Healthcare and Wellbeing Payment Performance Dips Slightly: 2020 Score of 65.3 Falls to 63.7 in 2021

The Comparison

• 2020: A sample of 75 companies in the Healthcare and Wellbeing sector achieved an average payment performance score of 65.3 out of 100.
• 2021: A slightly smaller cohort of 69 companies recorded an average score of 63.7 out of 100.

What This Means

The observed decline of 1.6 points suggests a marginal weakening in payment practices within the sector between 2020 and 2021, though not statistically significant given the small sample sizes and relatively small change. While a decrease is present, it is vital to consider external factors that might have been in play. Consider using this late payment calculator if you're having difficulties collecting payments.

Payment performance in Healthcare and Wellbeing: average score decreased from 65.3 (75 companies) in 2020 to 63.7 (69 companies) in 2021.