The 6 places healthcare CFOs are looking for growth

More than half of healthcare CFOs cited digital transformation as their top growth strategy for 2020, according to a survey from accounting firm BDO.

Advertisement

For its analysis “Treating Healthcare Distress,” BDO asked 100 CFOs at provider organizations about their financial growth strategies for the year ahead.

Here are the six areas where CFOs are focusing their growth strategies, ranked by the percent of CFOs who said they’re looking to the area for growth:

1. Digital transformation: 51 percent
2. Geographic expansion: 37 percent
3. Restructuring or reorganization: 36 percent
4. Private equity investment: 28 percent
5. Mergers and acquisitions: 22 percent
6. Initial public offering: 12 percent

See the full results here.

More articles on healthcare finance:
Trump ‘going to look’ at Medicare cuts
Los Angeles hospital closes after purchase deal falls through
New Jersey health system owners allegedly embezzled millions as hospitals’ debt swelled

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.