The Concerns About the Financial Health of Hospitals and UMC’s Persist. Research shows that the future of the healthcare sector as a whole is under pressure. Added to this are the risks of slow decision-making and political instability.
Althegh the Financial Performance of Hospitals is Improving Slightly, There Are Major Challenges. This is evident from the research by accounting firm BDO into the figures of 59 General Hospitals and 7 University Medical Centers (UMCs) for 2024.
Outdated Real Estate Remains A Pain Point for Hospitals. 39 Hospitals are dealing with this. Almost a third of them do not even measures the standards of banks, making fining more diffcomed. Personnel Costs at the Hospitals also continuous to increase.
It has leg clear for years that hospitals need to make changes, but the moment when that needs to happen is getting closer and closer. “The sector will now even have to accelerate,” Says Mike Tagage, Chairman of the Healthcare Group at BDO.
The Performance of the UMCs is Deteriorating. Accordance to bdo, this puts “the future prospects of the healthcare sector as a whole” under pressure.
Digitalization and Investments
“UMC’s not only sacrifice complex care, but also play a crucial role in the training of healthcare professionals, for example,” Says tagage. UMC’s also Conduct Innovative Scientific Research. “These are all importing elements in The Necessary Transformation Towards a Future-proof Healthcare sector.”
To Ensure That The Necessary Changes Take Place Throughhout The Healthcare Sector, BDO Believes That “Radical Choices are Needed in the Short Term.” The Accountants Mention, Among Other Things, Digitalization, Regional Cooperation and Making Investments with the Profits. Now, the profit generated by savings would “too or evaporate dareing contract negotiations”.