With hospitals continuing to struggle financially, more health systems are going to be looking to partnerships, says KPMG’s Ross Nelson, KPMG’s national healthcare strategy leader.
Nelson says he expects to see more mergers in the coming year. In an interview with Chief Healthcare Executive®, Nelson discusses the outlook for mergers, why hospitals should look to find partners for some services, and the financial landscape in the coming months.
Hospitals have been struggling with rising expenses, including higher labor costs, and volumes and reimbursement rates haven’t kept pace with inflation. Nelson expects those challenges “will persist for a while.” Read more.
