What are academic medical centers focusing on most amid increasing pressure to improve performance?

McKinsey set out to learn the answers by surveying 100 AMC leaders in the summer of 2023. In a report issued in April, the global consulting firm notes that reimbursements falling short of costs, more alternative care options for patients, inflation-induced cost increases and chronic workforce shortages have hampered AMC financial performance. For 45 AMCs it analyzed, median operating margin fell from 3.7% in 2017 to 1.5% in 2022.

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AAMC Predicts Significant Physician Shortage by 2036

A new report published on March 21 by the Association of American Medical Colleges (AAMC) concludes that the U.S. is expected to face a physician shortage of between 13,500 and 86,000 by 2036. According to the study, The Complexities of Physician Supply and Demand: Projections from 2021 to 2036, many physicians will reach retirement age within the next decade.

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Walgreens posts $6B loss on waning VillageMD value; ups clinic closures

Walgreens reported an almost $6 billion net loss in the second quarter, according to financial results released Thursday. Nearly all of that sum was attributable to the declining value of a single play: VillageMD, the primary care chain into which Walgreens has poured billions of dollars, but which has generated disappointing returns to date.

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Revolutionizing Primary Care: The Role of Pharmacogenomics and AI in Personalized Medicine

Pharmacogenomics (PGx), the study of how genetic profiles impact an individual’s responses to medication, has already begun to help healthcare providers (HCPs) optimize care through its capacity to preemptively enhance drug efficacy, minimize adverse side effects, and improve patient experiences. This rapidly growing field marries bioinformatics and pharmacology and represents a transformative new era of […]

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Provider Strategy reports on market developments and insights related to the healthcare provider workforce. Our publication is committed to improving the healthcare professional workforce, utilization of providers, and ultimately supporting thought leadership in workforce innovation.

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