Physical Health Payment Trends: 2020 vs 2021
Physical Health Payment Performance Dips: Average Score Declines 5.7 Points from 2020 to 2021
The Comparison
- 2020: 6 companies assessed achieved an average payment score of 70.7 out of 100.
- 2021: 9 companies assessed achieved an average payment score of 65.0 out of 100.
What This Means
While the number of companies assessed increased by 50%, the average payment score for the Physical Health sector experienced a noticeable decrease between 2020 and 2021. This suggests a potential weakening in payment performance despite a wider sample size, signalling potential operational or financial pressures affecting payments within the sector - use our late payment calculator to assess the impact. The drop is enough to cause concern in cash flow management.
One-line summary: Payment performance in Physical Health decreased from an average score of 70.7 (out of 100) in 2020 to 65.0 in 2021.
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