Growing Trend: Hospital Strategic Alliances

Hospitals are increasingly seeking out business relationships (alliances, partnerships) as a means to gain competitive advantages in the marketplace. It’s a trend that’s been growing, in part, because the Federal Trade Commission is beginning to take a closer look at...

Ten Concerns and Trends Facing Hospitals Right Now

An article published last week by Becker’s Hospital Review discussed ten concerns and trends that can be viewed as opportunities and/or threats depending on the hospital’s size, market and other factors. The article is linked below; here’s a high-level summary: 1....

McKinsey Report: How Patients Respond to Digital Healthcare Services

In a report published this month, McKinsey & Company provides key insights based on interviews conducted with thousands of patients on their perception of digital healthcare services. The interviewees formed a varied cross-section of different age groups and...

New Strategy for Hospital Profitability: Urgent Care Clinics

According to an investment analysis published July 6 by The Motley Fool (link below), urgent care clinics are a rapidly growing profit center for hospitals. Not only are the clinics profitable, but they’re also a key source of future referrals to hospitals....

7 Things Hospital CEOs can do to Advance Their Careers

This week Becker’s Hospital Review published an article about actions that hospital CEOs can take today to help ensure their future success: 1. Get involved – this could include joining a new local or national healthcare association, which will provide you with more...

Leading a Hospital Turnaround

This week I’d like to bring to your attention another key resource for hospital executives. It’s a book that’s part of the ACHE Management Series, titled, “Leading a Hospital Turnaround: A Practical Guide.” Whether or not you may be currently involved in a turnaround...