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Shared Risk May Be Key to Future Growth Opportunities
COVID-19 has taken a catastrophic financial toll on health care providers, with an estimated $202.6 billion loss between March and June for hospitals alone. This precipitated a sectorwide downgrade by Moody’s and FitchRatings from stable to negative. Innovation within this context may mean more shared-risk opportunities vs. traditional vendorbuyer relationships, notes Andy Shin, chief operating officer for the AHA’s Center for Health Innovation, in a recent blog.