Strategic Planning
Hospital, system leaders need to be prepared for these types of costs and gauge short, long-term financial goals accordingly.
Boston Children's will join Cleveland Clinic's network of cardiovascular care providers, hospital says.
Hospitals run the risk of incurring operating losses, lower patient volumes and receivables write-offs if there are problems, Moody's says.
Blood transfusions cost roughly $1,000 per unit, including both direct and indirect costs, Premier said.
Expanded relationship includes CVS Health joining Cleveland Clinic's Quality Alliance.
During their May earnings call, CHS reported a net loss of $199 million, compared with 2016 net income of $11 million.
We're looking for healthcare leaders laying the strategic framework for their organizations' long-term financial survivability.
System cited increasing financial challenges, had invested $68 million in recent years in hopes of securing its future.
Mountain States and Wellmont have been in a healthcare "arms race" for years, each trying to outdo the other for the doctors and services.
Healthcare leaders must accept that engagement is a "must-have" core leadership competency, shape their hiring practices around it.