100 healthcare CFOs forecast revenue, profit for next 12 months

Most CFOs are forecasting only moderate increases in revenue and profit for 2020, according to a survey from accounting firm BDO.

For its survey "Treating Healthcare Distress," BDO asked 100 CFOs at provider organizations about their financial predictions for the next 12 months and whether revenue and profit will increase or decrease.

Here are seven possible financial outcomes BDO presented and the percentage of CFOs who said they expect the outcome:

51 percent or more increase in:
Revenue: 10 percent
Profit: 5 percent

26-50 percent increase in:
Revenue: 13 percent
Profit: 9 percent

10-25 percent increase in:
Revenue: 27 percent
Profit: 24 percent

1-9 percent increase in:
Revenue: 37 percent
Profit: 36 percent

No change in:
Revenue: 10 percent
Profit: 19 percent

1-9 percent decrease in:
Revenue: 3 percent
Profit: 6 percent

10-25 percent decrease in:
Revene: N/A
Profit: 1 percent

Review the full survey here.

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