Browsing All Posts published on »June, 2014«

New Ideas on Healthcare CEO Search

June 20, 2014

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Daniel Sinnott, CEO of his eponymous executive search firm, wrote a thoroughly excellent piece on how healthcare CEO searches should adapt to find more appropriate candidates. Leadership is a struggle in these difficult industry times for healthcare, and the head of an organization influences much of the hard-to-change but needs-to-change aspects of the care giving business. […]

Telemedicine Veto Symbolic

June 19, 2014

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Earlier this month, Florida Governor Rick Scott vetoed three telemedicine funding initiatives.  Becker’s and other media reports did not seem to delve into the back story on the action.  In this case, a little speculation might be predictive and helpful to provide broader understanding. Governor Scott has taken considerable criticism from the state’s healthcare industry for […]

Balancing Wants and Needs in HC

June 10, 2014

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There’s an old saw in business to the effect that you can’t trust the customer to know what they want. In other words, a customer cannot envision a solution that does not yet exist. Therefore, it is a professional’s job to invent that solution, rather than wait for the client to describe it, and then try to […]

Hospital OR & Non-HC Service Lines, Part II

June 6, 2014

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[See previous post, Hospital OR & Non-HC Service Lines, Part I] Other than utilization of resources (and that’s a huge one), the main difference between the multi-billion-dollar a year beverage manufacturer and a sub-4% margin hospital? The rigor with which a service line is managed each day.  This intensity extends to the study and analysis executed by […]

Hospital OR & Non-HC Service Lines, Part I

June 5, 2014

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Running a productive OR is an essential competency for hospitals since the Operating Room Suite (OR) provides the average hospital with 40% of its annual revenue, the largest single departmental percentage in the hospital. As hospitals adjust their procedure prices to become more transparent and competitive, they must follow traditional rules of economics: Profit = Revenue – […]