Technology investments can help manufacturers fuel growth as economic headwinds build. Manufacturers have long known about the benefits of investing in Industry 4.0 improvements. As economic headwinds build, business leaders face a difficult choice about how to prioritize capital investments. In many cases, costly, long-term projects will be put on the backburner in favor of
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Projecting Private Equity’s Interest in Healthcare
Summary 62% of healthcare organizations are planning to pursue a transaction in 2022. Dealmaking is happening more slowly and methodically than in 2021, impacted by more stringent due diligence and a lack of resources. Private investors have a growing interest in hospital systems, which traditionally have
Read MoreCybersecurity Best Practices for Your Organization
According to a study by N-able, managed service providers (MSPs) report that 82% of their customers have seen an increase in attempted cyberattacks since the pandemic. Even MSPs themselves are a target for cyber criminals, which can have wide-reaching impacts on their customers and network of resources if breached. As threats become more prevalent, it’s imperative
Read MoreOptimizing Patient Access: A Checklist
At its core, patient access is about ensuring patients have access to high quality care and information they need in a timely and efficient manner. From a provider perspective, patient access is essential for efficient practice operations, balancing patient demand with clinical resource productivity, managing patient populations and successfully managing value-based contracts. To ensure patients
Read More2022 Year-End Tax Planning for Businesses
U.S. businesses are facing pressure to drive revenue, manage costs and increase shareholder value, all while surrounded by economic and political uncertainties. Disruptions to supply chains brought about by the pandemic have continued into 2022. Inflation and rising interest rates have made the cost of debt, goods and services more expensive and cooled consumer spending.
Read More2022 Year-End Tax Planning for Individuals
With rising interest rates, inflation and continuing market volatility, tax planning is as essential as ever for taxpayers looking to manage cash flow while paying the least amount of taxes possible over time. As we approach year end, now is the time for individuals, business owners and family offices to review their 2022 and 2023
Read MoreHealthcare Stability Outlook Report: 2022 and 2023
The same statement resurfaces whenever we face an economic downturn: healthcare is recession proof. Unfortunately, that’s more fiction than fact. Just like other large organizations with workforce, supply chain and other fiscal concerns healthcare organizations are impacted by economic conditions. However, it is true that the industry responds to economic downturns in unique ways.
Read MoreNavigating FEMA’S COVID-19 Appeals Process
The FEMA deadline for submitting COVID-19-related costs for final determination is December 31, 2022. As FEMA completes reviews and renders decisions on approvals, many applicants may see notices of denials of costs due to one or multiple eligibility issues. The pandemic as a nationwide disaster event has presented many issues for applicants, including hospitals,
Read More6 Questions Leaders at Healthcare Organizations Should Be Asking Themselves
Health is “the real wealth” and Artificial Intelligence (AI) is now used more than ever by healthcare organizations to help improve patient care, reduce costs, increase revenue, and reduce risk. OMNImed™ SmartOR is just one example of this. OMNImed is a smart operating room that leverages AI, machine learning, Internet of Things (IoT) and computer
Read More4 Levers for Building Resilience
To expand or contract a business as market conditions change requires flexibility, agility and foresight. For companies who want to be positioned as well as possible at the forefront of a recession, taking concrete steps now can ease the pain of an economic downturn or other unforeseen challenge. How can companies navigate economic uncertainty and
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