Barnes & Thornburg today announced the release of its first 2025 Healthcare Compliance Outlook. This Outlook leverages insights from more than 120 U.S.-based healthcare and life sciences organizations to explore the evolving compliance challenges facing the industry.
The majority of healthcare and life sciences professionals surveyed said they are concerned about complex regulations and new developments, including the rise in cyber-attacks, the rapid adoption of artificial intelligence (AI), and increased scrutiny of healthcare mergers and acquisitions. I feel that I have reached my limits in dealing with such risks. This research also identifies missed opportunities that can increase an organization's exposure to risk and provides strategic guidance to help industry decision makers strengthen compliance measures in an increasingly complex landscape. We provide
“Healthcare compliance professionals are struggling to address a growing area of risk, even though many report resource constraints that can limit their ability to address challenges.” ,” said John E. Kelley, partner and chairman of Burns & Thornburg's healthcare division and healthcare industry practice. “These pressures highlight the need for organizations to adopt robust compliance strategies to stay ahead of the curve.”
Brian J. McGinnis, partner and co-chair of the firm's data security and privacy practice, said: “The rapid expansion of AI and digital health provides ample opportunities to enhance patient care and access. However, organizations must establish guardrails to protect against associated risks such as cybersecurity and data threats. , we need to ensure that this powerful technology can be used safely and ethically.”
Key findings from this year include:
Only 31% of healthcare compliance and risk leaders feel “very prepared” to meet future compliance and risk challenges. Less than half (42 percent) are very confident in maintaining high quality care given compliance and risk issues. More than half (53 percent) report resource constraints in program areas such as budget, staffing, and technology. 56% expect to face further resource constraints in the next year More than half (54%) of organizations have already sought or are considering private equity support Nearly three-quarters of respondents expect to face further resource constraints in the coming year Internal compliance functions that use or are considering using (both generative and predictive) in their operations. Data analysis, risk assessment, and management tasks are the most popular applications 6 in 10 respondents say AI integration and development will increase their budgets by more than 10% next year All respondents 58% of respondents say they have developed a governance structure for AI Compliance is difficult
Barnes & Thornburg surveyed 120 compliance, risk, and legal leaders from U.S.-based healthcare and life sciences organizations, including hospital systems, physician practices, and pharmaceutical, biotech, and medical device manufacturers. Implemented. Respondents included CEOs, chief compliance officers, chief risk officers, and in-house counsel, all of whom lead or support compliance and risk issues within their organizations. Organizations ranged in size from companies with less than $1 million in annual revenue to companies with annual revenues of $1 billion to over $10 billion.
To learn more, download the 2025 Healthcare Compliance Outlook.
Barnes & Thornburg is one of the nation's largest law firms with more than 800 attorneys and other legal professionals. We serve customers worldwide from offices in Atlanta, Boston, California, Chicago, Delaware, Indiana, Michigan, Minneapolis, Nashville, New Jersey, New York, Ohio, Philadelphia, Raleigh, Salt Lake City, South Florida, Texas, and Washington. We provide services to. DC For more information, please visit www.btlaw.com.
