Capital One released a survey on the state of the healthcare industry, finding executives are more optimistic than ever.
Capital One surveyed 123 CEOs, CFOs and other senior healthcare executives in September.
Here's what you should know:
1. Most healthcare executives (72 percent) said business performance was better in 2018 than in 2017. Only 28 percent said performance was the same.
2. Forty-two percent said merger and acquisition activity will increase in the next year,and 48 percent said it will stay the same. Only 10 percent predict M&A activity will slow.
3. Concerning future growth, executives tabbed a number of key areas for growth in the next 12 months:
- Healthcare information technology: 46 percent
- Home, health and hospice: 31 percent
- Assisted living and skilled nursing: 8 percent
- Insurance providers: 8 percent
- Pharmaceuticals: 6 percent
- Medical devices: 3 percent
4. Value-based care is still finding its footholds. Sixty-two percent of executives said they're just beginning to transition to value-based care, 21 percent said they're halfway there, 6 percent said their transition is nearly complete and 2 percent said they're fully transitioned.