Strategic Planning
Approximately one in six physicians will be victims of embezzlement at least once during their lifetime. Here are some tips to protect yourself, and your investment, from this form of insider theft.
Early-stage investment in private companies used to be reserved for wealthy industry players, but in recent years it has become more common for mainstream healthcare investors to find early-stage investment opportunities. But while easier to find, the underlying risks of private investments has not changed.
For those who haven't heard yet of Theranos, take note because it may be a business disrupter of huge proportions.
When large hospitals and health systems buy or affiliate with smaller facilities, the deals can benefit both parties, but these deals may not work well if costs are out of control.
Healthcare systems have used value analysis since the 1990s, but the process is gaining more prominence amid the uncertainty created by healthcare reform and other changes in the way hospitals are reimbursed.
Imagine trying to run a successful business when employers, competitors, and other service providers have launched focused campaigns that encourage consumers to avoid you. If you run a restaurant or an auto-repair shop, this scenario is far-fetched. If you run a hospital, it's reality.
As payment moves to value-based models, telemedicine could become an important part of the hospital's financial future. One health system is already planning on the financial benefits by creating a standalone virtual medical center.
There is encouraging news for defined-benefit pension plans in the U.S. not-for-profit health sector, but the multitude of variables at play means there is also much unpredictability.
Business intelligence is a popular buzzword in the healthcare industry, tapped as a cure-all for almost every faulty business or clinical process. But while BI is not a panacea, done properly it can translate raw data into actionable knowledge and help cut hospital costs.
A new tool for modeling the physician workforce is now available for free to hospital and health system administrators, policy makers and others.