Browsing All Posts filed under »Healthcare and Business«

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. […]

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 – […]

Are You In or Out?

February 12, 2014

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“I mean, say what you want about the tenets of National Socialism, Dude, at least it’s an ethos.”  Walter Sobchak to The Dude in The Big Lebowski I think busy professionals, especially experienced ones, feel like new business ideas are trendy (look at the business best seller list), and if you somehow fall for the […]

Highlights of HC Leader Predictions

February 3, 2014

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The final 2013 issue of Medical Construction + Design offered some “predictions” by healthcare leaders on “thoughts on the facility of tomorrow”.  Although these are more wish list items than true predictions, there are some truisms and good ideas buried in here: Better air flow to prevent spreading infectious diseases It is surprising how few […]

Today’s Forecast: Unpredictability w/ Some Loss of Control

January 31, 2014

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2014 will be remembered throughout most of the U.S. as an especially harsh winter, and we are barely halfway through.  Earlier this week, I read or heard first person accounts, particularly in the South where traditional winter weather is a rare occurrence, of 20 minute commutes taking six hours, kids spending the night at their […]