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Survey: Healthcare Executives Concerned About Upcoming Changes

Survey: Healthcare Executives Concerned About Upcoming Changes

A new UPS survey suggests that healthcare executives around the world are concerned about the potential risks of reforms, competition and changes involving intellectual property protection.

According to the annual survey, which is known as the UPS "Pain in the (Supply) Chain," 43 percent of healthcare executive respondents referred to intellectual property protection as a major business concern. Patent expirations, which are expected to impact a number of companies in coming years, were also cited as top concerns by 43 percent of biotech and pharmaceutical company executives.

Still, the major concern among healthcare executives continues to be potential changes in legislation and reform, with 52 percent of global respondents citing the possible risks of these in the survey.

"Change is the only constant in healthcare today and it is happening on a global scale, driven by factors such as cost, regulatory pressures and global expansion," said Bill Hook, vice president of global strategy for UPS Healthcare Logistics, according to a release.

The results of the UPS survey seem to jive with a previous study conducted by Robert Half Management Resources, with 62 percent of CFOs surveyed saying healthcare reforms were among their principal concerns.