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November 2, 2023

Hospital and health system CEOs recalibrate amid scarcity

Beckers Hospital Review
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Contributed by: Bill Russell
Summary
Hospital CEOs navigate financial, operational, workforce challenges and industry changes due to COVID-19, focusing on transformation, growth, innovation, realigning leadership structures for long-term success, and increasing collaboration. Specific methods include regional approaches, pursuit of excellence, building trust with frontline workers, transparency about the organization's status, financial turnaround efforts such as outsourcing and partnerships, and addressing shortages and workforce challenges such as significant attrition. Recruitment, retention, and worker well-being are key focuses. Understanding the 'why' behind work and engaging with staff is advised.

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