Hospital IT Spend, the Untapped Well of COVID-19 Financial Recovery

By |2020-09-17T10:11:48-04:00September 17th, 2020|Categories: Uncategorized|

Amidst massive (i.e., 20-30% annual) revenue decline caused by COVID-19 and steadily growing fixed costs, hospitals are suddenly facing declines in their margins of 200-300%, leaving executives scrambling to reduce costs.  Previous focal points of hospital value management, like clinical supplies and purchased services, are now becoming much harder to find meaningful latent value. Labor reduction, [...]