FinancialHospitals

Most healthcare CEOs, CFOs expect to maintain or increase revenue

Most plan to evolve their traditional services through in-home services, virtual care and remote patient monitoring.

February 1, 2023 – Susan Morse, Executive Editor

While 58% of healthcare leaders expect a recession in the year ahead, more than nine out of 10 expect to maintain or increase revenue, according to a JPMorgan Chase survey. Seventy-one percent are optimistic about their own company’s performance.

Nearly half (48%) of all healthcare executives surveyed in JPMorgan Chase’s 2023 Business Leaders Outlook survey have an optimistic outlook for the national economy in the year ahead, compared to 22% of respondents across all industries.

WHY THIS MATTERS

The survey shows not only how CFOs and CEOs are thinking about the economy and their organization’s future, but how they’re responding to ongoing financial challenges.

Of the survey respondents, 38% were CFOs and 33% were CEOs or in a chairperson role.

Most leaders plan to evolve their traditional services with 52% exploring in-home services, 51% considering virtual care options and 45% looking at remote patient monitoring.

READ THE REST HERE

Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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