In October, Becker’s asked, “How confident are you in your organization’s finances that it can continue operating at its current level for the next two years?” The answers were fairly evenly distributed among 874 respondents:
Very confident — 36%
Moderately confident — 18%
Somewhat confident — 20%
Not at all confident — 26%
Some hospitals and health systems are seeing improvements in financial stability since last year, especially those in the South and Northeast, and large, for-profit systems regardless of location. The latest Kaufman Hall report found nonprofit and Midwest hospitals are struggling financially.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
