This is the third blog in a series of four aimed at transformation and change management – at the individual and organizational levels. The first blog addressed now and near-term expense management; the second blog outlined eleven IT-enabled revenue generation strategies beginning now and extending into the future. The aim[…]
From Overhead to Opportunity: 11 IT-Enabled Revenue Enhancement Strategies
This is the second blog in a series of three aimed at improving the financial well-being of healthcare provider organizations. In this blog, we will focus on IT-enabled revenue generation strategies, while the first blog addresses expense management. These revenue enhancement actions may take some time to yield results, with[…]
From Overhead to Opportunity: Immediate IT Expense Reduction Strategies
Just reading through the headlines of the articles delivered to me daily causes empathetic stress. Poor bottom line performance and staffing have become acute problems. So, what should be done immediately? This first of three blogs addresses some actions you can take immediately – that is, now. The second will[…]
Data Transformation Model – Deliberate Approach to Achieve Widespread Data Utility
At the 2017 national HIMSS conference, Ginni Rometty, then Chairman, President, and CEO Of IBM repeated a message that she delivered more than 4 years earlier to the Council on Foreign Relations. She said, “Data is the new natural resource and like all other natural resources, it must be refined[…]
Changing The Way We Work – Leveraging IT for Transformation
Rapid changes in the ever-evolving healthcare sector present great opportunities for forward-thinking IT leaders. The pace of health care and technology change requires a different way of working to successfully implement technology-supporting care transformation across the care continuum. Technology is foundational to the success of all business growth. With population[…]
The Disappointing State of Analytics at Most Hospitals & Health Systems
Over 60 years ago information systems were introduced into hospitals and health systems to assist with core financial areas of the business. Soon after, the first electronic medical record systems were installed. With very few exceptions, each and every application had a reporting feature that allowed its users to run various[…]
Speaking Truth to Power
The concept of “speaking truth to power” likely originated as grunts, growls, and other utterances long ago before the development of speech. Regardless of the form it takes, speaking truth to power -whether they are parents, partners, persons above you in your organization, peers, personnel, patients, or providers – should[…]
AI and AI – Use Them Responsibly
Controversy swirls around the use of the term AI which, like so many other popular terms, does not have a universally accepted definition. A Google search for “healthcare AI” yields 163 million results. Even users of AI have different views on what the “A” in AI means – artificial intelligence[…]
Constructive Indignation and Creative Insecurity – Key Elements to Progress
Real success and ongoing progress require a mix of constructive indignation and creative insecurity. It’s more than metrics. It’s how you approach metrics – what’s part of your heart goals, not just what’s part of your SMART goals (specific, measurable, achievable, realistic, timely). As an adjunct professor in Baylor’s Hankamer[…]
12 Steps to Prepare for 2022 – Big Challenges – Bigger Opportunities
Optimism has served me well throughout life but it’s not sufficient to deal with some of the stark realities we face. The overriding impact of COVID continues. Very sadly, in spite of the fact that we have effective vaccines and supplies are not a problem in most areas of the[…]