Fierce Healthcare September 14, 2022
Dave Muoio

While the threat of recession inches closer and closer with each inflation report or stock market slip, HCA Healthcare Chief Financial Officer Bill Rutherford said health systems like his likely have less to fear this time around than during economic downturns of the past.

Healthcare is generally more shielded from recession threats than most industries, thanks to the public’s steady demand for care services and long-term contracts that delay the immediate impacts of price increases, Rutherford explained Tuesday morning during a fireside chat at Morgan Stanley’s 20th Annual Global Healthcare Conference.

Still, health systems across the country are already feeling the added weight of wage increases as supply costs enter the early...

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Topics: ACA (Affordable Care Act), Health System / Hospital, Insurance, Provider
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