Many hospitals and health systems across the United States are facing a systemic financial crisis, and operational efficiency or cost-cutting measures alone won’t be enough to keep the lights on. Rising costs are outpacing reimbursement rates, workforce shortages persist, research funding has been cut, recent federal legislation such as the One Big Beautiful Bill (OBBB) has introduced looming financial implications – and the list goes on. The stakes have never been higher. To fill widening budget gaps, accelerate growth, and advance patient care, forward-thinking leaders are taking two complementary, high-impact routes: Innovative operational and physician alignment strategies (which incentivize value-based care), and creative financing.
Read the full article: Beyond Cost-Cutting: How Health Systems Can Accelerate Through Budget Crises //
Source: https://www.mcdermottlaw.com/insights/how-health-systems-accelerate-through-budget-crises/