Philips(US:PHG) GlobeNewswire News Roomยท2024-06-18 09:00Core Insights - The Future Health Index 2024 report by Royal Philips highlights the increasing reliance on virtual care and AI innovations to tackle workforce shortages, financial pressures, and rising demand in healthcare [1][2]. Group 1: Workforce Challenges - Approximately 66% of healthcare leaders report heightened levels of burnout, stress, and mental health issues among staff, with 77% indicating that staff shortages lead to delays in patient care [3][5]. - 60% of leaders express concerns about increasing waiting lists for appointments, while 57% report longer waiting times for treatments [3]. Group 2: Technology Adoption - A significant 92% of healthcare leaders believe that automating repetitive tasks is essential for alleviating staff shortages, although 65% of healthcare professionals remain skeptical about automation's effectiveness [5]. - Virtual care is recognized by 89% of leaders as positively impacting staffing shortages, with 54% noting it allows for more flexible work schedules [6]. Group 3: AI and Innovation - The report indicates that 43% of healthcare leaders are already utilizing AI for clinical decision support in patient monitoring, with 85% planning to invest in generative AI technologies [8]. - The majority of leaders are focused on integrating AI to enhance patient care and reduce wait times, emphasizing the importance of staff engagement in the adoption process [2][4]. Group 4: Financial Sustainability - 81% of healthcare leaders acknowledge that financial challenges directly affect patient care, with 59% unable to invest in advanced medical technologies [9]. - Despite financial constraints, 89% of leaders are developing growth strategies to serve more patients, while 86% prioritize reducing the environmental impact of healthcare [10]. Group 5: Research Basis - The findings of the Future Health Index 2024 report are based on proprietary research conducted among 3,000 healthcare leaders across 14 countries [11].