“When your charge master becomes your cost master.” — Joe Lupica, chairman, Newpoint Healthcare Advisors, on the changing economics of hospitals’ business models.
“If you are adding people right now, it’s a short term strategy and delusional about what’s to come.” – Lynn Nicholas, president and CEO Massachusetts Hospital Association, on workforce hiring trends in healthcare.
“We also need to reimagine what the product is, what the service is. The service isn’t what we bill in RVUs, it’s the solution to a patient’s problem.” — Michael Sachs, chairman, Sg2, on the importance of integrated care models.
“Many of these incremental changes that we have seen…have been really focused on cost control, and really the question is: has any of that added any value to our patients?” — José R. Sánchez, president and CEO, Norwegian American Hospital in Chicago, questing the focus on incremental change to drive operational improvements that have been a big priority of so many hospitals of so long.
“Is your goal to remain independent, or is it to provide better patient care?” – Quint Studer, founder of Studer Group, on considerations for independent community hospitals asthey examine potential mergers and partnerships.
