The utilization of working capital options is on the rise for healthcare Progress Corporates. In 2024, 97% of trade Progress Corporates utilizing at the very least one such answer, a rise of 51% yr over yr. The choice for on-demand options — reminiscent of company and digital playing cards and financial institution traces of credit score — has surged 285% and 92%, respectively.
Essentially the most environment friendly Progress Corporates in healthcare leveraged versatile and strategic working capital options. Consequently, they achieved $8.6 million in bottom-line advantages from lowered curiosity, stock carrying prices, and provider reductions. These prime performers have a tendency to make use of working capital strategically. For instance, they coated deliberate money move gaps associated to predictable enterprise cycles and invested in enterprise progress.
The “2024-2025 Progress Corporates Working Capital Index: Healthcare Knowledge Transient,” a PYMNTS Intelligence factsheet commissioned by Visa, examines a pattern of companies that assist drive regional and world economies and the working capital options obtainable to help their progress. Total, we surveyed 1,297 CFOs and treasurers throughout eight trade segments, 5 world areas and 23 nations. This information temporary shares insights from 175 CFOs and treasurers within the healthcare trade.
“2024-2025 Progress Corporates Working Capital Index: Healthcare Knowledge Transient” offers a hen’s-eye view into:
Examples of working capital efficiencies
Insights into how healthcare Progress Corporates are deploying working capital strategically versus tactically
The highest working capital options used amongst these Progress Corporates
