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The Weekly Gist: The Summertime Splooting Edition
WebTHIS WEEK AT GIST—ON THE ROAD. What we learned this week from our work in the real world. Designing physician leadership for scale This week we met with a health system chief clinical officer who sought guidance on physician leadership structures: “We have more ‘closely aligned’ doctors than ever, but I feel like we’re really short on …
Actived: 3 days ago
URL: https://gisthealthcare.com/gist/weekly-gist-summertime-splooting-edition/
The Promise and Peril of Hospital Mega-Mergers
WebThe Wall Street Journal reported that two large Catholic health systems, Ascension Health and Providence St. Joseph Health, decided to shelve their plans for a mega-merger, which would have created the nation’s largest health system—with $45.8B in revenue and 191 hospitals in 27 states; The decision comes on the heels of a spate of …
Shortage of healthcare workers amid high demand for jobs
WebHealthcare’s sluggish return to pre-pandemic employment levels is not for lack of demand. The number of job listings has grown nearly 30 percent since the second quarter of 2020, to nearly 4.5M openings, while new hires have flatlined, resulting in over half of healthcare job listings remaining unfilled as of Q2 2021. In a recent McKinsey
Weekly Gist Archive
WebWelcome to the Weekly Gist, where we distill the latest healthcare news, trends and our conversations with industry leaders into actionable guidance for CEOs and senior executives. For more insights like these, subscribe to the Weekly Gist and receive an executive-level analysis of the week’s news delivered your inbox every Friday.
Medical supply costs hit new highs amid supply chain disruptions
WebAs if rising labor costs weren’t enough of a concern, disruptions in the medical supply chain are adding to the increasingly unsustainable financial profile for health systems. Tracking international trade prices over the last three years, medical supply prices were up a whopping 46 percent at the end of 2021, compared to 2019.
Developing a compelling value proposition for employees
WebTo rebuild a stable and committed workforce, health systems must create, and then communicate, a compelling employee value proposition—a concise statement highlighting why employees should work for them. The graphic below shows what we believe are the key components of a successful employee value proposition, which must …
Talking with Iora Health, an Innovative Primary Care Provider
WebGist Healthcare Daily host Alex Olgin recently sat down with Rushika Fernandopulle, MD, Co-Founder and CEO of Iora Health.They discussed how the innovative primary care provider has evolved during the pandemic to provide seamless, relationship-based care across multiple care channels (blending in-person visits with …
Outpatient surgery tops ten-year growth forecast
WebOutpatient surgical volume is expected to see the sharpest increase, driven in large part by surgical site-of-care shifts. Orthopedics and neurosciences account for five of the six highest-growth procedures across the next 10 years, with knee replacements alone expected to increase three-fold. Ambulatory surgical centers (ASCs) will see the
Welcome to the World Cupof Healthcare
WebHere’s the group table for the 2018 World Cup, with the healthcare performance statistics added in: 2. Rich countries do better—but system structure matters a lot. We then categorized each country’s health system into one of four types, depending on the organizing principle of the system. (Think of this as a country’s soccer formation
Epic expanding its lead on EHR competitors
WebTwo large nonprofit health systems made headlines earlier this month announcing that they plan to transition, enterprise-wide, from Oracle Cerner to Epic for their electronic health record (EHR) system. Using data from KLAS Research, the graphic below shows how Epic has emerged in recent years as the leader in the hospital EHR market. …
Podcasts Archive
WebOn your iPhone, iPad or other Apple device. Open the purple Podcasts application and search "Gist Healthcare Daily". Tap the Gist Healthcare Daily icon and then tap the purple "subscribe" button. Once subscribed, new episodes will automatically download to your phone each weekday morning. To listen tap the episode.
Walmart Will Bring “Everyday Low Prices” to Healthcare
WebLast month the Wall Street Journal reported that Walmart was in preliminary talks to purchase the insurer Humana. With a market value of $37B, Humana would be the largest acquisition in Walmart’s history. Walmart is the top company in the Fortune 500, with $500B in annual revenue, and is the nation’s largest employer, with 1.5 million …
Providence Unveils incubated patient engagement platform …
WebRenton, Washington-based health system Providence recently unveiled Praia Health, its latest incubated technology. Praia is a platform-as-a-service developed for health systems to increase patient engagement by personalizing individuals’ health journeys and seamlessly connecting them to the right services, products and resources.
Developing an Effective Employee Value Proposition
Web1. Given current labor market competition, health systems must clearly lay out why an employee should choose to work for them. The COVID pandemic has driven health system vacancies and attrition rates to all-time highs as employees decide that the financial, emotional, and professional rewards for working for a hospital don’t compensate them for …
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