Manatt Health senior managing director Thomas Enders and managing director Brenda Pawlak spoke with HealthLeaders about key imperatives every hospital and health system CFO should consider as they plan their post-COVID-19 business approach. In the article, Enders noted that he expects many hospitals, especially those that serve rural populations, will be seeking to either be acquired by or merge with other similar hospitals, saying, “[hospitals are] going to consolidate and grow because they feel that's in their interest and mission to do so, and they're going to become much more engaged with their communities for public health issues and health equity issues.” Similarly, Pawlak stated that she anticipates hospitals and health systems will focus more on fiscal resiliency after emerging from COVID-19, “but it's a different kind of building moving forward [with] a real focus on revenue flows and cash being unpredictable in some cases.”
Read the article here.