Most health execs expect to match last year's business growth, poll says

Most healthcare executives anticipate another year of business growth in 2019, according to a new Capital One survey.

The survey, conducted in November and December, included nearly 300 senior executives from healthcare companies and other industries.

Four findings:

1. Most respondents (73 percent) said they expect better business performance this year compared to last year, while 24 percent indicated they expect the same performance in 2019.

2. Twenty-five percent of respondents said revitalizing and updating existing offerings would be their primary growth strategy in 2019.

3. Another 21 percent of respondents said they expect growth to be driven by new business segments or lines.

4. More than one-third of respondents (35 percent) said they expect to see an increased need for capital this year compared to 2018.

Mergers and acquisitions remain "a driving force in the healthcare industry, but we're also seeing some additional focus on building out existing lines of business in the year ahead," said Al Aria, senior managing director of Capital One Healthcare. "There's a strong demand for capital as we turn into 2019, and we anticipate quite a bit of activity as healthcare organizations progress in their growth plans."

 

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