The aim of this study is to evaluate the potential cost implications for hospitals when shifting from sterile water and saline to in-house distilled water for wound care and surgical procedures.

What consumers truly value can be difficult to pin down and psychologically complicated. But universal building blocks of value do exist, creating opportunities for companies to improve their performance in existing markets or break into new markets.

This article shares our experiences in designing a physician compensation model for a physician-owned multispecialty group.

As the nation’s health care industry has become more concentrated amid a steady clip of mergers in recent decades, it’s common for one large system to dominate a market.

Value-based care, a healthcare delivery model in which providers are paid based on patient health outcomes and the quality of services rendered, has the potential to reduce overall healthcare costs and transform the healthcare industry. Physician eng...

As contracts between health systems/hospitals and physician groups approach their renewal dates, negotiations for second-generation contracts must consider the lessons learned from previous contracts and the changes in the healthcare industry.

Twenty years ago, consultants at Bain & Company published a book that explored a dispiriting reality: Although companies spent billions of dollars a year pursuing deals, 70% of mergers and acquisitions wound up as failures. According to new research ...

While the term “financial forensics” is often reserved for the investigation and examination of the finances of a company for purposes of uncovering mismanagement or criminal activity, used here it refers to methods physician leaders can apply to det...

Review of the healthcare statistical highlights from the first quarter of 2024.

The patterns of declining Medicare reimbursement rates over time have been documented in various disciplines of healthcare, but little research has been done on geographic trends in Medicare reimbursement in the areas of hospice and palliative medici...

Healthcare strategies require collaboration among specialized teams in high-tech environments with significant capital investments. Physician leaders are crucial in leading team performance and should be involved in all phases of the strategic planni...

What are the most important things to look for when hiring a new financial advisor or reviewing your current one?