Less Is More: The Power of Consolidation & Shared Governance in Health Tech Optimization
MedCity News December 19, 2024
To avoid adding to the patchwork of disparate systems, healthcare leaders must balance their workforce’s eagerness to adopt new technologies with a focus on the consolidation of the right solutions. Here’s where to begin.
Healthcare organizations face a multitude of external and internal challenges today. They are doing their best to dodge cyberattacks, reduce turnover by improving work-life balance, and manage escalating costs. This is all while ensuring patients receive quality care experiences.
And the cost of facing these challenges adds up. For example, hospitals reported a registered nurse turnover rate of 18.4% last year, and the financial losses ranged from $3.9 million to $5.8 million per hospital.
As a result, many hospitals rely on hundreds of...