Bethesda, Md.-based Capital One Healthcare surveyed more than 450 healthcare executives for its annual survey. The results indicate that while analysts and industry experts foresee growth, political and social changes may deter the industry from reaching its full potential in 2017.
Here are four findings from the survey.
1. Thirty-eight percent of respondents said M&A activity will drive growth. Roughly one in three executives, or 31 percent, plan to drive growth by launching new segments or lines of business in 2017. More than a quarter of respondents, or 26 percent, cited organic growth initiatives as their top growth strategy.
2. Forty-two percent of respondents said they expect their capital needs to increase in the coming year.
3. Fifty-nine percent of respondents said potential changes to the ACA represent their chief concern for the industry in the near future. Eighteen percent said regulatory uncertainty poses the greatest challenge.
4. Ninety-four percent of those surveyed said they expect their business to perform better financially in 2017. Seven percent of respondents anticipate weaker financials.
More articles on transactions and valuations:
3 New Hampshire hospitals complete affiliation to form GraniteOne Health
FTC speaks out against Wellmont, MSHA merger again 1 week before decision
17 recent hospital transactions and partnerships
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.