Providence CEO’s 3 predictions for 2025
Becker's Healthcare December 11, 2024
Renton, Wash.-based Providence is nearing a leadership transition as President and CEO Rod Hochman, MD, plans to retire at the end of the year and COO Erik Wexler takes the helm. As he transitions to CEO emeritus, Dr. Hochman made three healthcare predictions for 2025, which he posted on LinkedIn. He also shared clips from his November conversation with Melissa Tizon, Providence’s vice president of national communication, about where the industry is headed.
Dr. Hochman’s three predictions:
1. Technological integration: Dr. Hochman predicts AI will be transformative in terms of streamlining operations, improving care, addressing workforce challenges and supporting healthcare employees. However, he also noted that it must be used productively. He sees AI serving as a...