HealthLeaders Media June 4, 2020
Though healthcare organizations have endured a global health crisis that has severely taxed their bottom lines, there are areas for growth coming out of the pandemic.
KEY TAKEAWAYS
– Telemedicine and virtual care services will be a key component of the hospital business model going forward.
– M&A activity among health systems is likely to increase because of the pandemic, but the impact of consolidation on the industry is still up for debate.
The outbreak of coronavirus disease 2019 (COVID-19) caused one of the most financially crippling situations for healthcare in decades. Besides the clinical implications, hospitals and health systems that typically operated on razor-thin margins prior to the outbreak were now faced with unprecedented challenges to their bottom...
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