88% of US Healthcare Leaders say the use of automation for repetitive tasks is critical for addressing staff shortages in new Philips Future Health Index
June 18 2024 - 5:06AM
Business Wire
Workflow prioritization seen as biggest opportunity for
automation while AI continues to gain traction; virtual care having
a positive impact on easing staff shortages & increasing access
to care
The Future Health Index (FHI) survey conducted by Royal Philips
(NYSE: PHG, AEX: PHIA), a global leader in health technology,
explores the ongoing staffing and access challenges within the US
healthcare system and the innovative solutions being used to
address them. The ninth annual report, Better care for more people,
demonstrates the pressures of staffing shortages and burnout on
clinicians and their ability to deliver timely, high-quality care
to patients. It reveals how healthcare leaders are investing in
technologies such as automation and artificial intelligence to help
ease the burden on staff, and those that are having an impact on
increasing access and health equity such as virtual care.
“The report is critical to better understand the persistent
challenges at this inflection point due to the increasing demands
on the system. To overcome those obstacles, particularly the
pressures on our healthcare workforce, collaborative solutions
embraced by healthcare leaders and policymakers through innovations
like artificial intelligence are essential to reduce gaps and
optimize patient outcomes by delivering more inclusive and
effective care,” said Jeff DiLullo, chief region leader for Philips
North America.
Key trends for these challenges and solutions include:
Staffing Challenges: Burnout and shortages are critical
factors impacting quality and access to care
- 92% of healthcare leaders see a deterioration in staff’s
well-being, morale and mental health
- 81% of have seen delays in care because of staff shortages
Increasing Access: Technologies are key to making a
difference for patient, provider and health equity
- 88% believe technology to automate repetitive tasks is critical
for addressing staff shortages
- 44% plan on implementing automation for workflow prioritization
in the next three years
- 82% see virtual care having a positive impact on easing staff
shortages at their organizations
- 40% say virtual care is enabling them to expand special
services to underserved communities
- 45% are using remote patient monitoring for chronic disease
management
- 96% say data-driven insights could help reduce disparities in
health outcomes
Tech Investments: AI goes from ideation to
implementation
- The top areas in which AI has already been implemented for
clinical decision support are radiology (27%), in-patient
monitoring (23%), preventive care (16%) and remote patient
monitoring (16%)
- However, 79% of healthcare leaders are concerned about the
possibility of data bias in AI widening disparities in health
outcomes
Conducted in 14 countries, the FHI 2024 report is the largest
survey of its kind, based on proprietary research among nearly
3,000 healthcare leaders.
To access the report, visit Future Health Index 2024.
About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health
technology company focused on improving people's health and
well-being through meaningful innovation. Philips’ patient- and
people-centric innovation leverages advanced technology and deep
clinical and consumer insights to deliver personal health solutions
for consumers and professional health solutions for healthcare
providers and their patients in the hospital and the home.
Headquartered in the Netherlands, the company is a leader in
diagnostic imaging, ultrasound, image-guided therapy, monitoring
and enterprise informatics, as well as in personal health. Philips
generated 2023 sales of EUR 18.2 billion and employs approximately
69,100 employees with sales and services in more than 100
countries. News about Philips can be found at
www.philips.com/newscenter.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240618637888/en/
For further information, please contact:
Philips Silvie Casanova Philips North America Tel.: +1
781-879-0692 E-mail: silvie.casanova@philips.com
Avi Dines Philips North America Tel.: +1 781-690-3814 Email:
avi.dines@philips.com
Koninklijke Philips NV (NYSE:PHG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Koninklijke Philips NV (NYSE:PHG)
Historical Stock Chart
From Jul 2023 to Jul 2024