January 2024 Issue of Becker's Hospital Review
ON THE COVER
Rob McMurray. CFO at ChristianaCare
ChristianaCare CFO Rob McMurray is focused on making sure the Wilmington, Del.-based system is standing on solid ground.
Deborah Browning, MSN, RN. CEO at USA Health's Children's and Women's Hospital
Deborah Browning, MSN, RN, is the new CEO of USA Health's Children's and Women's Hospital in Mobile, Ala. As birthing services dissolve and the busy pediatric season looms, her sights are set on growth, she told Becker's.
Dianne Aroah, MSN, RN. Chief nursing officer at MSN, RN, chief nursing officer at Virginia Mason Franciscan Health
Dianne Aroh, MSN, RN, chief nursing officer at Tacoma, Wash.-based Virginia Mason Franciscan Health, is passionate about turning every challenge into an opportunity.
The silent stress of health system CEOs
It's lonely at the top. Unaddressed isolation and burnout could be contributing to healthcare's high turnover rates, one health system CEO told Becker's.
ChristianaCare's CFO on pouring a new financial foundation
ChristianaCare CFO Rob McMurray is focused on making sure the Wilmington, Del.-based system is standing on solid ground.
Why 1 chief nurse nixed 'challenges' from her vocabulary
Dianne Aroh, MSN, RN, chief nursing officer at Tacoma, Wash.-based Virginia Mason Franciscan Health, is passionate about turning every challenge into an opportunity.
Hospitals' cash on hand dwindles
The median health system saw its cash reserves fall 28% from January 2022 through June 2023, dwindling from 173 to 124 days, according to a new report jointly commissioned by the American Hospital Association.
Why mission integration belongs in the C-suite, per Trinity Health's newest executive
Corinne Francis is the new executive vice president and chief mission integration officer of Livonia, Mich.-based Trinity Health. Becker's recently connected with her, drawing upon her 22 years of experience in healthcare mission integration work to illuminate the role's purpose and pain points in an ever-changing industry.
AdventHealth doubles revenue in 7 years as a 'growth-oriented company'
Altamonte Springs, Fla.-based AdventHealth has doubled its operating revenue in the last seven years, growing from a $9 billion organization into an $18 billion multistate health system.
Why Orlando Health became Walmart's 1st hospital partner
Orlando (Fla.) Health said it became Walmart's first health system partner to provide patients with care not offered at the retailer's clinics and because both organizations share a goal of expanding access to healthcare.
Where 'automation has not been kind to nursing'
While automation holds the lucrative promise for many fields of removing mundane tasks from workloads, some nurse leaders are hopeful — but questioning — if emerging technology will do the same in their field.
Ohio system CNO: How hospitals can leverage nurse informaticists
Jill Evans, MSN, RN, associate chief nursing officer of clinical informatics at Cleveland-based MetroHealth System, sees nurse informaticists as "interpreters" between technology and hospital leaders and staff.
If AI gets it wrong, do physicians pay the price?
If a physician uses an AI system and the technology steers that physician in the wrong direction, it's unclear who has to compensate the patient, Politico reported Nov. 30.
CFO / FINANCE
Hospital revenue outpacing expense growth amid strategy pivots
Hospitals are emerging from a financially challenging year with margins holding steady and year over year revenue growth outpacing expense growth in the month of October, according to KaufmanHall's November "National Hospital Flash Report."
AdventHealth doubles revenue in 7 years as a 'growth-oriented company'
Altamonte Springs, Fla.-based AdventHealth has doubled its operating revenue in the last seven years, growing from a $9 billion organization into an $18 billion multistate health system.
Hospitals' cash on hand dwindles
The median health system saw its cash reserves fall 28% from January 2022 through June 2023, dwindling from 173 to 124 days, according to a new report jointly commissioned by the American Hospital Association.
CEO/STRATEGY
The silent stress of health system CEOs
It's lonely at the top. Unaddressed isolation and burnout could be contributing to healthcare's high turnover rates, one health system CEO told Becker's.
THOUGHT LEADERSHIP
Why mission integration belongs in the C-suite, per Trinity Health's newest executive
Corinne Francis is the new executive vice president and chief mission integration officer of Livonia, Mich.-based Trinity Health. Becker's recently connected with her, drawing upon her 22 years of experience in healthcare mission integration work to illuminate the role's purpose and pain points in an ever-changing industry.
ChristianaCare's CFO on pouring a new financial foundation
ChristianaCare CFO Rob McMurray is focused on making sure the Wilmington, Del.-based system is standing on solid ground.
INNOVATION
Why Orlando Health became Walmart's 1st hospital partner
Orlando (Fla.) Health said it became Walmart's first health system partner to provide patients with care not offered at the retailer's clinics and because both organizations share a goal of expanding access to healthcare.
If AI gets it wrong, do physicians pay the price?
If a physician uses an AI system and the technology steers that physician in the wrong direction, it's unclear who has to compensate the patient, Politico reported Nov. 30.
Former Optum exec joins healthcare VC firm
Trip Hofer, the former CEO of Optum Behavioral Health Solutions, joined healthcare venture capital firm .406 Ventures as a venture partner.
CMO/CARE DELIVERY
Where 'automation has not been kind to nursing'
While automation holds the lucrative promise for many fields of removing mundane tasks from workloads, some nurse leaders are hopeful — but questioning — if emerging technology will do the same in their field.
Ohio system CNO: How hospitals can leverage nurse informaticists
Jill Evans, MSN, RN, associate chief nursing officer of clinical informatics at Cleveland-based MetroHealth System, sees nurse informaticists as "interpreters" between technology and hospital leaders and staff.
Will rising nurse pay mean higher healthcare costs? It's complicated
The year 2023 was full of labor union wins — in healthcare and beyond. Now hospitals nationwide must grapple with higher nurse salaries, teeing up further tensions with insurers, employers and the potential for increased premiums.
CIO/HEALTH IT
Where C-suite leaders are increasing their IT investments
According to a report analysis by Guidehouse, health system executives are giving precedence to cybersecurity investments, aligning with the rising digital and IT budgets projected for their organizations in 2024.
Can AI save hospitals from the staffing crisis?
Some hospital leaders are optimistic that artificial intelligence could liberate their clinicians from hours of administrative work and return them to the bedside.
WOMEN'S LEADERSHIP
Fading maternity wards, winter on the way: Why this hospital CEO is planning ahead
Deborah Browning, MSN, RN, is the new CEO of USA Health's Children's and Women's Hospital in Mobile, Ala. As birthing services dissolve and the busy pediatric season looms, her sights are set on growth, she told Becker's.
Why 1 chief nurse nixed 'challenges' from her vocabulary
Dianne Aroh, MSN, RN, chief nursing officer at Tacoma, Wash.-based Virginia Mason Franciscan Health, is passionate about turning every challenge into an opportunity.