Top concern and key challenges for Australian healthcare and pharma leaders

A recent PwC report revealed rising costs and their ensuing pressures on key stakeholders as the top concern of healthcare and pharma leaders. At the same time, more than 80% of healthcare and pharma organisations are doing more with fewer resources.

So what is required to lean into these concerns? What expertise and added value can the relevant service providers and suppliers offer to support the industry?

Key challenges in Australia, according to PwC report

Challenge 1: Turning inward to reduce the talent gap

Leaders see concerns around the availability of key internal skills. Many businesses are having to reflect on how to attract, train and retain their workforce. People costs are rising more than expected as a result, so is it time to think differently about ways to solve their skills challenge?

Challenge 2: Mountains of data, molehills of intelligence

Leaders are working to bridge the gap of translating a deluge of data into better decision making. Only 7% believe their customer data is comprehensive and finding the right data talent is a significant challenge.

Challenge 3: AI at the tipping point

Artificial Intelligence (AI) has the potential to supercharge growth, but without clean, relevant, and labeled data – and the workforce to harness this – organisations are being hindered in their efforts to move aggressively on AI.

What do you think? Share your views to help the Pharma, MedTech and Biotech industries.

With more than 80% of healthcare and pharma organisations doing more with fewer resources, how is superior value delivered by the top service providers and suppliers to support you in your role in Pharma, Biotech or MedTech? What gaps can be addressed to better assist you?

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