Guest Post by Andrew Chastain
The Supreme Court’s decision to uphold the Affordable Care Act caps more than 2 years of uncertainty for the healthcare industry. As policymakers, companies and citizens consider how best to proceed, the healthcare industry is already moving forward, continuing its effort to improve the quality and reduce the cost of care.
Healthcare has already changed and will continue to do so, as it must. Most health systems are far along the path of adhering to the new accountable care model, anticipating the influx of millions of newly insured, and complying with strict new technology and quality reporting requirements, as outlined in the Affordable Care Act.
Healthcare hiring will remain strong due to several factors:
- The aging population;
- The push toward accountable care;
- A demand for leaders who can drive quality and innovation while also controlling cost;
- A proliferation of jobs that were non-existent five or ten years ago in certain healthcare fields.
Witt/Kieffer expects to see a 29% increase in its healthcare practice this year across all geographic regions, with the Midwest, West and Southeast showing particular strength, partially due to demographic and population shifts.
In particular, Witt/Kieffer is seeing:
- 121% growth in Chief Medical Officer searches, and a 43% growth in MD executive searches overall;
- A large jump in healthcare IT searches, with nearly a 40% increase over last year;
- 30% growth in COO/Senior Operations searches and a 74% growth in Finance searches.
Demand for healthcare services will remain robust, costs will continue to shift to employers and individuals, and healthcare organizations will need both workers and leaders to continue the push towards lower cost and better quality of care.