Newsday: The Financial State of Healthcare; What Happened at the J.P. Morgan 2023 Conference?
David Ting, Founder and CTO of Tausight joins Bill for the news. There’s lots of challenges financially within health systems. What did the J.P. Morgan Conference uncover? What is the financial state of healthcare today? Is healthcare out of the recession? What should health system CIO's be focused on right now? Ascension posted a big net income gain to $1.8 billion. CommonSpirit is limiting expansion in a bid for positive cash flow after recent struggles. Plus what are the classic blunders in the digitization of medical devices and how can we avoid them?
Key Points:
A lot of CIOs are talking about shrinking budgets
Have we hit rock bottom? Or is the economy on the upswing?
If you don't take care of your existing staff, you're going to have to get really good at finding people
https://www.tausight.com/
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