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Strategy

Memorial Medical Center-Lufkin (Texas) was experiencing a decline in patient volume and cash reserves, and had experienced a bond rating downgrade — so it called in the help of CHC Consulting, the consulting arm of Plano, Texas-based Community Hospital Corporation…

With all of the changes happening in the industry, hospital and health system officials have a lot on their plates, and it can be easy to overlook things not directly involved in the patient care function of the organization. Aspects…

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In a complex environment such as healthcare, agility is often thought to be a hallmark of organizational success. However, a top management consultant says the ability to make measured strategic decisions is more important to sustaining organizational success over time…

Hospitals and health systems need to pinpoint their operational focus and differentiating characteristics before they do anything else related to strategy, according to a new white paper from Booz & Company.

The bottom line. No organization in any industry can say it's not important. Even nonprofits must bring in revenue, through services rendered or donations, to support their missions. But, a recent article by McKinsey & Co. suggests that executives' concern…

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