Thriving Post-Reset: Payer-Provider Partnerships After the Pandemic
In the pre-pandemic era, payer-provider partnerships were often focused on creating value by managing costs of care and delivering high-quality care. In today’s more challenging macro-economic environment, these conversations are becoming more direct and practical, with both payers and providers asking hard questions.
Downgrades and the Rating Sword of Damocles
The number of not-for-profit hospital rating downgrades has escalated in 2023, suggesting that benefit of the doubt is running out. Hospitals will need to go the extra mile when preparing material for their rating agency meetings.
Emerging Risks to the Medicare Advantage Market
Medicare Advantage has been a tremendous growth story in recent years. Today, however, new risks are emerging from both providers and regulators that could stall and perhaps even reverse the growth strides health plans have made in the MA market.
Comments on Current Management Issues in the Healthcare C-Suite: “Culture Eats Strategy for Breakfast” But Probably Not Right Now
Hospital leadership faces an undeniably hard challenge: regaining financial stability, finding a relevant post-Covid competitive vision, and energizing teams with a renewed sense of purpose. But fighting back is the hospital job of the moment.
Thoughts from Ken Kaufman
National Hospital Flash Report: August 2023
Hospitals’ financial performance worsened in July as volumes fell, but margins remain improved from 2022. The median Kaufman Hall Calendar Year-To-Date Operating Margin Index reflecting actual margins was 1.3% in July.
External Capital Formation in a Higher Rate Environment
After years of monetary tingle, a more restrictive stance from the Federal Reserve is creating a chill. A sustained higher interest rate environment may require finance teams to rethink external capital formation strategies.
Creating a Responsive Balance Sheet
In this webinar hosted by Russell Investments, Thomas Jefferson University’s SVP and Chief Investment Officer Alfred Salvato describes the benefits of implementing a strategic resource allocation framework across the organization’s balance sheet assets.
Financial Reserves and Strategic Financial Planning
Financial reserves are essential to the sustainability of any college or university. Integrating reserve goals to strategic planning through development of a strategic financial plan helps ensure that sufficient reserves will be available to meet the institution’s needs.
Inside Rating Committee: Five Things to Know
The rating committee is central to the rating process: all rating decisions are made by the committee, not an individual. In her new blog, Lisa Goldstein identifies five things to know about what happens in a rating committee.
Thoughts About a Governance Downgrade
Fitch Ratings recently downgraded the United States’ long-term rating. Healthcare confronts a different manifestation of the same pressures confronting the U.S., and the lesson for leaders is that governance and planning systems matter.
Comments on Current Management Issues in the Healthcare C-Suite: Hospital Strategy and Planning in Times of Financial Challenge
During times of financial challenge, hospitals tend to aggressively cut back on both planning and the execution of overall strategy. But is this the right road for hospitals to take at this time?
Thoughts from Ken Kaufman