PNC's
Healthcare Matters

Make informed decisions and maximize your business with perspectives on leading financial issues from PNC professionals

A Note From Brian Kelly, Head of PNC Healthcare

Brian Kelly

As we close out the third quarter of 2025, our PNC Healthcare team evaluates the latest in the healthcare ecosystem. The sector continues to face policy shifts regarding the recent tax and budget bill, with industry participants preparing for significant changes to reimbursement in the coming years.

Our healthcare clients are navigating persistent labor shortages, rising acuity and evolving care models, while accelerating AI adoption to streamline operations. These industry dynamics are making our advisory engagements more critical than ever.

Within this newsletter we cover:

  • How health systems create efficiencies and drive down costs by embracing cashless billing
  • A deep dive into healthcare M&A activity, with commentary from PNC Healthcare leadership
  • PNC’s Corporate Healthcare Index, examining 40 of the top public companies driving healthcare industry activity

Healthcare Matters

Fall 2025 Issue

Medical Facilities Embrace Cashless Billing for Faster, Smarter Payments


U.S. health systems are adopting cashless billing to streamline payments, reduce admin burden, and improve the patient financial experience.
 

Mergers and Acquisitions in Healthcare: Analysis and Perspective

 
Healthcare M&A in 2025 faces headwinds from tariffs, policy shifts, and cautious capital deployment amid lingering optimism.

PNC Corporate Healthcare Index: Q3 2025

 
Learn more about trends in – and the performance of – the healthcare industry in this quarterly index from PNC Healthcare.
 

Past Issues - eNews Archive

Healthcare Industry Contends with Federal Headwinds
In this mid-year outlook, PNC Healthcare examines how the outcomes from federal policy decisions are likely to shape the healthcare landscape.

PNC Healthcare Provider Survey
Read what’s top of mind for providers as they navigate opportunities and uncertainties across the healthcare landscape.

Strategies and Insights to Overcome Healthcare Labor Challenges
Labor shortages are significantly impacting healthcare systems from patient care delivery to staff morale and operational efficiency. Learn effective solutions to recruit and retain talent, enhance employee wellness and improve operations.

Pharma and Life Science Firms simplify cross-border payments with FX Netting
FX Netting offers pharmaceutical firms a smarter way to manage foreign exchange risk and may help increase financial efficiency.

Optimizing Payables for Healthcare Providers: A Strategic Approach
Learn how organizations can optimize accounts payables to help improve cash flow, reduce processing costs and strengthen supplier relationships.

Healthcare Investment Management: Strategies for 2025
Prepare for the future of healthcare investment management. Learn how to navigate challenges and leverage opportunities in the healthcare sector.

The 2025 Health Insurance Industry Outlook
As 2025 unfolds, health insurers will be focused on managing through mounting external pressures as well as key strategic opportunities.

PNC Corporate Healthcare Index: Q1 2025
Learn more about trends in – and the performance of – the healthcare industry in this quarterly index from PNC Healthcare.

Health Insurers: Navigating the Turbulence
Despite the challenges of higher medical costs and regulatory pressures, the healthcare industry maintains a favorable outlook.

2024 PNC Corporate Healthcare Index
Through a non-traditional lens, PNC’s Corporate Healthcare Index examines industry performance and trends across the entire healthcare ecosystem.

The Reports of “MA” Death are Greatly Exaggerated
PNC Healthcare uncovers the key trends impacting Medicare Advantage and what they could mean for consumers and providers.

PNC Healthcare 2024 Mid-Year Outlook
PNC Healthcare provides a mid-year update on forces and trends shaping the industry and the outlook for the remainder of 2024.

Turning the Corner: Healthcare Providers Look for Stability in 2024

Health systems and hospitals ranked their top three short-term and long-term concerns.

Captive Insurance Offers Greater Control for Healthcare Companies
Organizations are using captive insurance / self-insurance programs to customize their coverage, control expenses and maximize success.

Examining the Healthcare Industry Evolution Amidst Financial Instability Why Relationships Matter
Discover how the continuously changing healthcare landscape presents opportunities for strategic growth in the wake of macroeconomic challenges.

Accounts Receivable Securitizations for Pharma & Life Sciences Companies
In many cases an accounts receivable securitization can deliver interest rate savings relative to other sources of debt financing, and proceeds can be used for any corporate purpose.

How Financial Wellness Benefits May Help Retain Healthcare Talent
Amid a tight labor market, non-traditional employee benefits such as student debt assistance may help alleviate attrition in nursing and other fields.

Healthcare Organizations and Banking: Why Relationships Matter
PNC's Brian Kelly offers insights about the importance of a strong relationship between a healthcare organization and its bank.

PNC Claim Predictor Uses AI to Help Improve Healthcare Operations
PNC software powered by machine learning and artificial intelligence helps healthcare providers prevent lost revenue and streamline processes.

The Economic Concerns of Healthcare Providers
COVID-19 Subsides, but Symptoms Persist: What Providers Are Saying.

Retirement Benefit Strategies in Healthcare
Competition for top talent is not a new phenomenon. Recruit, reward and retain – read what retirement benefit strategies may work for your healthcare organization.

Tackling Healthcare’s “Last Mile” of Interoperability
Through our investment in blockchain-enabled Avaneer Health, PNC is helping to create real, fluid data interoperability to overcome data-flow inefficiencies and improve patient satisfaction.

Captive Insurance Opportunities for Healthcare Organizations
Wholly owned by a noninsurance company, a captive offers potential tax savings, cost control, additional income and improved risk management.

Investment Policy Statements for Healthcare Organizations
Learn how a well-drafted investment policy statement can guide organizations through the uncertainties of a challenging investment environment.

Help Unlock the Full Financial Potential of Health Savings Accounts
As High Deductible Health Plans become more popular, knowing the opportunities provided by an HSA can help benefit employees and employers alike.

Do Credit Ratings Matter? Simply Put, Yes.
Although influenced by biases, credit ratings can and do affect healthcare organizations. See what these organizations can do to receive better ratings.

Do Relationships Really Matter?
A conversation with Brian Kelly reveals that PNC views a banking relationship as no different from a strong, healthy personal relationship that requires work on the part of both parties to build and grow. It’s a two-way street.

The Value of a Holistic Approach to Investment Management for Healthcare Providers
Demand for health services continues to rise steadily, with spending becoming an increasingly larger portion of national expenditures.

Confronting Investment Management Challenges for Healthcare Organizations
Today’s challenging healthcare environment places greater demands on the investments you make to support your mission. Here are some practical tips to help you harness your resources and overcome common problems.

How to Maximize Returns on Your Physician Integration Strategy
As the industry moves towards a value-driven care delivery model, health systems and physicians are integrating to deliver an improved patient experience and ultimately improve quality and value.  These strategies come with a cost but can be managed to meet the needs of all stakeholders. 

Insights

Stay current on the latest industry trends and insights with PNC Healthcare

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PNC 2026 Business Outlook: Unlocking Stability in the Year Ahead

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PNC Healthcare serves companies with over $10 million annual revenue, find how our experience in healthcare can help serve your organization’s needs

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