Hospitals can only survive long-term with public funding

Swiss hospitals are expected to accumulate losses amounting to CHF1 billion ($1.13 billion) by 2023. The majority will not achieve the necessary margin to finance investments and are reliant on an implicit state guarantee. +Sign up to get the most important news from Switzerland directly in your inbox According to a KPMG study, 68% of the CFOs from 48 hospitals, including psychiatric and rehabilitation clinics, indicated that they assume an implicit state guarantee. The study was first reported by the newspaper "Neue Zürcher Zeitung" (NZZ) on Saturday and is also available to the Keystone-SDA news agency. +Swiss politicians agree that healthcare system has to change – but how? The guideline suggests that earnings before interest, taxes, depreciation, and amortisation (EBITDA) should be at 10% to finance investments. This target was only just met by rehabilitation clinics. The "Clarity on Healthcare" study by the consulting firm revealed that the EBITDA figure for other hospitals ...