Last summer, inflation hit a 40-year high, causing the Federal Reserve to launch an aggressive campaign of interest rate hikes. The cost of capital shot up. Investment slowed down. Many economists warned that a downturn was just around the corner. But the U.S. economy has avoided a recession (so far) as unemployment drops to a near-record low and wages tick up.
Healthcare organizations are still grappling with labor constraints and higher expenses that continue to impact the bottom line, even as health system finances start to move in the right direction. Many healthcare startups built in a low-interest rate environment are now running out of money and facing hard choices.
Here’s what healthcare companies should consider to not only stay afloat but thrive in an uncertain economic climate, as Definitive Healthcare reports. Read more.