As health care continues to represent a larger portion of U.S. gross domestic product, the federal government’s ability to finance that expenditure through tax revenues has relatively declined. Corporate taxes as a percent of GDP peaked at 2.6% in 2007. In the aftermath of the global financial crisis that proportion fell to 1% in 2009 and recovered to 1.9% in 2015. In 2018, the last year for which we have data, it was again at 2009’s level of 1%. … READ MORE >
As coronavirus spreads across the nation, aid to hospitals lags
As Congress debates a new round of stimulus measures to blunt the human and economic toll of the coronavirus, it has an opportunity to rethink the way it supports those who are working on the front lines of the pandemic: health care providers. … READ MORE >
Businesses already strained by COVID-19 should prepare for hurricane season
Forecasters predict a 70% chance that this hurricane season will be worse than normal. For businesses already stretched thin by the coronavirus pandemic, the grim forecast comes at a perilous time. Sectors such as insurance, real estate, hospitality and health care are particularly vulnerable. … READ MORE >
Amid resurgence of coronavirus, health care providers feel mounting pressure
Despite the central role that health care providers have played in treating patients with the virus, the industry continues to face significant financial pressure. Without some kind of relief from the coming fiscal cliff, those providers could be in even more dire financial circumstances … READ MORE >
Amid disruption in health care, private equity is poised to put its cash to work
As the world approaches 1.5 million confirmed coronavirus cases and more than 80,000 deaths, the financial and operational toll of quarantine efforts will create opportunities for both strategic and financial buyers across industries, including health care. … READ MORE >
Coronavirus and the rise of virtual health visits
The human toll of the coronavirus only continues to mount: Confirmed cases have topped 118,000, deaths have surpassed 4,000 and Italy has quarantined 16 million people. It has led employers around the globe to encourage employees to work from home or take unpaid leaves of absence. In Seattle, the epicenter … … READ MORE >
Coronavirus spurs service disruption for health care providers, extending human toll
The coronavirus (COVID-19) has dominated the news since the outbreak began in China early this year. As the situation evolves, health care companies and organizations should monitor four important risk areas: supply chain, patient demand, workforce supply and Treasury. … READ MORE >
As the coronavirus spreads, bond markets take notice
Fears over the outbreak of the coronavirus in China have combined with moderated corporate earnings and continued delays over the Boeing 737 Max to suppress yields on 10-year Treasuries. … READ MORE >
As coronavirus spreads, American hospitals need to be prepared
For the American health care system and its workers, the speed of the virus’s spread and the memories of previous epidemics are warning signs that they need to be prepared to contend with a potentially deadly outbreak at home. … READ MORE >
Private equity looks for recession-proof deals
These are flush times for American private equity funds. Through November, they have raised more capital than any other fiscal year. But a good portion of that cash has not been put to use – yet. One reason is that many takeover targets have simply become too expensive, a dynamic … … READ MORE >