How one hospital relied on sound business and finance processes as the foundation of its cultural transformation initiative
One key to the success of Bergen New Bridge Medical Center’s cultural transformation was an accompanying focus on business and finance strategy, two leaders said during a presentation at HFMA’s Digital Annual Conference.
Does your organization’s ambulatory real estate footprint need right-sizing?
Decisions made with respect to a health system's ambulatory real estate portfolio and footprint can have significant impacts onthe organization's future growth, financial position and capital platform.
Why now is the time to revisit your strategic facility investment plan
After undertaking dramatic changes in operations to address the COVID-10 pandemic, U.S. hospitals and health systems need to begin planning for the restart of normal operations over the next few months as well as for their long-term futures.
Health systems may require a smaller real estate footprint post-pandemic
Although there's an opportunity to reduce facility costs and generate revenue by selling idle real estate as a result of telework and virtual care delivery post-pandemic, the transition to virtual visits may have a negative impact on provider revenue that exceeds the savings.
Decline in healthcare spending contributing to economic downturn
HFMA's Chad Mulvany says the nation's economy and the health of its citizens could suffer if regular healthcare services continue to lag due to ongoing public concerns about COVID-19.
Telehealth’s impact on clinic staffing models post-COVID-19
HFMA's Chad Mulvany predicts that if COVID-19 leads to widespread usage of telehealth, post-pandemic it will lead to a rethinking of primary care clinic footprints and staffing models.
A Providence executive offers lessons for U.S. hospitals on coping with the new coronavirus
Keys for hospitals to stay on top of the coronavirus outbreak including developing a communications plan and establishing remote-monitoring capacity.
COVID-19 outbreak will negatively impact U.S. hospital finances
The coronavirus outbreak could have a negative impact on hospital finances even with anticipated regulatory and legislative support.
UW Health proves the ROI of energy conservation
An academic health system improved its energy performance by 24% over four years, and the ongoing efforts pay for themselves, on average, in 11 months.
Viewing Sustainability Through the Cost-Savings Lens
Sustainability strategies like installing fluid management systems in the operating rooms (ORs) can improve safety and reduce waste and associated costs.