Becker's Healthcare December 6, 2024
Acquiring financially struggling hospitals is a high-stakes endeavor that many health systems approach with optimism, but few execute successfully. Misaligned strategies, insufficient capital investment and underestimating market dynamics often derail turnaround efforts.
Steve Aleman, CFO of Ontario, Calif.-based Prime Healthcare, recently joined the Becker’s podcast to discuss the keys to transforming struggling hospitals into thriving community assets and why some systems fail to achieve their hospital turnaround goals.
Editor’s note: Responses were lightly edited for clarity and length.
Question: Where are Prime’s biggest growth opportunities over the next 12-24 months?
Steve Aleman: I believe we’re uniquely positioned in 2025 to drive significant strategic revenue growth, combined with cost reductions and targeted capital deployment. These goals have always...
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