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AESC Member Search Firm Witt/Kieffer Issues Statement on the Supreme Court Healthcare Decision

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Andrew Chastain, vice board chair and senior vice president of Witt/Kieffer, a leading executive search firm specializing in healthcare, issued the following statement about the impact of the Supreme Court’s healthcare decision on the healthcare marketplace:

“The threat of reform served as the catalyst for commercial payer reform. Regardless of the federal outcome, the industry has moved to incentivize more coordinated care and integration between physicians and hospitals. As a result, physicians are entering employment or affiliation agreements with health systems. This has created a significant demand for talent to build the infrastructure to support the integrated operations. The positions in high demand are physician executives, practice operations executives and case management resources.  Additionally, these advancements will require new data requirements and coordination creating the need for staff in this space as well.

Regardless of the court’s decision, 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.

Healthcare hiring will remain relatively strong due to several factors, such as the aging population and the push toward accountable care, as well as 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 will also add to the strength of the industry.

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.

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.”
About the Association of Executive Search Consultants
The Association of Executive Search Consultants (AESC) is the worldwide professional association for the retained executive search and leadership consulting industry. The AESC promotes the highest professional standards in retained executive search and leadership consulting through its industry recognized Code of Ethics and Professional Practice Guidelines. The AESC also serves to broaden public understanding of the retained executive search and leadership consulting process and acts as an advocate for the interests of its member firms.

 
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About the Association of Executive Search and Leadership Consultants

The Association of Executive Search and Leadership Consultants (AESC) is the voice of excellence for the executive search and leadership consulting profession worldwide. Its rigorous Code of Professional Practice guides members in nearly 1,300 offices in 74 countries and beyond to serve as strategic advisors on behalf of their clients. In turn, AESC members are best positioned to provide companies with a competitive advantage—the ability to find, attract and develop the best talent in the world and ensure that executives are successfully integrated.

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