Hospital Sector is Under Siege..
On the Flying Bridge November 5, 2023
Contributions from Dr. Gary Gottlieb, former CEO of Partners HealthCare (now Mass General Brigham), a current Flare Capital Executive Partner, and close friend…
Each year there are over 34 million admissions across the more than 6,100 hospitals in the United States. Never before has this critical healthcare infrastructure been so needed, and yet, never before has it been under such duress. The convergence of deep and profound financial pressures is crashing into workforce issues, with one exacerbating the other. Having a deeper appreciation of this will better inform entrepreneurs and investors on how best to partner with hospitals.
Municipal Market Analytics estimates that nearly 4% of the approximately $300 billion of hospital bonds outstanding are experiencing payment difficulties (the hospital...