News Headlines Article

Health systems eye new projects as confidence increases
Modern Healthcare

Healthcare providers plan to increase the amount they’re spending on new infrastructure, information technology and other projects as the economy and their finances improve. But the scope of these projects likely will remain small and will be funded by cash and investments rather than new debt, a new report found.

A total of 53% of healthcare providers surveyed by credit rating agency Fitch Ratings indicated that they plan to increase capital spending over the next five years, up from 45% in 2012. Moreover, only 17% of survey respondents expected their capital expenditures to decrease compared with 19% in 2012.