Strategic Planning
The senior care market was one of the few healthcare sectors to avoid many of the major changes in the Affordable Care Act. Nonetheless, many senior care providers are beginning to experience a "trickle down" effect that will dramatically change the way they do business in coming years.
Last month, Paul R. Bengston, CEO of Northeastern Vermont Regional Hospital, a small, critical access hospital located in St. Johnsbury, Vt., was chosen to lead the American Hospital Association's Section for Small or Rural Hospitals in 2014. The 21-person governing council represents small or rural hospitals in the AHA's policy process and member services initiatives.
Relationships are at the core of any business, so building strong ones is important. One relationship-building strategy that is increasingly becoming popular in healthcare - particularly in the pharmaceutical industry - is strategic account management.
If behavioral health centers want to be a part of the burgeoning integrated care environment, they have to offer clients same day access.
The healthcare industry's transformation to value-based models has spurred retail pharmacies to expand their roles and traditional providers to partner with them.
If post-acute care providers want to participate in new care and payment models like accountable care organizations, they need to take the initiative.
As healthcare reimbursement shifts from a system that rewards quantity of care to quality of care, the onus is on the CFO to determine where best to allocate financial resources and how best to pare them.
If post-acute care providers want to remain viable as businesses, they’re going to have to invest in technology.
Honolulu's Kuakini Medical Center was anticipating an enormous capital investment to upgrade its energy systems, when a golden opportunity came along.
As out-of-pocket medical costs grow for many Americans, the insurance industry is offering a way to help and, at the same time, expand its business: by selling supplemental policies that may fill the gaps for consumers.