Hospitals and health systems continue to face demanding conditions and financial challenges well into 2023, including increased administrative expenses, a healthcare worker shortage, and increased labor costs. And although there has been a stabilization in operating margins over the past several months according to several industry reports, the trendline continues to show some organizations remain…
Elevating Quality and Cardiovascular Care We all understand the vital role that a robust cardiovascular program plays in a healthcare facility. Ensuring the quality of patient care, achieving superior outcomes, and maintaining financial stability are key objectives for all providers. However, in an evolving healthcare landscape, how can you make your cardiovascular program stand out?…
Involving Service Line Administrators in Physician Recruitment In the world of healthcare, the recruitment of qualified physicians is a critical component in the provision of quality care to patients. The hiring process is not just about finding candidates with the right credentials, but also about ensuring that the physicians have a shared vision for…
Recovering From Revenue Shortfalls Hospitals and health systems have been facing common challenges since the onset of COVID, leading to low margins for the past few years. According to Deloitte’s 2023 Outlook for Health Care, hospitals and health systems experienced consistent negative operating margins in 2022, resulting in low patient volumes, revenue decreases, and high…
In the current job market, finding qualified candidates can be challenging. However, there are common mistakes made by hospitals and health systems that can make the search process even more difficult. As a result, it’s important to realize that you are competing for every position with those who are doing it right. Great candidates have high…
Why Pursue Accreditation for Your Specialty Program? A significant purpose of any accreditation process, whether in healthcare or another industry, is to ensure adequate attention is being paid to critical aspects of a process to result in a positive outcome. In healthcare, this translates to having processes in place to guide the right care,…
“Putting predictability in an unpredictable situation is grounding and comforting to patients.” A few weeks ago, I received news that no son wants to hear, “Hello Mr. Kirkes, your 84-year-old mother is in our emergency room with a broken humerus.” My mother fell in the middle of the night while getting up to use the…
“A leader takes people where they would never go on their own.” – Hans Finzel Everyone, at some point in their lives, has built a jigsaw puzzle. Let us take a moment to reflect on that time, as that is where we’ll uncover today’s leadership lesson. OK. You just dumped out all the puzzle pieces…
The Medicare telehealth update for the physician fee schedule during 2023 is set to bring significant changes to the healthcare industry. Medicare telehealth services have become increasingly popular in recent years, and the COVID-19 pandemic has only accelerated the adoption of telehealth services. The Centers for Medicare and Medicaid Services (CMS) recognizes the importance of…
What is Mechanical Thrombectomy? Mechanical thrombectomy, a procedure that uses a device to remove blood clots from a blocked blood vessel, is becoming increasingly important in the treatment of acute ischemic stroke. It still remains, however, severely underutilized in 2023. Stroke is a leading cause of death and disability worldwide, and the majority of strokes…
