Rethinking Healthcare Economics: The Power of Advanced Practice Providers with Matthew Bates
On a new episode of The Healthcare Plus Podcast, host Quint Studer and Matthew Bates discuss the financial pressures facing healthcare industry leaders today and discuss strategic solutions to improve create alignment and improve margins.
What to Expect When a Consultant Call-in Report Is Required
In the event of a covenant breach, management typically must hire an independent consultant to identify areas for financial and operational improvement. Find out what a consultant call-in does and does not entail, as well as considerations for timing and implementation.
The Hospital Makeover—Part 2
The physician employment model is clearly broken and in need of a near-term fix. The critical question for health system leaders is how to reconsider physician employment within the hospital operating plan.
Thoughts from Ken Kaufman
Reevaluating Service Line Strategies in Light of Operational Realities
The many operational and financial headwinds that are buffeting health systems should prompt leadership teams to revisit the strategic direction, goals, and performance of their service...
National Hospital Flash Report: June 2023
Hospital finances showed signs of stabilizing in May amid slightly improving operating margins, declining expenses and notable increases in outpatient visits.
From Incremental to Multivariable Management
The challenges facing health system leaders today are so diverse, interconnected, and relentless that an incremental management approach won’t work. The best response is grounded in simultaneous and tightly integrated efforts across multiple areas of focus.
Financial Reserves and Credit Management in Higher Education
Issuance of tax-exempt debt is one of the most affordable ways for institutions to finance large capital projects. The affordability of debt is partly contingent on an institution’s credit rating, and unrestricted financial reserves are a significant component of that rating.
Summer 2023 Kaufman Hall Report: Strategic Alternatives for Health System Outreach Laboratories
The latest Kaufman Hall Report includes an inside look at the strategic alternatives for health system outreach laboratories—and key challenges and opportunities for health systems.
The Sky Is Orange and the Bottom Line Is Red
The maintenance of financial reserves is critical in rating committee during difficult times. Management teams that have outlined a credible plan to create financial durability and have built liquidity are best positioned for today’s harsh environment.
America’s Hospitals Need a Makeover
In an environment unlike anything any of us have experienced, regaining financial equilibrium will require a comprehensive view of our organizations and environments and an openness to an outcome in which we do things very differently.
Thoughts from Ken Kaufman
Partnerships Go Bold as Organizations Face New Challenges
At a transformational moment for not-for-profit healthcare, recent trends in partnerships, mergers, and acquisitions indicate that hospitals and health systems are exploring increasingly bold strategies to meet new challenges.