November 2023
The healthcare industry has experienced tough financial times since at least 2020. The situation has improved from the early days of the COVID-19 pandemic, but many financial risks remain as 2024 approaches. Inflation and labor shortages are still serious problems while reimbursement rates are declining. Patients are finding new ways to access healthcare. This is leading to changes in what they expect from healthcare providers. Every industry participant should know their financial risks so they can plan how best to mitigate them.
