The human toll that COVID-19 is taking is painfully obvious, always heartbreaking, and often inspiring, Health Leaders Media reports. But could the pandemic also put some hospitals on life-support, as it greatly reduces consolidation strategies within the industry, and with that, the ability for hospitals to cut losses?
That is the view of consulting firm Ernst & Young (EY), which recently completed its Global Capital Confidence Barometer and discovered a dramatic drop in the number of healthcare executives that are contemplating a merger or acquisition in the next 12 months.
According to EY, 34% of healthcare executives now say they plan to pursue M&A through next year. Read more.
