ASC leaders felt effects of the 2008 recession, from massive job losses to unrecoverable investments.
Now, leaders are bracing themselves for the possibility of another recession after an inflation rate of 8.5 percent in July.
CNN Business and Fiat Wealth Management have highlighted warning signs that ASC leaders and business owners can monitor.
Nine warning signs of a recession:
1. The price of copper falling
2. A drop in private sector output
3. Lows in consumer sentiment
4. A decrease in gas prices
5. A slump the number of Americans buying homes and declining home values
6. Rising interest rates
7. Rising unemployment rates
8. Political instability, including high geopolitical risk with U.S., Russia tensions
9. Stock market volatility
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
