Advertisement

Leadership & Management

Northwestern Memorial Hospital in Chicago laid off 230 employees in the past month as part of an initiative to lessen its cost structure by 25 percent by 2017, according to a Chicago Tribune report.

Due to the high level of consolidation in the healthcare industry, the amount of hospital closures has increased. Although some hospitals have closed due to bankruptcy and financial issues, some hospitals close because the healthcare services are transferred to another…

Advertisement

In 2012, a hospital's competitors may not be other hospitals, traditional healthcare providers, and/or even based in the same state. With whom is a hospital competing now? In short: anyone who interacts with its patients, staff, providers, and/or payors in…

Advertisement