Following the first surge of the COVID-19 pandemic, hospitals and health system executives are facing financial and operational challenges that will require effective solutions but also offer the opportunity to implement protocols that could lead to greater efficiencies and drive value.
In this HealthLeaders Roundtable, the panel details the forward-looking budgeting process in a post-pandemic landscape, diversifying the capital investment portfolio, the future of telehealth, and how the impact of widespread unemployment will impact on each organization’s...
Most revenue cycle leaders have long wish lists of initiatives to modernize and optimize operations. Yet revenue cycles often spend their limited energy, time, and resources on maintaining day-to-day operations. When change does come, it comes slowly, with new projects taking months or even years to implement. The COVID-19 pandemic has proven that fast, meaningful change is both possible and necessary. Initiatives that may have stalled for years—from remote work to ramping up telehealth— became operational within days or weeks.
Environmental, social, and governance (ESG) criteria have been used for years to assess a company’s performance beyond the black-and-white lines of a profit-and-loss statement, challenging executives to measure the value their businesses create in the context of more fundamental ethical values.
For healthcare organizations, an ESG framework calls for sustainable energy and waste management systems, prods investment in community health, and demands that leaders embrace diversity and inclusion as essential duties. These and other initiatives recognize the...
Culture can help achieve the goals of a strategic plan like financial stability and success, cost savings, excellent clinical outcomes, reputation management, and staff recruitment and retention.
Download this HealthLeaders Roundtable, where panelists explore the many ingredients that go into crafting an optimal workplace culture, including empowerment, staff and patient safety, resilience, diversity and inclusion, and lifelong learning.