lead to new challenges (translation: risk of government intervention). Tellingly, most CEOs expect technology to increasingly shift care to the outpatient setting--a trend that some feel could eventually reduce demand for acute care services.
Talking Points: Nearly all of the CEOs surveyed say they think technology will increase demand for specialty/high-end services and for products and technologies that allow self-diagnosis.
- see this article from UPI
- read the executive summary by Deloitte