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Financial sustainability
The Importance of Humility and a Memorable, Forgettable Rating Meeting

Rating meetings should include a meaningful discussion of notable achievements along with a frank, no-spin discussion of the risks the organization is facing. This balance will build credibility with... read more

Financial sustainability
Company
Steward Files for Bankruptcy and It Feels All Too Familiar

Steward Health Care’s recent Chapter 11 bankruptcy filing is one of the largest health system bankruptcies in recent memory. Although Steward is a for-profit system, there are important lessons that ... read more

Financial sustainability
Introducing TEAM, Medicare’s newly proposed mandatory bundled payment model

Vizient’s Kristin Oberfeld breaks down the who, what and why about the Transforming Episode Accountability Model (TEAM), a new mandatory payment model proposed by the Centers for Medicare and Medicai... read more

Pharmacy
Quality & clinical operations
Financial sustainability
Supply chain
Optimizing 340B Participation Compliantly While “Waiting and Watching” New Developments

Hospitals and health systems that participate in the federal 340B Drug Pricing Program are currently facing challenges on multiple fronts, including manufacturer restrictions and program audits, lega... read more

Financial sustainability
A Year After Silicon Valley Bank’s Collapse, What Have We Learned About Managing Counterparty Risk?

A year after Silicon Valley Bank’s collapse—and on the heels of the Change Healthcare cyberattack—the issue of counterparty risk has new urgency. While not all risks can be anticipated, there are foc... read more

Company
Financial sustainability
Quality & clinical operations
Profitable growth
The Importance of No-Regrets Strategies

With hundreds of competing priorities, hospital executive teams must focus on something they that they know they can spend time on and get real results from. An intense focus on improving length of s... read more

Financial sustainability
8 (mostly easy) ways to reduce your medical gas spend

As health systems continue to navigate tight margins and seek ways to transform variable expenses, there are some quick wins to be found. Step No. 1? Understand your product supply agreement. read more

Financial sustainability
Days Cash on Hand Does Not Tell the Full Liquidity Story

While days cash on hand is a pillar liquidity ratio for healthcare, liquidity is an equally important concept. There is a difference between wealth and liquidity, and recent events have demonstrated ... read more

Profitable growth
Financial sustainability
Gist Weekly: April 5, 2024

Kaiser Permanente’s Risant Health closes its Geisinger acquisition, and Optum plans to purchase Steward Health’s physician network. read more

Financial sustainability
Profitable growth
Embracing Financial Planning After a Pause: Key Considerations

In recent years, many healthcare organizations have invested less effort in long-range financial planning to confront more immediate challenges to their margins and balance sheets. read more