Coronavirus Updates: Healthcare

What Is Your Subscription Bundle?

We can expect that as new entrants continue to encroach on the healthcare space, they will apply the principles of the Product Age and the subscription business model.

Thoughts from Ken Kaufman

What Hospitals and Health Systems Can Expect from the Biden Administration

Responding to the COVID-19 pandemic will be the immediate concern of the incoming Biden administration. But with vaccinations now underway, other issues likely will gain attention during President-elect Biden’s first year in office. Read more.

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Amazon, Shopify, and Telehealth

The Shopify platform means that virtually anyone can be a retail entrepreneur. And a Shopify-style option for hospitals may mean that almost any hospital can offer some level of telehealth services.

Thoughts from Ken Kaufman

Observations on Management

Healthcare organizations have rotated toward a transactional operating platform because that platform is highly correlated to efficient operations, consistent levels of clinical care, and excellent financial performance.

Thoughts from Ken Kaufman

Coronavirus Updates and Analysis - 12.2.20

A grim winter and hope for the spring: hospitals confront a COVID balancing act As of this writing, more than 96,000 Americans are currently hospitalized with COVID-19, the highest...

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COVID and Consolidation in the Provider Space

Many of us have questions surrounding possible consolidation of the provider space post-COVID. Read the Thoughts from Ken for details about what we could expect.

Thoughts from Ken Kaufman

Coronavirus Updates and Analysis - 11.18.20

This week, the number of U.S. patients hospitalized with COVID-19 surged beyond 73,000, the highest level recorded since the start of the pandemic. Read more.

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The State of Play

In a pandemic of uncertain intensity and duration, what is now the appropriate direction for a complex healthcare organization? Read more.

Thoughts from Ken Kaufman

Outwitting Uncertainty

Healthcare organizations have relatively little control over the external forces buffeting them. Read the 4 strategy pivots healthcare leaders can take.

Article

Physician Flash Report: October 2020

The Physician Flash Report features real-time physician production, compensation, and operating expense data that is updated quarterly. Read more!

Research Report

National Hospital Flash Report: October 2020

The nation’s hospitals continue to face an uncertain operating environment, with margins fluctuating from month to month. Read more in this month's report.

Research Report

Consumer-Driven Pricing: The New Strategic Imperative

Successful consumer-driven pricing strategies are predicated on understanding and meeting consumer demand—with the end goal of delivering the right care at the right place and the right price.

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2020 State of Healthcare Performance Improvement Report: The Impact of COVID-19

For the past 3 years, we've surveyed hospitals and health systems on their performance improvement and cost transformation efforts. This year, these efforts met an historic challenge with the COVID-19 pandemic.

Research Report

Charting a Path to Resiliency in Uncertain Times

Hospitals and health systems have absorbed the initial shock of the COVID-19 pandemic, yet they continue to face multiple unknowns. Learn how to build resilience.

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A Real Estate Strategy for Hamburgers and Healthcare

The COVID pandemic has demonstrated the value of McDonald’s real estate strategy. Learn how this applies to healthcare in 2020 and beyond.

Thoughts from Ken Kaufman

Amazon As a Mind Flayer

What does Amazon have in common with the Mind Flayer? What does this mean for the healthcare industry, and how should executives respond?

Thoughts from Ken Kaufman

The Multitasking Enterprise

Hospital leaders have been responding to what will likely be the biggest challenge of their careers. Read more.

Thoughts from Ken Kaufman

The Effect of COVID-19 on Hospital Financial Health

Few organizations can maintain themselves for an extended period when total expenses are greater than total revenues. Read more in our report.

Research Report

A Conversation with Jim Collins

What personal and organizational characteristics would separate winners from losers during and after the COVID pandemic? Read the 4 principles that apply to healthcare leaders.

Thoughts from Ken Kaufman

COVID-19 and Black Lives Matter Lay Bare the Need for Healthcare Change

Data have long told a story of racial disparities in quality of care and in rates of morbidity and mortality from cancers, heart disease, and maternal and child health.

Thoughts from Ken Kaufman

Strategic Planning in the Era of COVID-19

During the chaos of COVID-19, strategic planning is an urgent priority. Waiting for the dust to settle is not an option. Organizations need to move quickly to model possible scenarios...

May Data Show First Signs of Hospitals’ Financial Recovery

Hospitals and health systems across the country began to see signs of financial improvement in May following two brutal months of poor margin. Read more.

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Rightsizing the Ambulatory Real Estate Footprint for a New Healthcare Environment

The shift from inpatient and hospital-based services to the ambulatory and virtual setting will continue, increasing the demand for local access to specialty. Read more.

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New Survey: Consumers Growing More Comfortable with Returning to Hospitals

Within the past two months, concern about COVID-19 has waned, fewer consumers say they are delaying medical care. Read more of the latest stats.

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Executive Strategies for the Post-COVID Era

Forward-looking senior executives are taking smart steps now to get through the "fog of war" to healthcare’s “whatever comes next.” Read their thoughts on recovering post COVID-19.

Thoughts from Ken Kaufman

Modeling Assumptions to Consider in 4 Different COVID-19 Recovery Scenarios

he recovery planning process from COVID-19 requires healthcare leaders to coordinate assessment, forecasting, modeling, and more. Learn why financial planning software is critical.

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New Partnership Opportunities for Health Plans and Physician Practices

The COVID-19 crisis might accelerate a trend in recent years toward new or enhanced partnerships between health plans and providers. Read more.

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The Financial Impact of COVID-19 on California Hospitals

The COVID-19 crisis has caused dramatic financial harm to California hospitals. Read more about the decline in discharge volumes and the net loss in revenues.

eBook

Getting Hospitals Back to their Fighting Weight

The more we learn about the revenue shock that hospitals are experiencing from COVID-19, the clearer it becomes that recovering from that shock will require a rethinking of hospital operations. Read more.

Thoughts from Ken Kaufman

The Balance Sheet Imperative

With every day we move further away from the crisis end of the COVID-19 experience. There is still tremendous uncertainty and we are a long way from “normalization,” but it is increasingly possible and important for organizations to anticipate stabilization.

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When Will Patients Return?

A critical determinant of demand will be consumer willingness to return to hospitals and clinics. When can hospitals and on-site healthcare practices expect that to be? Read more.

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Redesigning Care Delivery for a Post-COVID World

Care delivery redesign strategies for the post-COVID era should be developed with multiple goals in mind, including developing a leaner business model that maximizes resources. Read more.

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COVID-19 Demand Modeling for Hospitals

As hospital and health system leaders grapple with the immediate implications of COVID-19, they also need to determine how and when to bring back currently idled services and prepare for the “new normal” of the post-surge environment.

eBook

Strategic Options in the Wake of COVID-19

For hospitals & health systems, there is no going back to the past. Setting the strategic course requires an unshackled assessment of what the new landscape could look like. Read more.

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Respond, Recover, and Reimagine

In chaotic times, when good ideas are hard to come by but more important than ever, executives need to find inspiration wherever they can.

Thoughts from Ken Kaufman

COVID-19 Recovery: Paths Forward for Hospitals and Health Systems

For hospitals and health systems, post-COVID-19 recovery, survival, and success will require a highly complex cycle. Download our eBook to learn more.

eBook

Physician Group Update: Bridging the Distance to a Post-Pandemic Environment

New Kaufman Hall research on how the COVID-19 pandemic has affected consumer attitudes illustrates the dilemma which many physician groups face today. Read more!

Article

COVID-19 Recovery Financial Planning

For hospitals, COVID-19 has created an unprecedented environment of financial upheaval and uncertainty. The path to recovery begins with a plan. Read our eBook for more information.

eBook

The CFO’s Evolving Role Amid COVID-19: Healthcare’s “new normal” will bring all-new leadership expectations

In addition to dealing with the immediate financial needs and fallout of the crisis, healthcare finance leaders must find ways to close major budget gaps and develop sophisticated plans for financial recovery.

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COVID-19: No Time for Innumeracy

The most dangerous fallacy about fighting the financial effects of COVID-19 is that it’s necessary to wait for the current uncertainty to clear before developing the financial foundation of an essential recovery plan. Read more.

Thoughts from Ken Kaufman

Ways to Track Data Changes During COVID-19

Over the last few weeks, we’ve had many conversations with clients about changes to the data they’re tracking during COVID-19. Read more.

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A New Approach to Telehealth Strategy: Planning for the Pandemic and Beyond

Since the onset of the COVID-19 pandemic, Americans have rapidly pivoted away from in-person interactions and embraced remote, digitally-enabled alternatives. Read more about the role of telehealth.

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Healthcare Finance Leaders Pivot Quickly to Develop COVID-19 Strategies

Despite the coronavirus outbreak, healthcare finance leaders are working tirelessly to ensure their hospitals and health systems have the resources they need to navigate through the...

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Healthcare’s Post-Pandemic Now, Near, and Far

In recent years, we have written extensively about disruptions in healthcare, including the profound disruptions of the internet economy, the rise of consumerism, and the threat of new...

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COVID-19 Could Bring Demand-Side Disruption

For all of Jeff Bezos’ talk about customer centricity, the disruption Amazon has brought is not based on customer demand, but on Amazon’s supply. Read more Thoughts from Ken, Chair of Kaufman Hall.

Thoughts from Ken Kaufman

Demand Modeling for Hospitals Post COVID-19

Understanding potential scenarios and monitoring progress across multiple factors will help hospitals and health systems make initial decisions about reviving shuttered service lines. Read our guide.

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Rolling Forecasting Through COVID-19 Upheaval

The COVID-19 pandemic has presented hospitals with the most tumultuous forecasting and budgeting situation imaginable. Learn how rolling forecasting can help.

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Meeting the Demand for Business Analytics: What’s Being Asked of Finance to Support COVID-19 Preparation and Treatment Efforts

As the COVID-19 situation continues to change and evolve, there’s an ever-increasing demand on analytics to minimize uncertainty, inform the business of healthcare, and support caregivers on the front lines. Read more on what our clients say is pivotal.

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COVID-19 and a New Financial Perspective for Hospitals

The central financial planning challenge for hospitals during this COVID-19 crisis is dealing with the immediate threat to their financial viability. Read more.

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Pandemics, Health Care, and a Responsibility to Society

The path forward through the pandemic will be the byproduct of shared national commitment and sacrifice, not through a “me first”/personal freedom approach. It requires a stress on values and a recognition that indeed, there is something larger and more important than one’s self.

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