Emerging from the shared catastrophe of the pandemic, the U.S. healthcare industry has lost ground. Americans are seeing worsening health outcomes, higher overall health spending, declining patient satisfaction, and burnt-out clinicians. As regulators increasingly focus on fundamental payment and policy structures that underpin established business models, healthcare leaders are concerned about the pressures that lie ahead.

Beyond the headlines and policy actions that often dominate leaders’ strategy discussions, several seismic changes are underway. While the shifts have been building for some time, their recent acceleration informs where Advisory Board predicts that the healthcare industry is headed in 2024 and beyond.

This report will explain these shifts and empower executives to make strategic bets about their businesses today that set them up for long-term success — and embrace their role in ensuring equitable access and outcomes for patients as the industry transforms.