There is emerging momentum to the idea that affiliating with a larger health system will not guarantee independent community hospitals or smaller health systems the market security or financial sustainability to serve their communities. Market dynamics for safer, lower cost of care delivered in an environment that patients really like seems to fly in the face of the mega systems.
Community hospital boards and their CEOs say lack of agility or the ability to deliver care for less while engendering patient loyalty, is major weakness of many of the larger health systems.
Here is today’s big idea: Health systems and hospitals, facing cost structures that are not sustainable, are looking at outsourcing departments and operations that have never before been subject to scrutiny, according to Black Book’s Q2 outsourcing survey.
The survey’s authors said that by 2022, four short years from today, average hospital costs must be reduced by 24 percent in order to break even.
This could have an impact on your career so now is the time to pay attention to this important trend.
There is a career transition myth that the size of a job applicant’s network or absent his own, the size of his outplacement consultant’s network, is critical in the process of finding a new job. It is simply not true.
Candidates win or lose jobs based on their performance in the interviews and most candidates struggle mightily with this aspect of their job search.
The biggest threat Chief Executive Officers face when joining a new organization is the existing culture. Today’s big idea focuses on job transition and how to avoid this common cause for CEO failure.
Culture is an incredibly complex subject. It is the amalgamation of a multiple of things, from values, leadership examples, behaviors and habits. CEOs that ignore the existing culture at a new organization do so at their own peril.
Today's podcast offers three steps to mitigate this risks.