US Not-for-Profit Healthcare: Developments to Watch in 2023
Virtual Webinar
The healthcare industry is slowly emerging from the depths of 2022's operational challenges, and all eyes are on what the "new normal" may be as we continue to transition to a post-pandemic world.
- On-demand
- About
Expense pressures lasted longer and went deeper than predicted in 2022. And while about half of our rated hospitals maintained operations at a level sufficient to fund routine capex from operations, at least about 20% of hospitals had negative cash flow and significant liquidity declines in 2022. The road to full recovery is going to be prolonged, with some continued structural shifts to labor and care delivery. Management teams are actively pursuing performance improvement strategies and focusing on targeted revenue growth to deal with these shifts.
- A preliminary look at 2022 results, and expectations for 2023
- Where we are seeing acute credit stress vs. continued strength
- Our approach to covenant breaches
- Top healthcare developments to watch for 2023
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