Fourth quarter marks new start for health enterprises revival plans

Altered income cycles, movement restrictions and fear of visiting health facilities all have curtailed demand for healthcare in 2020. FILE PHOTO | FOTOSEARCH

Financial planners and budget makers in many institutions are summing up the last columns of their annual budgets for the 2021 financial year.

Save for a few healthcare industry entities, the stories replicated across many of our enterprise are all not encouraging. It has been that year where reserves are eaten into, historic losses declared, budgets adjusted mid-stream and then readjusted just to close the year.

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Note: The results are not exact but very close to the actual.