Monday, April 25, 2016

Healthcare execs confident on technology, bullish on finance

Hospital executives are backing technology and hope the healthcare industry will sustain to depend on healthcare IT going forward, in accordance to a new survey.


The execs are also optimistic about hospital finances, in accordance to the 2016 Middle Market Healthcare Outlook, issued today by CIT Group, a financial services firm.


"Technology is obviously seen as having a crucial – and beneficial – role within the healthcare industry," CIT Group concludes. At least eight in 10 executives consider customers should be – and are – utilizing technology to make better the quality and cost.


Healthcare executives demonstrated a positive outlook for the year 2016, with 71% hoping their revenues to increase this year and 55% planning to seek financing in the next 12 months.


"The majority of the surveyed healthcare executives remain optimistic, expecting similar growth to previous year in revenue, costs, volume and capital spending," stated William Douglass, group head and managing director, CIT Healthcare Finance.

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