Becker's Healthcare February 23, 2023
New Hyde Park, N.Y.-based Northwell Health is heavily expanding its outpatient portfolio to increase market share, CEO Michael Dowling told Becker’s Hospital Review.
“If you’re relying on the hospital to be the core provider of the future, you’re going to lose,” he said. “You’ve got to take a little bit of a hit by going out and expanding your ambulatory presence. But the more you expand ambulatory and grow in the right locations, the more you increase market share, which brings more of the necessary inpatient care back to your hospitals.”
Northwell Health has 23 hospitals and 890 outpatient facilities. Many hospitals are looking to ASCs and outpatient surgery to offset these losses and boost revenue, particularly as surgery is...
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