Capital One surveyed 123 CEOs, CFOs and other senior healthcare executives in September.
Here’s what you should know:
1. Most healthcare executives (72 percent) said business performance was better in 2018 than in 2017. Only 28 percent said performance was the same.
2. Forty-two percent said merger and acquisition activity will increase in the next year,and 48 percent said it will stay the same. Only 10 percent predict M&A activity will slow.
3. Concerning future growth, executives tabbed a number of key areas for growth in the next 12 months:
- Healthcare information technology: 46 percent
- Home, health and hospice: 31 percent
- Assisted living and skilled nursing: 8 percent
- Insurance providers: 8 percent
- Pharmaceuticals: 6 percent
- Medical devices: 3 percent
4. Value-based care is still finding its footholds. Sixty-two percent of executives said they’re just beginning to transition to value-based care, 21 percent said they’re halfway there, 6 percent said their transition is nearly complete and 2 percent said they’re fully transitioned.
More articles on healthcare:
3 thoughts on managing denials from employer plans
GI societies slam CMS decision to side with Anthem, devalue GI codes — 5 insights
USPI delivers $502M operating revenue in Q3, Tenet’s hospital operations disappoint
