The financial impact of COVID-19 on health systems and how CFOs are responding
Bede Broome
In McKinsey’s Health System Financial Resilience Survey, CFOs and finance executives of health systems indicated that they are expecting a dramatic impact on both operating margin and cash flow. Beyond the devastating humanitarian impact inflicted by the COVID-19 pandemic, the economic impact on healthcare systems is, and is expected to continue to be, significant. CFO’s and finance executives of health systems indicated that they are expecting a dramatic impact on both operating margin and cash flow. Read more