A frozen capital market and an insurance premium shock: 10 health care predictions for 2023 from top investors

Key Facts

• We are pleased to share what we see in our still murky, and materially more dinged-up, crystal ball for 2023.
• This caused a sudden end to…well, just about everything: growth financings, IPOs, and frothy mergers and acquisitions (M&A). What we thought could have been a very successful 2022 IPO class will have to wait until the markets improve.
• FED WILL RAISE RATES TO 5.5% OR HIGHER We predict that the Fed is going to avoid undershooting on interest rates and opt for what they think will be a shorter recession now, as opposed to the risk of protracted stagflation later.
• Even in the face of real efforts by both Amazon and Apple, we are doubling down on our 2022 evergreen prediction that “Big Tech will continue to be terrible at health care.”

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