Coronavirus Updates: Healthcare

Hear from rating agency experts on the COVID-19 pandemic’s continued impact on hospitals and their perspectives on the industry’s recovery.

The healthcare gyroscope is a delicate combination of management, governance, and medical attitudes and processes that keeps all complex healthcare organizations functioning in a way that serves the best interests of its patients and associated communities.

In this recording we hear John Murphy, MD, President and CEO, Nuvance Health, explore key strategic considerations for hospitals and health systems coming out of the COVID-19 pandemic, including the future outlook for hospital volumes, innovations in the delivery of care, and other key financial and operational decision points.

If the pandemic has taught us anything, it is that healthcare organizations must build resiliency to withstand the shocks that may come their way and be in a position to pursue the opportunities that rapid and significant change can create.

C-suite leaders discuss some of the disruptors that hospitals and health systems face as the industry grapples with the effects of the pandemic and strategies to evolve and address the challenges ahead.

In this recording we hear Judy Rich, RN, MSN, President and CEO of Tucson Medical Center (TMC) in Arizona, discuss the devastating toll of the COVID-19 pandemic on TMC’s employees and the steps the system has taken to support them.

Hospitals and health systems across the country continued to see gains in April compared to devastating losses in the early months of the COVID-19 pandemic.

In this roundtable, Kaufman Hall discusses the post-pandemic outlook with CEOs of two health systems that share three characteristics: sound balance sheets, relative geographic isolation, and operating revenue of near $1 billion.

In this issue of the Kaufman Hall Report, we discuss the potential ongoing effects of COVID-19. Kaufman Hall projects hospital margins could be down as much as 80% and revenues down as much as $122 billion in 2021 compared to pre-pandemic levels.

A very interesting short article recently appeared in The New York Times that explored the COVID phenomenon of “languishing.” The author defines languishing as “the collective fog we...

A focus on resiliency requires blending vertical and horizontal perspectives on components of an organization’s portfolio of clinical services and strategic initiatives.

For California’s hospitals, financial health is absolutely necessary in order to deliver needed services to communities, to maintain facilities, to invest in new services and...

U.S. hospitals and health systems saw mixed performance in March as national COVID-19 metrics plateaued early in the month before climbing steadily again with increased spread of COVID-19 variants, rising travel rates, and further lifting of pandemic-related restrictions in many states.

In this recording we hear from John Daniels, Jr., Chairman of the Board, Advocate Aurora Health and Chairman Emeritus of Milwaukee-based Quarles & Brady law firm. He explores the societal lessons from the tumult of 2020, how addressing racial and ethnic healthcare disparities benefits all Americans the progress of national vaccination efforts.

As the COVID-19 era enters its second year, the hospitals and health systems that have served on the pandemic’s front lines continue to confront high levels of operational and financial...

On this episode Michael Peregrine and Ken Kaufman discuss a number of important post-pandemic developments for the board to consider.

Volatility driven by COVID-19 rocked physician practices throughout 2020, causing declines across key performance metrics compared to pre-pandemic levels, according to the latest issue of Kaufman Hall’s Physician Flash Report.

For many hospitals and health systems around the country, COVID-19 threatens to create long-term negative changes to volumes, revenues, and margins on top of the pressures that weighed on hospitals even before the pandemic.

One year ago, Q1 2020 was closing with an emerging awareness of the pandemic that was about occur. The quarter ended with a relatively high number of announced transactions, but with very few large transactions, leaving average seller size by revenue at just $172 million for the quarter.

As the second year of the pandemic continues, health systems are preparing for an uncertain future trajectory while continuing to care for patients impacted by COVID-19.

In this recording we hear from Roy Hawkins, Jr., SVP and CEO of Jackson Memorial Hospital in Miami. He discusses efforts to achieve widespread community vaccination, and his approach to guiding his organization through the continued financial and operational fallout from COVID-19.

One year into the COVID-19 pandemic, health system leaders continue to confront an extremely volatile operating environment.

For America’s hospitals, positive margins create the ability to invest in new facilities, treatments, and technologies to better care for patients, and to build reserves to be ready for a future made highly uncertain due to the effects of the COVID-19 pandemic.

February 2021 was another challenging month for U.S. hospitals and health systems, as margins were affected by continued low outpatient volumes combined with declining inpatient volumes following January’s record-high COVID-19 hospitalizations.

In the roughly 12 months since the COVID-19 pandemic emerged, America’s hospitals have borne a huge amount of the pressure and accountability for managing the effects of an unknown and unpredictable virus, and more recently for the complex process of disseminating vaccines.

In business, resiliency measures a company’s ability to weather each of the three stages of dislocation: the shock of initial crisis, the fight for stabilization, and the transition to normalization. For not-for-profit hospitals and health systems, the COVID-19 pandemic represents an unprecedented assault on the core business model.

In this recording we hear from Bea Grause, RN, JD, President of the Healthcare Association of New York State (HANYS). She shares the challenges New York hospitals and health systems face in the second year of the COVID-19 pandemic, and emerging strategies for thriving amid ongoing volatility.

In 2020, COVID-19 undermined our nation’s health and severely tested our hospitals and health systems. At the same time that a series of spikes in COVID-19 cases and hospitalizations...

Hospitals and health systems had a difficult start to 2021 as declining volumes, falling outpatient revenues, and rising expenses contributed to significant January margin declines. The ongoing effects of COVID-19 propelled January’s poor results, but it was a mixed month in terms of COVID-19 metrics.

In this issue of the Kaufman Hall Report, Kaufman Hall Chair Ken Kaufman discusses insights from the circumstances that enabled Becky Hammon to become the first woman to act as head coach during an NBA regular-season game, and the promotion of Kim Ng as General Manager for the Miami Marlins.

A Special Edition Governing Health Series This episode - the first in our new Governing Health special edition series - features Ken Kaufman, Co-Founder and Managing Director of Kaufman...