By James Bouchard – Gather top, innovative healthcare organizations and supply chain leaders in the same place for two days and one thing becomes clear. Age-old procurement strategies are no longer working for the growing demands and pressures faced by health systems every day.
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Our annual predictions for 2024 continues with the business and finance of healthcare in 2024. Throughout the next few weeks we will be asking the industry experts what they think we will see in 2024. Check back as we cover value-based care, digital health, interoperability, privacy, security, access, and equality.
In a recent interview with FINN Voices, Mark Van Sumeren, Health Practice General Manager for LogicSource, sheds light on the untapped potential in healthcare’s indirect nonclinical purchases and why 2024 is the year to innovate.
By Susan Tyler – I recently had the privilege of attending the IDN Summit and Reverse Expo 2023. At the event, LogicSource hosted a series of focus groups titled, “Reducing Non-Clinical Costs to Improve Operating Margins and Fund Patient Care Initiatives.” Participating in these enlightening discussions provided fresh perspectives on a critical industry challenge:
In our newest Healthcare NOW Radio educational shorts, View In 2, Beth Friedman, host of FINN Voices set out at HFMA 2023 to find out just what vendors have to offer to help CFOs improve margins and remain financially sustainable? Take a Listen.
By Beth Friedman – HFMA 2023 was held at the Gaylord Opryland in Nashville, Tennessee. The event promised the conference would “embrace the need for change.” And change is certainly required against the backdrop of declining profitability and 0.3% median year-to-date operating margins.
The HFMA Annual Conference is the premier event in healthcare finance taking place at the Gaylord Opryland, Nashville on June 25 through 28. We ask around on who was going and why. Meet these people at this year’s conference.