Philips’ Future Health Index 2022 report shows healthcare leaders are rebooting priorities as they emerge from the pandemic
June 08 2022 - 10:00AM
June 8, 2022
- Nearly 3,000 healthcare leaders across 15 countries reveal how
they are harnessing the power of data and digital technology to
address their biggest challenges
- Improving staff satisfaction and retention is a top priority
for healthcare leaders, today and three years from now
- One in five (22%) healthcare leaders use predictive analytics
for diagnostic guidance, with 68% agreeing predictive analytics can
have a positive impact on improving health inequality
- Report indicates challenges still exist, with 46% of healthcare
leaders viewing data as more of a burden than an asset
Amsterdam, The Netherlands – Royal Philips
(NYSE: PHG, AEX: PHIA), a global leader in health technology, today
announced the publication of its Future Health Index (FHI) 2022
report: ‘Healthcare hits reset: Priorities shift as healthcare
leaders navigate a changed world’. Now in its seventh year, the
Future Health Index 2022 report, based on proprietary research from
almost 3,000 respondents conducted across 15 countries, explores
how healthcare leaders are harnessing the power of data and digital
technology as they look to address their key challenges coming out
of the pandemic.
The 2022 report paints a picture of a sector that is radically
re-evaluating priorities as it strives to deliver improved patient
care. “As we emerge from the pandemic, healthcare leaders worldwide
are embarking on a reboot,” said Jan Kimpen, Chief Medical Officer,
Philips. “Many are refocusing on both new and existing priorities,
from addressing staff shortages and extending care delivery, to
leveraging big data and predictive analytics.”
Go to the report
Staff satisfaction and retention top the priority list
for healthcare leadersGlobally, around one in three
healthcare leaders (30%) say staff satisfaction and retention
combined is a top priority. However, what is driving this priority
differs from country to country. For example, in the USA and
Germany staff satisfaction and retention is driven by the 'great
resignation’. In India, the ever-increasing demand for more
healthcare professionals is the predominant driver. Across all
countries, healthcare leaders’ investments in digital technologies
will help to improve the staff experience.
While data is seen as an enabler, the potential of
predictive analytics remains unfulfilledHealthcare leaders
have confidence in predictive analytics with 71% trusting
predictive analytics in clinical settings, and 72% in operational
settings. Overall, healthcare leaders see the positive impact of
predictive analytics, particularly in health outcomes, patient
experience and staff experience, and more than half (56%) have
already adopted, or are in the process of adopting, predictive
analytics in some form. However, uptake remains uneven, with a
marked difference in adoption among developed and emerging
countries (65% vs 48%). The FHI 2022 research also indicates even
those who are furthest along in adoption of predictive analytics
are not leveraging the full potential of the technology.
Overcoming the barriers to effective data use is
crucial to gain widespread adoptionWhile confident in
the value of data, healthcare leaders remain frustrated by ongoing
barriers to effective data usage, including siloed data (51%) and
infrastructure limitations (23%). With cyberattacks increasingly
targeting the healthcare sector, one in five (21%) cite concerns
about data privacy and security as a top barrier to using data to
its full potential. They also say greater data security and privacy
systems and protocols are the top way to strengthen their trust in
predictive analytics in both clinical (38%) and operational (35%)
settings. Additionally, only 19% of healthcare leaders have all the
internal expertise they need to fully use the data they have
available, while 24% cite the availability of data specialists as a
top factor in helping to better utilize data. Despite seeing the
potential of data, as a result of these frustrations, nearly half
of healthcare leaders (48%) view data as more of a burden than an
asset today.
Leaders are fast-tracking social responsibility
The pandemic threw a spotlight on health inequality and healthcare
leaders are responding. One-quarter (25%) see addressing health
inequality as a priority today, compared to only 12% in
2021. Technology can play a part: two in three healthcare
leaders (68%) agree that predictive analytics can have a positive
impact on helping to reduce health disparities by providing fast
and accurate insights on risk scores to help identify more
vulnerable groups for proactive planning to help better manage
community health issues like disease outbreaks, cancer incidences
and more.
The 2022 report also sees healthcare leaders fast-tracking their
sustainability plans. In 2021, just 4% of healthcare leaders
worldwide were prioritizing environmental sustainability. This
figure has jumped to 24% today; a more than six-fold increase
year-over-year.
Since 2016, Philips has conducted original research to help
determine the readiness of countries to address global health
challenges and build efficient and effective health systems.
For details on the Future Health Index methodology and to access
the Future Health Index 2022 report in its entirety, visit our
site.
For further information, please contact:
Kathy O’ReillyPhilips Global Press OfficeTel.: +1
978-221-8919E-mail: kathy.oreilly@philips.comTwitter:
@kathyoreilly
About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health
technology company focused on improving people's health and
well-being and enabling better outcomes across the health continuum
– from healthy living and prevention, to diagnosis, treatment and
home care. Philips leverages advanced technology and deep clinical
and consumer insights to deliver integrated solutions.
Headquartered in the Netherlands, the company is a leader in
diagnostic imaging, image-guided therapy, patient monitoring and
health informatics, as well as in consumer health and home care.
Philips generated 2021 sales of EUR 17.2 billion and employs
approximately 79,000 employees with sales and services in more than
100 countries. News about Philips can be found at
www.philips.com/newscenter.
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