Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the publication of its Future Health Index (FHI) 2020 report: 'The age of opportunity: Empowering the next generation to transform healthcare.' The 2020 report is the first large-scale survey of this younger generation of healthcare professionals, capturing feedback from nearly 3,000 respondents across 15 countries who provide unique perspectives into how prepared they are to manage tomorrow's healthcare.
Now in its fifth year, the Future Health Index 2020 report reveals critical insights from this new generation of healthcare professionals under the age of 40, a group that will comprise most of the healthcare workforce over the next 20 years. The report reveals the gap between their training and expectations around technological and digital healthcare transformation, as well as the reality of their experiences as healthcare professionals. The Future Health Index 2020 report offers guidance to today's healthcare leaders on empowering this next generation of professionals to help retain and attract talent to meet the growing demands of modern healthcare.
"The burden of transforming healthcare lies on the shoulders of this next generation of healthcare professionals, but too often their views are not fully understood, nor taken into consideration to impact change. If we don't listen to them now, we'll lose them," said Jan Kimpen, Chief Medical Officer, Royal Philips. "The findings of the Future Health Index 2020 report demonstrate we are at a crucial moment in the journey to the future of healthcare. While change won't happen overnight, these findings give healthcare leaders serious incentives to tackle some of the pain points they must address today in order to drive successful outcomes down the line."
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The Future Health Index 2020 report identifies three core themes and critical findings:
Reality of career does not live up to expectations
The research finds that for many younger healthcare professionals (41%), the reality of their career either does not live up to their hopes and expectations or they are undecided. In many instances, their education has not necessarily prepared them for all aspects of real-life practice. In particular, key non-clinical demands of the role such as business administration tasks (e.g. billing, budgeting and workflow management), were identified by 44% of respondents as an area where their medical education did not prepare them at all.
