Investment in technology depends on the financial status of your organization, says this CNO.
On this episode of HL Shorts, we hear from Keri Brookshire-Heavin, senior vice president, chief nursing officer, and chief operating officer at Phelps Health, about making the pitch for technology and innovation in a rural healthcare setting. Tune in to hear her insights.
G Hatfield is the CNO editor for HealthLeaders.
KEY TAKEAWAYS
It is a challenge for rural health systems to find the budget room for new technologies and innovation when they are already operating on slim margins.
CNOs must partner with CFOs to communicate the needs, the vision, and the financial case for why a product or program may have cost upfront, and about the value it will bring in the long run.