The Data Fix
2023 has been a year of turbulence in health care. The post-pandemic landscape has seen margin compression due to flat rates and rising costs, along with increased competition (see The Changing Behavioral Health Market Landscape: Implications For Consumers, Providers, Payers & Investors). The result has been a spike in reorganizations (see Healthcare Sector Bankruptcies Are On The Rise and Healthcare Sector Bankruptcy Filings Surge In 2023, Trending To Triple the Levels Of 2021).
The question for executive teams is how to address these challenges and navigate these trying financial times. The key is understanding organizational performance in real time . . .