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 >
Health care
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. … READ MORE >
After suffering losses, health care providers could face a reckoning on debt covenants
On June 30, the financial results from health care providers with publicly traded bonds will be measured, providing a window into their financial condition and whether the providers that took on debt to fuel their growth will be able to meet their bond covenants. … READ MORE >
Trump administration identifies 5 companies for government support in vaccine effort
Drug developers, academic institutions and government agencies across the globe are investigating more than 100 potential vaccines for the coronavirus. The Trump administration on Wednesday identified a handful of organizations that it believes are the most likely to produce a viable vaccine candidate, The New York Times reported. This is … … READ MORE >
Testing, testing, testing: Preparing for the reopening of the economy
The idea of reopening the economy is somewhat of a misnomer. The economy will not return to normal all at once, and there is a clear risk of a second wave of the pandemic coming with the relaxation of shelter-in-place orders around the country. Since some governors are in the process of relaxing these restrictions, we thought this is the perfect opportunity to discuss the risks around those decisions. … 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. … READ MORE >
Some hospitals could be left out as second round of Provider Relief Fund is distributed
Not all hospitals benefited equally when the initial $30 billion of the Provider Relief Fund was distributed. Now, with the second round of funding set to go out, some health care providers – especially hospitals organized as governmental entities — could again be left out. … READ MORE >
Wearables and the fight against COVID-19
As COVID-19 continues to spread around the world, research organizations are trying to leverage wearable technology and crowd-source data to aid in the fight against the global pandemic … 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 >
Cybersecurity, amid coronavirus, remains a top risk in health care
Cybersecurity remains a top risk within the health care industry as attackers are weaponizing COVID-19 and breaches continue to increase during the first quarter of 2020. … READ MORE >