Starting significant transformation inside a healthcare company is no easy task. Along with strategy and leadership, it calls for tenacity, evidence-based judgment, and a strong awareness of the human factor.
Rising healthcare expenses, an aging population, and the weight of chronic diseases put institutions all around under more and more pressure to fundamentally rather than just incrementally change.
The World Health Organization estimates that, at $9.8 trillion in 2022, global health spending accounted for about 10% of the world GDP.
In the Middle East, Saudi Arabia alone allocated more than $50 billion to healthcare, representing 17% of its total budget.
Many systems nonetheless suffer with inefficiency, inadequate patient experiences, and burnout among healthcare professionals despite these expenditures.
Most healthcare institutions in the region urgently require change to guarantee long-term financial viability and help to slow the significant rise in healthcare expenses.
Many health systems run the danger of being financially unsustainable within the next ten years without aggressive structural changes.
Digital health is among the most strong transformational accelerators available. One striking illustration comes from Estonia, where 99% of medical records are digital and available to patients and clinicians alike.
Along with better results and openness, this change cut administrative expenses by more than 40 %.
In Saudi Arabia, too, the Tele-Stroke Program run by Dr. Sulaiman Al Habib Medical Group uses remote neurology consultations and artificial intelligence to identify strokes in real time.
Consequently, the door-to