Stormy Weather: Navigating Profitability in the NFP Hospital Space with Kevin Holloran

Hospitals had a rough 2022 as they faced higher labor and supply costs, volatile patient volumes, and fragile payer relations. More than half of hospitals in 2022 are expected to result in negative margins, according to Kaufman Hall. Kevin Holloran, Senior Director at Fitch Ratings, said 2022 was “one of the worst years ever in healthcare,” and he projected hospitals would face a bumpy 2023.

On this episode of Healthcare Rethink, Jonathan Wiik, VP of Health Insights at FinThrive and Kevin Holloran dig deeper into financial performance for health systems and hospitals.

Topics covered:

  • Headwinds affecting the not-for-profit hospital sector and what is driving those headwinds
  • Advice for CFOs and recommendation to insulate operations and profitability
  • Thoughts on M&A activity
  • How the future of payer/provider collaboration may look
  • Issues affecting profitability from labor to patient volumes and possible impact from recent legislation

Follow us on social media for the latest updates in B2B!


digital court reporting
Stenograph’s MAXScribe™ to Become the Primary Software for Key College Digital Reporting Program
March 20, 2023

DOWNERS GROVE, Ill., March 20, 2023 ( – Stenograph®, LLC announces a partnership with Key College to further its support of court reporter education. Key College has named Stenograph’s digital court reporting software, MAXScribe, the primary software of its Digital Court Reporting Certificate Program. To help prepare students for AAERT Certifications such as CER, CET, and CDR, […]

Read More
AI influencers
Marketing Professionals Say AI Influencers are Here to Stay
March 20, 2023

Let’s talk about AI influencers. You may have heard about Miquela Sousa, the 19-year-old Brazilian-American model and definitely not a real human getting ‘hacked’ in 2018 by a pro-Trump Influencer. No? What about Maybelline unveiling ‘May’, its own digital influencer created to sell mascara? Like it or not, AI influencers, or more concretely, animated […]

Read More
food industry's understaffing problem
The Food Industry’s Understaffing Problem: A Positive Change for Employees and Customers
March 20, 2023

The food industry is known for its fast-paced, high-stress environment. However, in recent times, the food industry’s understaffing problem has made things much more challenging! The food industry is feeling the pinch of understaffing, with over 60% of establishments admitting they are struggling to recruit enough employees. In spite of that, this challenge has […]

Read More