Despite coping with financial pressure and workforce shortages following the COVID-19 pandemic, spending on U.S. hospital services continues to increase and is projected to reach $1.52 trillion by the end of 2023. The 2023 Hospitals & Health Systems Market Report analyzes the major trends impacting the industry, including supply chain resiliency strategies, hospital purchasing priorities, strategies to retain the workforce, and the effect the COVID-19 public health emergency expiration will have on hospitals and health systems.
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- Patient Volumes: 56% of hospital and health systems executives predict that patient volumes will increase through 2023 and into 2024.
- Supply Chain Solutions: 70% of supply chain leaders are planning to automate advanced planning and forecasting solutions by 2025.
- Digital Health Tools: 30% of hospitals have invested in digital health tools that enhance operational efficiency.