Hospitals can only survive long-term with public funding
Hospitals can only survive in the long term with public funding
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: 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.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
Spitäler überleben längerfristig nur mit öffentlichen Geldern
Original
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.
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 was only 1.8% in 2023.
Only 14 of the institutions surveyed reported any profit at all. Extrapolating this data to the entire hospital landscape, KPMG estimated a total loss of CHF1 billion.
More
More
Healthcare costs: should Swiss hospitals clamp down on expenses?
This content was published on
Many Swiss hospitals are making considerable losses, require millions in aid and have to cut services. Join the discussion on “dialogue”.
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Culture
Documentary portrays Swiss teenagers forced to return to parents’ homeland
Should raw milk sales be banned or should consumers decide?
Swiss food regulations do not allow raw milk to be sold for direct consumption. However, a loophole allows 400 raw milk vending machines to do just that.
Swiss university graduates are popular hires worldwide
This content was published on
Graduates of Swiss universities are popular with international employers, according to the Global Employability University Rankings.
French cross-border workers in Switzerland fear ‘discriminatory’ unemployment reform
This content was published on
In the French region around Geneva, cross-border workers are protesting proposals to cut unemployment benefits for those working in Switzerland.
Swan infected with bird flu in central Switzerland
This content was published on
Switzerland has reported its first bird flu case of the season. A swan found dead in central Switzerland tested positive for the H5N1 virus.
Swiss researchers identify gene variants linked to cancer progression
This content was published on
ETH Zurich researchers explored genetic mutations’ effects on cell function and their role in cancer development and treatment using CRISPR/Cas techniques.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.