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Quality & clinical operations
Financial sustainability
Four market trends that every CFO should be watching

Perhaps one of the biggest questions in healthcare right now is: How do we control the increasing cost trend? There’s no easy answer — but, according to Kristin Oberfeld, Vizient principal, it starts... read more

Financial sustainability
Energy-as-a-Service Opportunities for Health Systems

Health systems with substantial energy infrastructure may derive significant value from an energy-as-a-service (EaaS) partnership. Knowing what your health system wants from the partnership will help... read more

Company
Financial sustainability
Thoughts on Servant Leadership

A servant leader needs to be intellectually curious and strive to learn more from their employees as they lead. Every moment spent with caregivers and colleagues is a learning and a teaching moment. read more

Financial sustainability
Supply chain
Purchased Services Are a Mystery Worth Solving

Purchased services represent a significant—but often unknown and overlooked—opportunity for cost savings. Discovering and quantifying the size of this opportunity requires a lot of detective work, bu... read more

Pharmacy
Financial sustainability
Parkview Health reviews formulary process, saves millions in non-labor costs amidst rising cost of drugs

With a projected 3.81% drug price inflation rate for pharmaceuticals by the Vizient Pharmacy Market Outlook, it's not surprising health system pharmacies are turning to formulary review as a way to m... read more

Profitable growth
Financial sustainability
Making the Most of Financial Planning for Service Lines: Step by Step

As organizations increasingly adopt a service line planning model, integrated strategic financial planning is more critical than ever. read more

Financial sustainability
Preparing for a Timely Basis Swap Execution

Favorable execution levels for basis swaps can emerge quickly, and last for a short period of time. Health systems that have laid the groundwork for execution of a basis swap are positioned to prompt... read more

Financial sustainability
At the Midway Point, Stronger Financial Performance Continues

Midway through 2024, we are seeing a sustained trend of stronger performance. Revenue and expense trends and length of stay will be indicators for the months ahead, but for now, good planning and tou... read more

Financial sustainability
Positioning Short-Term Assets in the Current Rate Environment

Because it has been so long since we have experienced a rate environment that provides for noticeable earnings, the art of generating excess earnings from cash assets may have gone dormant in the min... read more

Quality & clinical operations
Financial sustainability
Re-engaging Hospitalists, Rebuilding Care Teams, and Improving Length of Stay

Length of stay affects many elements of a hospital’s financial performance, and it is also a key driver of patient satisfaction. Effective management of length of stay requires consistent leadership,... read more