Helping Healthcare and Life Sciences organizations work together to meet the unprecedented challenges of a rapidly changing landscape to establish clarity, emerge with strength, and inspire the future of business.
Digital Insights, a publication of the Association of Healthcare Internal Auditors, authored by KPMG’s Karen Vangyia, Wayne Cafran and Jerod Holloway. The article offers a rapid response plan for healthcare internal auditors to address COVID-19 risks to healthcare systems, highlighting challenges such as liquidity and lost revenue, workforce strategy, cybersecurity and the supply chain.
KPMG hosted a Webcast in April (COVID-19 Disruption in Life Sciences: Tax, Trade and Value Chain Implications), which outlines some of the tax challenges facing the life sciences sector in response to COVID-19 and changes tied to the CARES Act.
Key findings from the poll of 1,500 attendees of the Webcast include:
What aspect of the COVID-19 disruption is expected to have the biggest impact on your company’s operations?
What impact do you expect COVID-19 to have on your transfer pricing?