Healthcare Providers and Services

Industry Overview

Healthcare Providers and Services

Responding to Challenges in Risk, Regulation and People

All organizations in the healthcare sector face a rapidly shifting risk and human capital landscape. From regulatory changes to litigation to difficulties in attracting and retaining talent, leaders across the industry seek agile and innovative solutions to protect and grow their people and businesses.

We partner with clients across the industry—for-profit and not-profit healthcare systems, hospitals, insurance firms, physician groups, and ambulatory care, managed care, senior care, and social care organizations—to help them provide effective, safe and high-quality value-based care by managing costs, mitigating risks, and building resilient workforces.

Top 5 Current Risks

According to our latest Global Risk Management Survey, the biggest risks facing the Healthcare Providers and Services industry include:

  • 01

    Cyber Attack or Data Breach

    Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.

  • 02

    Workforce Shortage

    Skilled and unskilled labor shortages remain acute in many industries, even as more companies pursue layoffs.

  • 03

    Failure to Attract or Retain Top Talent

    Companies excel when they have the best possible talent in each role, from the C-suite to the front line. An inability to fill these slots and retain top-performing employees can have serious repercussions.

  • 04

    Regulatory or Legislative Changes

    Uncertainty about upcoming regulatory changes affects business confidence, and companies active in multiple jurisdictions must track and comply with a wide variety of complex laws and regulations.

  • 05

    Rising Healthcare Costs

    The cost of healthcare and employee-sponsored benefits is rising for employers and employees alike.

Facing a Worker Shortage, Healthcare Companies Focus on Digital Job Skills

As healthcare organizations digitalize their businesses and face global workforce shortages, our analysis find they are rapidly recruiting new talent with specific data skillsets.

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