Most CFOs are forecasting only moderate increases in revenue and profit for 2020, according to a survey from accounting firm BDO.
For its survey "Treating Healthcare Distress," BDO asked 100 CFOs at provider organizations about their financial predictions for the next 12 months and whether revenue and profit will increase or decrease.
Here are seven possible financial outcomes BDO presented and the percentage of CFOs who said they expect the outcome:
51 percent or more increase in:
Revenue: 10 percent
Profit: 5 percent
26-50 percent increase in:
Revenue: 13 percent
Profit: 9 percent
10-25 percent increase in:
Revenue: 27 percent
Profit: 24 percent
1-9 percent increase in:
Revenue: 37 percent
Profit: 36 percent
No change in:
Revenue: 10 percent
Profit: 19 percent
1-9 percent decrease in:
Revenue: 3 percent
Profit: 6 percent
10-25 percent decrease in:
Revene: N/A
Profit: 1 percent
Review the full survey here.
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