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In a decade already marked by radical change, healthcare is on the brink of a new digital transformation era. Investing in innovative tools offers providers new opportunities to connect with patients and enhance care — and these five trends are poised to move healthcare forward in the coming year.
1. Generative AI Moves Into Healthcare
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From automating administrative tasks to crafting communications, healthcare organizations will increasingly invest in generative AI to improve efficiencies, bolster productivity, and expand capabilities.
72% of healthcare executives now trust generative AI to support administrative tasks.[1]
2. Providers Ramp Up Personalization
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Patient demands for personalization will continue to increase — and organizations will invest in technology to personalize every interaction between patients and their care.
Examples:
- Leveraging AI-powered virtual assistants in the contact center
- Sending proactive communications tailored to patients' health concerns
3. Employee Mental Health Takes Center Stage
As healthcare grapples with the skills shortage, organizations will look for innovative ways to manage a key source of attrition: Burnout. Forward-looking organizations will explore strategies to help staff manage stress, such as:
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- Investing in workflow automation.
- Offering benefits and wellness programs to manage employees' stress (e.g., financial wellness benefits).
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4. Organizations Refocus on Holistic Care
As Medicare and Medicaid move away from fee-for-service and toward value-based care,[2] healthcare providers will seek new opportunities to provide holistic "whole patient" care. Expect a renewed focus on preventive care and investment in tools that enable greater coordination across care teams.
5.Patients Demand Flexible Payment Options
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Demand for a consumer-like patient experience continues to surge — and younger patients, in particular, demand digital payment options. In response, providers will adopt flexible merchant services to meet patients where they are with a broader range of payments.
76% of health systems expect increased digital wallet payments in 2024.[3]
Prepare Your Organization for The Future With PNC Healthcare
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Whether you’re looking for trusted, timely insights as you plan for a strategic investment in technology or you’re seeking financial solutions specifically for healthcare, we’re here to help. Visit us online to learn how we move you toward your goals.