For decades, hospitals and health systems relied heavily on external consultants to guide strategic decision-making. With limited internal resources and access to fragmented data, these organizations often turned to external expertise for market forecasts, service line projections, and patient volume assessments.

The healthcare industry faces the formidable challenges of rising costs and precarious profit margins. Elevated supply and labor costs, combined with structural revenue pressures, have created a financial environment where margins remain tenuous. Amidst this financial complexity, health systems are recognizing that growth strategies must be centered around preserving and optimizing margins.

In this age of profound technological advancements in healthcare, leaders are keeping a sharp focus on their biggest asset and driver of success: people. This focus on people, paired with strategic efforts to improve efficiency, can transform healthcare operations.

In today’s financial climate, health systems are seeking ways to keep pace with accelerating competition for more consumer-friendly, convenient, and affordable care options. In response, digital-first, low-capital approaches to joint ventures (JVs) are emerging as an attractive alternative to lengthy, high-risk internal capability building. JVs allow health systems to innovate and expand without the high costs and complexities of traditional models – a vital shift for systems looking to stay competitive in the digital health revolution.

More and more, patients expect their digital interactions in healthcare to mirror those of retailers. Organizations that deliver these experiences are likely to see increases in patient satisfaction and engagement, as well as financial health.

Patients entrust their lives to hospitals every day. But a hidden danger lurks in the shadows: unauthorized access to patients, pharmaceuticals and other critical supplies, and IT networks of the like.

Distalmotion’s Dexter Surgical Robot opens an entirely new era for soft tissue robotics in the outpatient setting and ambulatory surgery centers that will have immediate benefit for patients.

Clinical integration bolsters communication and collaboration between departments and across a facility’s clinical services lines. This is particularly important in high-volume referral centers with a diverse patient mix. TeamHealth partners with a level-one trauma facility in South Florida for emergency medicine, hospital medicine, anesthesiology services and OB/GYN hospitalist coverage. Their designation as a comprehensive stroke facility, referral center for complex obstetrical care and trauma status for both adult and pediatric care means they must maintain a high level of care and patient satisfaction.

Navigating healthcare economics and system growth demands nimble leadership that is both mindful of market constraints yet sensitive to patient needs. To meet these demands, Joseph Bosco III, MD, of New York City-based NYU Langone Health, counts intelligent integration and providing access where patients live as key strategies in achieving the system's goals.

Financial challenges and market conditions are prompting healthcare organizations to redesign legacy revenue cycle management (RCM) workflows, remove costly steps and optimize claims for accelerated, data-driven, real-time settlement.

Ascension Florida, a nonprofit Catholic system, is ramping up efforts to expand access to high-quality, complex care for North Florida’s most vulnerable populations, with new facilities, advanced technologies, and a focus on keeping patients close to home, according to CEO Don King.

MOUNTAIN VIEW, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Commure has been selected by HCA Healthcare, Inc., one of the nation’s leading providers of healthcare services, as the exclusive partner to develop and deploy an ambient AI platform across its network of healthcare professionals.

Now in her seventh year as president and CEO of Paramus, N.J.-based Bergen New Bridge Medical Center, Deborah Visconi is prioritizing workforce retention and access to care.

Cleveland Clinic plans to expand care in Nevada with concierge medicine and executive health practices in Las Vegas.

In the pressure-cooker environment of emergency medicine, providers are often operating without the staff, time, and information they need. Providing care to patients with high-acuity, urgent cases is rightly prioritized over obtaining demographic and coverage details, but this leads to a quagmire for billers.

Entering the South Carolina market is something that Winston-Salem, N.C.-based Novant Health was looking into, even when senior vice president Jason Bernd joined the health system almost 20 years ago. 

Rami Karjian, proven industry leader in healthcare operations and capacity, joins LeanTaaS as Head of the Operating Rooms business

It's been a tough year for retail companies looking to lean into healthcare delivery. 

Balancing Healthcare Data Security with Convenient Access Digital threats in healthcare are skyrocketing with more sophistication than ever – cyberattacks on healthcare organizations are estimated to have jumped nearly 54% since 20201. And in 2024 alone, 446 healthcare organizations reported a data breach of nearly 57 million identities2.

Cleveland Clinic and Tijuana, Mexico-based Hospital Angeles Health System have formed a joint advisory council to improve clinical and business operations across safety, quality and patient experience.