Becker's Healthcare February 13, 2020
Hospital and health system leaders are thinking outside of the box to overcome the challenges they face today. From launching innovative programs to striking partnerships with nontraditional healthcare players, provider organizations are adapting to the new healthcare ecosystem.
Physician recruitment, regulatory compliance and financial pressures were a few of the challenges raised during a recent CFO advisory call hosted by Becker’s Hospital Review. Though much of the call focused on the pressures facing healthcare organizations, the conversation had a positive tone. The participants discussed how hospitals are overcoming or embracing the following three challenges:
Challenge No. 1: Capital expenditures take a bite out of cash flow. Many hospitals and health systems today have outdated facilities and equipment. They need to...