Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
Ubbing says that over the long term, hospital administrators "must have their facility at its maximum possible value-added, so that everything you do to reduce costs and gain efficiencies and everything else is not a wasted transaction, no matter how the future unfolds."
"You want to be in a position to be negotiating for a buy-out or whatever at an advantage, where you are bringing value- added as opposed to a bailout kind of transaction," she says. "You have to do the same thing for either one of those outcomes down the line, and that is certainly something we consider."
Despite the threat of lower inpatient volumes and reimbursements, Ubbing and Maurice both remain upbeat about the future.
"There are always opportunities," Maurice says. "We do feel we have a lot of opportunities to manage effectively and provide high-value care in our communities."
John Commins is a senior editor with HealthLeaders Media.
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