Policy & Medicine February 11, 2020
According to a survey released recently by the consulting and advisory firm, BDO, healthcare providers have a negative outlook about how to pay for healthcare. The survey, which was released by the BDO Center for Healthcare Excellence & Innovation and entitled Treating Healthcare in Distress, polled 100 CFOs at mid-market provider organizations with revenues ranging from $250 million to $3 billion. It found that providers fear a near-term recession, and have significant concerns about reimbursement concerns and liquidity challenges.
Key findings of the survey also include:
- Overall, 2020 financial projections are positive, but most forecast only modest increases (1-9%) in both revenue and profitability.
- 55% of healthcare organizations expect a recession in the next two years, and 76% of...
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