Hospitals and Health Systems 2023 Outlook | February 2023

McDermott Will & Schulte, a global law firm

ARTICLE / REPORT

Hospitals and Health Systems 2023 Outlook

February 2023

Read time: 2 min

Overview

Historically viewed as recession-proof, 2023 is expected to be a challenging year for the healthcare industry as macroeconomic factors – inflation, high labor expenses, volatile markets, supply chain snarls and other issues – exert their influence in ways not previously seen.

In addition, healthcare providers – including hospitals and health systems – must grapple with the end of the COVID-19 public health emergency (PHE), which will require unwinding the multi-layered changes that were put into effect during the PHE.

This report examines key trends impacting hospitals and health systems in 2023, including:

  • Mega-mergers and FTC scrutiny
  • Dealing with distressed assets
  • Increased focus on value-based care
  • Pursuing investments and partnerships
  • Returning to pre-PHE operations

Charles R. Buck

Partner

Boston

Kerrin B. Slattery

Partner

Chicago

Ashley M. Fischer

Partner

Chicago

Patrick F. Healy

Partner

Boston

Travis Jackson

Partner

Los Angeles

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