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 STAT News, in “What to Expect from Hospitals and Health Insurers at This Year’s JPM Healthcare Conference,” by Tara Bannow and Bob Herman. (Read the full version – subscription required.)

Following is an excerpt:

Nonprofit hospitals often get overshadowed at the J.P. Morgan Healthcare Conference, the health care industry’s swankiest investor meeting whose agenda is dominated by drugmakers and biotech companies.

But hospitals are still the largest part of America’s health care economy, commanding nearly a third of the country’s $4.7 billion health care tab. And similar to last year, when hospitals touted their plans for expansion and hiking prices, they will have a rosy picture to sell to financiers as patients flock to their facilities.

STAT spoke with attorneys, analysts, and health care executives who are attending JPM’s event or are watching from afar. Even though some of the health systems presenting at the conference just lost hundreds of millions in 2023, expect a theme of cautious optimism for the coming year from hospitals, medical groups, health insurers, and the vendors who serve them. Each of these sectors is dealing with its own challenges — namely, high labor costs and a tighter regulatory environment — but that’s not likely to be emphasized in their presentations to investors. Instead, they’ll outline their plans for emerging stronger.

 “Hospitals want to have the debt markets understand that they have solid prospects going forward — that they can move beyond the recent challenges of staffing shortages and labor costs, and find ways to grow their margins,” said Mark Lutes, an attorney and board chair of the law firm Epstein Becker Green who will be attending this year’s conference.

Jump to Page

Privacy Preference Center

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.