Mark E. Lutes, Chair of the Firm’s Board of Directors and Member of the Firm in the Health Care & Life Sciences practice, in the firm’s Washington, DC, office, was quoted in the Washington Business Journal, in “What’s in Store for 2023? These D.C.-Area Business Leaders Offer Their Takes — and Resolutions.” (Read the full version – subscription required.)

Following is an excerpt:

Labor shortages, supply chain woes, talent wars and ongoing fallout from Covid-19 continued to plague businesses in 2022, but we asked local executives to grab their crystal balls and give us their top predictions for 2023.

Will this be the year we finally kick the pandemic to the curb? How will concerns of a shrinking economy and recession dominate decision-making? Where will most employees be working — from home, the office or will the kinks of hybrid work finally be smoothed out? And who are the new leaders we should be watching?

Read on to find out the biggest trends and storylines that local leaders will be tracking in the new year. And don’t worry, we’re not holding any of our fortune-tellers accountable for predicting any metaphorical black swan events — after all, who had “pandemic” on their bingo card in 2020?

Others go on to give us what their New Year's resolutions are for 2023, some personal, some professional, all ambitious.

Take a look at what they all said, edited for space and clarity.

Their predictions …

“Health care providers are struggling to maintain a margin despite high labor and supply costs. We understand that a number of health care companies will experience distress and we therefore expect to be busy.”

— Mark E. Lutes, Chair of the Board, Epstein Becker Green

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