Hospitals and health systems are recovering from one of the worst financial years in recent history and focusing energy on achieving growth and sustainability. Although hospital margins did improve in 2023 with the median operating margin increasing to 2% according to Becker’s Hospital Review, executives are continuing to look for ways to cut costs and…
Ambulatory Surgery Center and Hospital Joint Ventures A global pandemic and economic downturn did not stop the proliferation of joint ventures between ambulatory surgery centers (ASCs) and hospitals. The trend continues as federal regulators expand on the types of procedures that can be performed in the ambulatory setting. Hospitals recognize the need for a surgery…
Have you ever wondered whether your cardiac cath lab was running as efficiently as possible? Would you be able to gauge its efficiency? And most importantly, are these considerations even important? Well, in this ever-changing healthcare environment, it is of the utmost importance to be able to deliver services in a cost-effective manner while maintaining…
Today, many healthcare organizations are challenged to envision how their investment in facility can keep pace with the ever-changing healthcare market place. Strategic planning efforts typically look to a three- to five-year horizon, while master facility planning often takes on a 10-year planning cycle. This mismatch can become even more challenging for hospitals and health…
