In an article published by Managed Healthcare Executive on January 4, 2020, Kelli Fleming weighs in on top challenges healthcare executives will face in 2020 and helpful coping strategies.

As a new decade begins, healthcare executives will continue to grapple with challenges of the past as well as new issues that emerge, and with the presidential election year upon us, dealing with an ever-changing landscape of government relations is high on the list.

The article identifies the following top six challenges predicted: complying with new government requirements and mandates, shifting to value-based payment models, using big data, implementing cybersecurity measures, rising cost of healthcare and the rising cost of specialty drugs.

Fleming emphasizes the importance of implementing cybersecurity measures, as healthcare entities are continuing to see a rise in the number of cyberattacks.

“Records maintained within the healthcare industry are valuable due to the vast amount of information contained therein, and providers typically maintain several electronic systems containing patient information (e.g., electronic medical records, billing, practice management, email), all of which are susceptible to attack,” Fleming states.

Therefore, entities should implement plans for stopping an attack and mitigating harm.

For the full article, click here.