The Impact of COVID-19 on Not-for-Profit Healthcare Systems

June 09, 2020 | Nat Kellogg, CFA, President

The onset of the global pandemic caused by COVID-19 has created substantial stress in the financial markets and the broader economy. Unlike the Global Financial Crisis (“GFC”), the current pandemic is a health care crisis that has had a much more direct and swift effect on all of our hospital clients’ operations and financial positions. The following newsletter represents Marquette’s key observations regarding the current operating environment for the not-for-profit (“NFP”) hospital sector, as well as an outlook for the remainder of 2020.

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The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.