Becker's Healthcare April 26, 2023
Healthcare organizations continue to face tough economic conditions. In January 2023, hospitals’ patient volumes and revenues were down, while expenses — especially for labor — were on the rise.
Senior leaders have been tasked with increasing net revenue and cash with a lower cost to collect, while confronting massive payer headwinds and a tight labor market.
At Becker’s Hospital Review’s 13th Annual Meeting, Xtend Healthcare sponsored an executive roundtable to explore how healthcare leaders are navigating these industry challenges and are driving change. Mike Morris, Xtend Healthcare’s president and chief executive officer, facilitated the discussion.
Four key takeaways were:
- Some organizations are turning to remote workers — both domestically and abroad. Very few communities have enough qualified...
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