New York bureau chief Melanie Evans covers finance issues for Modern Healthcare. While 2008 might be history, the healthcare industry will continue to grapple with tight credit, volatile equities markets and other effects of the ongoing recession.
Last year's credit crisis has left borrowers with fewer—and more expensive—options to finance construction, technology and other big-ticket items. Limited access to affordable credit is expected to fuel merger-and-acquisition activity as weaker hospitals seek larger, more stable partners.
Meanwhile, hospitals and health systems also enter the year with significantly less cash thanks to investment losses, a situation that has weakened balance sheet.
To learn more, please view the accompanying video or read Modern Healthcare's Jan. 5 business outlook Special Report either in print or online.