From a strictly financial standpoint, the Covid pandemic steadied the outlook for Critical Access Hospitals (CAH) across the United States, but all five factors responsible for that trend have now reversed sharply, suggesting a looming crisis. Perhaps the easiest way for hospitals to remain financially secure through periods of uncertainty is with a strong days… Read More
Critical Access Hospitals: 5 Troubling Financial Signals for 2022
Greg Flicek |Hospital Planning: 5 Financial Lessons from Covid-19
Greg Flicek |COVID-19 continues to have a dramatic impact on the financial performance of healthcare systems across the United States. Ascendient analyzed multiple data sources from the first year of the pandemic and found five key financial takeaways for hospital planning. In 2020, healthcare systems experienced: Decelerated net patient revenue growth Increased salaries and benefits Weakened profitability… Read More
Six Critical Disciplines To Integrate For a Transformed Healthcare Delivery Model
Changing market forces across the healthcare industry will have major reverberations across key provider, consumer, and other stakeholder communities that operate both within and outside of traditional healthcare system networks. And as a new and dramatically different type of healthcare delivery model emerges, healthcare executives can no longer afford to embrace a “business as usual”… Read More