Aside from the obvious benefits to community, culture and environment, another reason health care organizations are focused on ESG is to attract financing. Health care organizations will likely begin measuring and reporting ESG data as an evaluation tool for investors. Read about other outlook ... READ MORE >
Building the new normal in health care
As the health care industry works toward a new normal—a time of recovery and eventual re-emergence from the pandemic—providers are taking a hard look at their physical infrastructure and rethinking what they will need in the future. This rethinking has been prompted in no small part by the ... READ MORE >
Pandemic highlights the need for better use of data among health care providers
The coronavirus pandemic has presented a host of challenges for health care providers as they have dealt with a significant downturn in their business. But now, as a vaccine is rolled out and providers prepare for the new normal of life after the pandemic, there are opportunities as well. One way ... READ MORE >
The changing landscape of pandemic relief for health care providers
In March, President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act, which included $100 billion to help health care providers make it through a significant downturn. So acute was the downturn for hospitals that Congress later approved an additional $75 billion to the segment ... READ MORE >
Managed care organizations weather the coronavirus storm
It’s no mystery that major parts of the health care sector took a significant hit to the bottom line this year as hospitals and other providers postponed elective procedures to make way for the influx of coronavirus patients. But one area of the health care sector -- managed care organizations -- has ... 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. In recent weeks, the scope and severity of the pandemic ... READ MORE >
Businesses already strained by COVID-19 should prepare for hurricane season
The Atlantic hurricane season is already off to a busy start, with six named storms having formed as of early July. And it is likely to get worse. The National Oceanic and Atmospheric Administration predicts a 70% chance that this hurricane season will be worse than normal, with just a 10% chance of being ... READ MORE >
How hospitals can prepare for new price transparency rules
A recent court ruling has given the Trump administration a major victory in its push for transparency in health care pricing, and has left many health care providers scrambling to meet new requirements. While the burdens of meeting the requirements are high, in the end they represent an opportunity for ... READ MORE >
After suffering losses, health care providers could face a reckoning on debt covenants
Few industries have felt as big an impact from the coronavirus pandemic as health care providers – not only from the risks taken on by front-line medical workers but also because of the significant disruption of their operations. On June 30, there will be a reckoning of sorts. That’s when the ... READ MORE >
New relief is approved for hospitals, but challenges remain
Over the past few weeks, we have been reaching out to our clients as well as hosting several virtual CFO Forums. Through those interactions, our clients in the health care sector have been painting a grim picture of the financial effects of the coronavirus. As patients infected with the virus have ... READ MORE >